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Silk Energy Ltd SLKEF

Silk Energy Limited is a Canada-based resource company. The Company acquires undervalued oil and gas assets in Kazakhstan. The Company, through its subsidiaries, owns a 50% interest in the KMG Ustyurt license (Ustyurt). The Company focuses on exploring and developing Ustyurt, an onshore oil and gas concession comprising approximately 6,500 square kilometers in the Caspian Sea region of the Republic of Kazakhstan.


GREY:SLKEF - Post by User

Bullboard Posts
Comment by Buxom1on Dec 16, 2009 3:11pm
319 Views
Post# 16593783

RE: MICON DAY

RE: MICON DAYWhaler,

Thanks for reminding me to look for nr's pertaining to ISM's history with the commissioning of this report.  As it was commissioned in May of 2008 I was hoping to read its contents by the latest December 2008. 

https://www.inspirationmining.com/news.html?id=81

"Micon International Commissioned for NI 43-101 Report

FOR IMMEDIATE RELEASE
May, 16 2008     TSX - ISM Frankfurt- OI8

TORONTO, ONTARIO, (MARKET WIRE via COMTEX News Network) --InspirationMining Corp. (the "Corporation") (TSX: ISM)(FRANKFURT: OI8) is pleased to announce it has commissioned Micon International of Toronto,Ontario, Canada to prepare a mineral resource estimate, a preliminaryeconomic assessment (commonly referred to as a scoping study) andtechnical report on its Langmuir property. It is anticipated that theproject will be undertaken in the following phases:

Phase I -Mineral resource estimates for Langmuir No. 1 in preparation of a bulksample and mineral resource estimates for Langmuir No. 2. The mineralresource estimate will include Trend Analysis, Cut-Off Grade Estimates,Compositing, Bulk Density Review, Block Model Construction andValidation, and Open Pit Optimization for Langmuir No. 2.

PhaseII - Preliminary economic assessments examining the potential economicviability of each zone of mineralization. This assessment willcontemplate excavation of the mineralization at the Langmuir No.1deposit by means of underground mining methods, and the excavation ofthe mineralization at the Langmuir No. 2 deposit by means of open pitmining methods. The results of the mineral resource estimates andpreliminary economic assessment will be compiled in compliance withNational Instrument 43-101.

Whaler given that mid December 2008 has come and gone and mid December 2009 will soon be a thing of the past might the next logical conclusion be that the 101 will be coming out sometime in 2010?

Happy Trails,
-B1-

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