More to Come in 2012 With 2012 now started, I am opptomistic that the mineral markets will have a good one.
We're still waiting for more assay results from the Eldor Rare Earth Project which if they are similar to the spectacular holes already reported just adds to the fundamentals of that project.
Regarding their Blue River project, they had reported the highlights from 2011 work as
- 2011 fieldwork included approximately 8,715 metres in a 34 drill-hole definition drilling program which was targeted to improve understanding of geological and structural relationships within the Upper Fir deposit.
- 2010 drilling results (54 holes; 12,949 metres) are currently being compiled for inclusion in an updated three dimensional block model and resource estimate which will itself form a separate resource update anticipated by second quarter 2012.
- Results of exploration to the end of 2010 will be described in a technical report currently in preparation under the direction of AMEC which will provide the next milestone in the evaluation of the Upper Fir deposit.
- Assay results from the 2011 holes remain outstanding and will be compiled for inclusion into a separate resource update.
I am going to try to stop off at the investment conference going on this weekend to talk with CCE.