GREY:MPRXF - Post by User
Comment by
threepalmson Jun 30, 2011 7:31am
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Post# 18783398
RE: RE: new depth
RE: RE: new depthThe most recent slide in the AGM presentation reads 2560 June 24th.
The home page reads 2551 with rod replacement being done.
Hole 3 moving well approx. 50 metres last week.
I would think that drilling would be suspended for the long weekend so progress this week likely minimal.
At this point we need to take it slow and steady with the best possible people at the controls.
Just sitting back being patient and waiting for what should be a huge discovery of better than 2 oz per ton.
I hope Jim's calculations are correct. A 3 to 6 million oz deposit would be a fantastic windfall for MGP and KBG.
As excited as I am about the Headway I am equally interested in seing the outcome of the work underway at the new Satterly property.
With 12,000 acres directly contiguous to the Springpole discovery we could be in for another possible discovery.