GREY:BHNGF - Post by User
Comment by
deninsaskon May 18, 2007 12:47pm
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Post# 12805601
RE: Next 43-101Update will be Pretty Nice Numbers
RE: Next 43-101Update will be Pretty Nice Numbers
Having said this......
"Yes thats right eric.........the Update will reflect most of the work undertaken this Winter/Spring in Stage1 of the 2 Stage Development Plan.
The Adit Block will have it's 43-101 Resource Upgraded to the Indicated Category and the new Mine Plan intends to lower the Mining Height to lower costs and highlight the Higher-Grade ore in the lower portion to footwall contact.
As well some ore East of the Adit Block, previously regarded as potential resource, will be Upgraded to Inferred Resource.
I think the higher grade Resource (than reported before) will surprise quite a few........Pele has said it will be in June and with Pele you can count on it. They keep meeting stated timelines again and again......over and over!!" ...........
......I'll add in the fact that if Scott Wilson RPA can Engineer this Mine to Hoist to surface just 35-50% of the (Higher-Grade) Ore than previously reported, Mining Cost will DECREASE Big-Time again as well.
Because the Richer Ore segregated in the bottom portion of the Main Conglomerate Bed (MCB) I can see having feed stock Grading 3-4 lbs./tonne being fed into a mill this way leaving the lower-grade portion to Hanging Wall underground for Bacterial-Leach Methods of Extracting the Resource.
I don't think the testing for all this will be completed for the Technical Report Update in June but thats OK..........Things take Time and Patience is a virtue with any Project of this Large a Magnitude.
Huge is the word that comes to mind.