GREY:ADEXF - Post by User
Comment by
Greenandgrizzlyon Mar 04, 2012 7:48am
223 Views
Post# 19623573
RE: RE: C-Zone Technical Report
RE: RE: C-Zone Technical Report Um no. There's only one definitive feasibility study that is referred to in the technical report, the one that Wardrop will produce for the Roche Bay C-zone in 2012. The feasibility study everybody is waiting for. This DFS will study both a start-up scenario of 5 million tonnes per annum, and an expansion scenario of 10 million tonnes per annum.
*
The technical report is current as of March 2, 2012, and it reveals that at least 7 pit geotechnical drill holes are still required for the DFS. "and the outlining of seven geotechnical drill holes planned for the proposed C-Zone pit that would collect information in the southeast and northwest pit walls." Along with a laundry list of work that hasn't yet been completed. A summer 2012 field season of geotechnical pit design drilling and field studies is still required. The DFS will be pushed to Q4 at the earliest.
*
The end of March is very soon. I'd be happy to bet any amount of money you like that the DFS won't be released by the 31st. This technical report states exactly what's still required, and it's impossible to get all this work done before the end of the month.