Geo-mologist, you say there two "viable options in Tanzaniz" They are using a third Canadian lab that they also use for TIG as well. Why not use a fourth Canadian lab? or maybe do what SMF did, since they are both spending close to the same amount on exploration. At the current burn rate time is money and any money spent on a lab could be justified by the time saved. Investors should stop making excuses for highly paid managers and start pressing them for results. What happened when they were written up in the short report? We, mysteriously got results. Most here, including myself want to make money on this stock. So far the only people making money are CAN management via paychecks. ALL IMHO
Assay Time to be Reduced Substantially
MONTREAL, QUEBEC--(Marketwire - March 21, 2012) - SEMAFO Inc. (TSX:SMF) (OMX:SMF) today announced that operations have begun at its on-site exploration laboratory at the Corporation's Mana Mine in Burkina Faso. Mana's new assay laboratory is NI-43-101 compliant and has a current processing capacity of between 500 and 600 samples per day.
Mana's preparation laboratory is housed in a newly constructed building, completely separate from the production test area. In addition to utilizing a Quality Assurance/Quality Control ("QA/QC") system in the laboratory, SEMAFO's exploration group adheres to stringent QA/QC protocols during the sample collection process that includes insertion and verification of standards, blanks and duplicates consistent with industry standards.
Furthermore, ALS Minerals Division of Ouagadougou, Burkina Faso recently established an independent on-site preparation facility at Mana. This prep lab is designed to crush and pulverize up to 500 pulp samples per day and will also play an important part in significantly accelerating the overall assay turnaround time.
"We are determined to make every possible effort to reduce the turnaround time for assay results," said Michel Crevier, Vice-President, Exploration and Mining Geology and SEMAFO's Qualified Person. "The establishment of our new on-site laboratory as well as the ASL Minerals Division preparation facility will be instrumental to achieving this goal. With an initial 2012 exploration budget at Mana of $36 million and the resultant significant number of samples that will be generated on a daily basis, these new assay testing and preparation facilities will be fundamental to improving our turnaround and reporting process moving forward."
In consideration of the 2012 exploration program at Mana, the Corporation is presently contemplating another expansion of the exploration preparation laboratory to increase the processing capacity to up to 900 samples per day. Expansion of the current facility would represent an additional investment of approximately $150,000