Q1 Drifting (developed meters) A total of 949 meters were developed during Q1 and an additional 391 meters for the month of September 2013. The allocation amongst project areas is as follows:
Area | June 2013 (meters) | July 2013 (meters) | August 2013 (meters) | Total for Q1 (meters) | % | Sept. 2013 (metres) | % |
Tajos Cuates | 129 | 113 | 100 | 342 | 36% | 162 | 47% |
Florida NW Project | 0 | 0 | 0 | 0 | 0% | 0 | 0% |
Florida SE Project | 0 | 0 | 0 | 0 | 0% | 0 | 0% |
Macedo Project | 0 | 14 | 124 | 147 | 81% | 81 | 1% |
El Gringo Project | 0 | 0 | 0 | 0 | 0% | 0 | 0% |
San Francisco Project | 175 | 161 | 12 | 460 | 48% | 148 | 51% |
TOTAL DRIFTING | 313 | 288 | 348 | 949 | 100% | 391 | 100% |
Distribution of development during Q1 and the month of September 2013 by activity is as follows:
Type of Drifting | June 2013 (meters) | July 2013 (meters) | August 2013 (meters) | Total for Q1 (meters) | % | Sept. 2013 (metres) | % |
Exploration | 165 | 118 | 171 | 454 | 48% | 183 | 52% |
Preparation | 72 | 57 | 89 | 218 | 23% | 79 | 20% |
Projects and infrastructure | 76 | 113 | 88 | 277 | 29% | 129 | 28% |
TOTAL DRIFTING | 313 | 288 | 348 | 949 | 100% | 391 | 100% |
Of the development work completed during Q1 a total of 80% was on exploration and infrastructure.