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Mosquito Consolidated Gold Mines Limited V.MSQ



TSXV:MSQ - Post by User

Post by halcrowon Jul 12, 2012 8:02pm
275 Views
Post# 20109009

Drilling update

Drilling update

From today's MAO news release:    Reverse circulation drilling equipment is not readily available in Canada and typically costs more than a diamond drill core. Furthermore, a compressor and water truck are needed, resulting in added logistics and costs.

 

"Mosquito Consolidated starts drilling at Cumo

2012-05-24 06:08 ET - News Release

 

Mr. Brian McClay reports

MOSQUITO ANNOUNCES PLANS FOR 2012 EXPLORATION AND DEVELOPMENT PROGRAM AT CUMO, PROVIDES UPDATE ON WEBSITE

Mosquito Consolidated Gold Mines Ltd., in conjunction with Sacre-Davey Engineering and in accordance with the United States Forest Service's plan of operations for Cumo, has commenced drilling at the Cumo project site which is located approximately 35 miles north of Boise, Idaho. Mosquito plans to advance the Cumo project to the prefeasibility stage by the second quarter of 2013.

The new technical approach at Cumo includes reducing the scope of the project and the associated exploration costs by reducing the exploration footprint. Mosquito also plans to complete a feasibility-stage bulk sample in 2013 using reverse circulation drill cuttings augmented with large-diameter core. The 2012 exploration and development program includes:

 

  • Approximately 20,000 metres of core drilling;
    • Approximately 50,000 metres of reverse circulation drilling;
      • Bulk sample, including bench work and pilot plant operation;
        • Environmental baseline monitoring and studies required for EIS permitting. "
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