OTCQX:BGMZF - Post by User
Post by
doscoon May 20, 2016 1:20am
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Post# 24891278
Waiting for phase I dril results
Waiting for phase I dril resultsAlongside the aforementioned studies, the Company has recently completed 18,357 metres of its Phase I diamond drilling program on Cow Mountain designed to upgrade Inferred and Indicated gold resources within a conceptual open pit.Drilling has been halted temporarily due to seasonal melt conditions and the Phase II campaign is scheduled to begin once environmental conditions allow. The 41,000 metre Phase II program will take into account results from Phase I and will be utilized to further optimize the economics of the conceptual open pit. The second phase will also encompass geotechnical drilling for the purposes of optimizing pit walls as well as collection of fresh material for detailed metallurgical test work.