GREY:PGDIF - Post by User
Comment by
cudjoon Oct 29, 2016 10:24am
74 Views
Post# 25401620
RE:RE:RE:Prediction
RE:RE:RE:Predictionshneps, go back and re read the MD&A, it is a winter program
The Company proposes to advance the Chidliak project further by completing a core drill and a bulk sampling program in Winter 2017. Estimated budgets for this proposed 2017 program are approximately $10 million to $15 million. The objectives of the proposed program are: i) at CH-6, acquire additional kimberlite for micro-diamond sampling from kimberlite that is currently classified as TFFE and which occurs deeper than 250 meters (the current maximum depth of the Inferred Resource); ii) upgrade the Inferred Resources at the CH-6 kimberlite to the Indicated Resource category; and, iii) to increase confidence in the Inferred Resources currently declared for the CH-7