Timing for True North NI 43-101 According to the True North (TN) mine site visit report of 12 September, the TN 43-101 and mine plan will be available on or before 27 October.
The existing exploration and drilling is focussed at the underground 710 6300 level. The questions that would be interesting and which could be clarified by the mine plan include:-
- How far in the future will the mine plan govern mining operations at TN.
- Apart from drilling and mining at the 710 6300 level, the Cohiba zone has been identified as an area of interest in the presentation plans. Will the mine plan seek to identify other areas for mining in the medium term, or be restricted to the 710 6300 level?
- Cohiba is accessed by way of a ramp. According to my recollection, San Gold located rich ore reserves in this area, which was generally referred to as the Hinge.
- Hopefully, the NI 43-101 will identify the former San Gold 43-101 resources that are considered to be economic by KDX and add the resources identified by their own drilling.
https://www.klondexmines.com/assets/docs/true_north_site_tour_2016.pdf
TRUE NORTH
Detailed mine plan in process will be complete in Q4
•
Exploration definition drilling ongoing
•
Technical report will be issued within 45
days of September 12, 2016