Drilling put off pending sale? Sounds like drilling at both sites is just down to bare minimum - probably pending the sale. No use dumping millions into drilling if a sale has been finalized. Sounds like they have really extended the length of the Cali site which should really add some ounces to the resource estimate. Could be over 1 km long from the way they talk about the new zones.
We are finally getting some share price increase now we just need that volume to run. Two weeks until the AGM and there should be lots of fireworks between now and then.
California (from todays news release)
Drilling has been curtailed in California pending an analysis of the work that has been completed to date. The upcoming resource will identify a number of drill targets. As this analysis progresses, we will be better able to determine where future drilling should occur.
Vetas (from MD&A on Sedar)
As at June 30, 2012, there were 2 drills operating underground and 2 operating on surface targeting the stockwork intrusive located west of the mine. Subsequent to the end of the quarter, the Company temporarily suspended surface drilling while we reassess priority targets