Post by
snowshoedb on Jan 14, 2022 11:05am
Q3 Conf Call - Reminders
Here are a few reminders from Q3 Conf call not to lose sight of:
2 Minanble areas now at Eagle in the volcanics:
1) Falcon 7 vocanics = Zone 7 in mine diorite
2) Falcon 311 volcanics = 311 Zone in mine diorite
3) Expectation is that parallel zones of Zone 5 & 8 will be found to be contiguous in the surrounding volcanics... giving at least 4 new areas to mine that are at higher elevations and thus debottleneck production. The will average 700 tpd... grow to fill the mill... 850 tpd and then 1200 tpd.
New zones to be anounced in future:
1) drilling to expand Presu'lle zone (1500gm over 0.5m)
2) Borgo Zone... deposit is perpendicular to Norbenite & Marbenite faults (same as A Zones) and orientations is similar to A zone. I am waiting to hear them say "Another Rydell Shear Zone"
3) Additional good drill results to come from the Footwall Zone which will dramatically alter (positive agument) the PFS. Volumes to increase, ounces per vertical meter to jump and life of mine and ounces per year to increase imo 50%-100%/year. Im expecting 150,000 - 200,000 ounces per year from Kiena!!!