A little more of what Walford said... “We want to get an open-pit resource out at the end of this drilling season. We’re drilling about 40,000 metres, so we’ll have a lot of information to put into the model. The drill program is underway, and there are three drills turning right now. All in all, we’ve had a little bit of a hiccup, but we’re moving right along, and I think the results that you’ll see in the next little while will show that we’re back on track and moving ahead to make this deposit grow.”
Asked whether Marathon and Mountain Lake intend to take Valentine Lake to production, Walford replies, “We’re doing everything just as we did with Marathon PGM. We’re doing everything to go into production. That’s our focus, and we’re not straying from that.” He adds, “We’ve got enough cash on Valentine to finish the drilling season, so we’re not too worried about that.
“We’re about 50 kilometres south of the town of Millertown, which is near Buchans, and we’re 95 kilometres from the Trans-Canada Highway. You can drive into the property. There’s also a major powerline about 20 kilometres away. Right now we’re on generator power, but for a mining operation we’d go on to grid power, which would save a lot of money.”
(With Marathon PGM they got bought out before they got into production.)