Full Scale Production Finally Achieved?
Will Rochester meet its goal of 300 tpd milling capacity in 2007?
Comment: Rochester has upgraded to 250 tpd, and we expect them to add milling equipment to upgrade to 300 tpd by early 2008. Previously, they had estimated 300 tpd by July 2007 if full-scale production was achieved by January 2007.
Completing a resource estimate in 2007
Comment: The company intended to complete a resource estimate following the achievement of full-scale production. The delay in production has resulted in the delay of a NI 43-101 compliant resource estimate until the middle of 2008.