RE:RE:RE:RE:RE:Short term .10+... Medium term .30 to .50... Long term .50+IMHO and based on my first hand knowledge...this deposit will last longer than 11 years.
The PEA, derived from the technical reports, can only state what was drilled. There are lots of areas in the deposit where there are gaps between high grade blocks belonging to a given gold belt. In some cases, this is due to the nugget effect (there is a drill hole there but it did not hit any nuggets in the drill core thus low grade reported for those blocks around that hole thus a gap in the continuity of high grade). In other cases, (more often than not) there is no drill hole as high grade continuity within a given belt was never targeted.
Drilling in Goldboro was done more on a systematic approach. Drill a hole at 70 dip to the north or south (depending upon which anticlinal limb you were starting your drilling on), step 25 meters east or west and do the same thing (is there a low grade (1g/t), wide ore zone here good for bulk mining) as opposed to does that high grade gold intersection in that belt continue up or down dip?
High grade was never targetednow high-grade is the focus of attention. Infill drilling in some key areas will prove the continuity of the high grade blocks, thus greatly extending the life of the mine. Just look the Boston Richardson belt as a model for the other 30++ gold bearing belts identified at Goldboro (thus far). It was minded from surface down to about 700 feet. Onitap drilling (before Orex) hit the Boston Richardson still in good grades down dip to the east at 1200 feet. Some of the old Boston Richardson stopes are reportedly still full of broken ore as the mine was shuttered due to flooding ~1910. Depth is the other factor heremost holes in Goldboro did not go deeper than 200m. Mine life could easily double - again IMHO.
Mr Levesque...Lets get this show on the roadtime to see this thing mined for the benefit of the shareholders as well as the local community...which is literally a community built on gold.