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Constantine Metal Resources Ltd V.CEM


Primary Symbol: CNSNF

Constantine Metal Resources Ltd is a base and precious metal exploration company focused on its Alaska polymetallic project, Palmer. The company's flagship Palmer VMS Project, located near Haines in Southeast Alaska, is road-accessible and hosts two NI 43-101 compliant resources. The Palmer Project is a Joint Venture partnership between Constantine and Dowa Metals & Mining Co Ltd with the company as an operator.


OTCQX:CNSNF - Post by User

Comment by stillbobon Mar 06, 2015 2:54am
133 Views
Post# 23496334

RE:$5mm budget for 2015

RE:$5mm budget for 2015Yes, there was my answer.


I think I missed it by 12 hours or so?


And the answer regarding funding for this year is GREAT....


It looks like they are going to try a new strategy this year and not hit the plate here there and everywhere but concentrate on the hole 54 and 65 area which is excellent.


That should leave them enough cash to actually go after those other targets that we waited to see drilled for the last several years.


Chiclapete in his post said he was looking for 7 million tonnes on the coming resource estimate and that sounds right on the button to me.


We still need to get enough tonnage from the main deposit to get to the mine stage but with a $5 million budget they should be able to squeeze out 8 million tonnes or more and they should also be able to find some other very interesting mineralization in the places they haven't really been able to drill yet.


I'm pretty sure I'll have a pretty good position in Constantine once again this summer.



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