MeadowbankLooking at the new presentation and reading between the lines we can see that one of the winter road options intercepts the road to Agnico Eagles's Meadowbank project. Agnico acquired Cumberland Resources, the junior that discovered Meadowbank - for 710MM bucks in Feb 2007. The Meadowbank resource included an open pit prospect holding 2.5 MM ozs.
It would seem logical that having made the infrastructure commitment to Nunavut, Agnico would be interested in acquiring further resources to maximize the lifetime of their infrastructure, hence CBR's interest in scoping out the "long road" to Meadowbank. The closest prospect from CBR's greenstone belt to both Meadowbank and tidewater at Wager Bay is the Southwest corner and that is the other resource that CBR is advancing this summer.
Future headline for CBR : "Agnico Eagle and CBR annnounce the formation of a Joint venture to open pit mine CBR's proven 2MM oz. 3 bluffs resource".