RE:RE:RE:RE:Nexgen commences 35000 meter winter drill program35,000m versus 10,000 meters has nothing to do with depth. NXE is simply taking care of business and advancing the project. FCU meanwhile taking their sweet time dialing back drilling and kicking Pre-Feasibility down the road for 3 years.
See Fission used to do 20,000 to 30,000 meter programs. Maybe it isn't early days anymore?
KELOWNA, BRITISH COLUMBIA--(Marketwired - June 26, 2014) - FISSION URANIUM CORP. (TSX VENTURE:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) ("Fission" or "the Company") is pleased to announce that a 20,330m 63 hole summer drill program is scheduled to begin during the first week of July at its PLS property in Canada's Athabasca Basin. Approximately 70% (43 holes) of the drilling at the high-grade, shallow depth uranium discovery will focus on further delineation while 30% (20 holes) will test high priority targets identified through geophysics and radon gas in lake water surveys. The summer program is budgeted for $12M and is part of the overall $28M 2014 exploration budget as Fission targets a NI43-101 compliant resource estimate. It is expected that with the completion of drilling and the return of geochemical assays from the summer 2014 delineation drill program, Fission should be in a position to complete an initial mineral resource estimate for the R00E and R780E Zones.
Key Technical Information - 30,000m of drilling utilizing up to 5 diamond drill core rigs.
- 80%- 85% of the drilling will be delineation-style: multiple close-spaced drill holes testing
NXE it seems to me just gets things done. The drills are active and the plans would have been in motion long before this conference.