Post by
idlefreebird on Oct 28, 2015 10:19am
Just goes to say y your drill for structure and mine for ore
The Northeast portion of the 144 gap zone showed from surface drilling weak mineralisation but gold showings... but get into the structure below and now wow a real healthy ore zone...anf to have our first hole in the western portion of the Gap zone to hit :First underground hole into western portion of 144 Gap Zone intersects 6.85 gpt/59.2 m ... this is a healthy deposit and in my thoughts will be over 1 million onces with ease...Therefore with this zone looking at a healthier grade than our 4.2 gpt there will be less tonage needed but I'm thinking it will produce an easy 70,000 once a year production for well over 10 years ... therefore they can start minning this by 3rd Q 2016 and we can see 210,000 onces a year coming out of Timmins west by year 2017 .Now get us a shaft at Bell Creek and voila a 120,000 once a year there and 330,000 onces a year production out of what they had without Temex aquisition...Temex will add more ore and more years making Lakeshore a solid GOLD producer for many years ... therefore Tony succeeded in stabilising us as a true gold producer....GLTA and be strong and long as true value is coming....
Comment by
Wolfin13 on Oct 28, 2015 10:57am
LSG will drill Whitney Halnor prior to any drilling further away from their core mining operations....... HG gold in their backyard is much more important to mine and mill.....IMHO Fenn Gib and Juby will have to wait until much higher gold prices to warrant movement towards mining those two ore bodies.......