GREY:BNCIF - Post by User
Post by
Blahblahblahblaon Apr 05, 2017 3:21pm
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Post# 26081474
From their website
From their website
The Duncan Kerr Project was acquired in November 2016. This acquisition encompasses all assets of this 32.3 hectare property, including the existing stockpiles and milling facility. An independent mineral resource study prepared in 2014 by Golder Associated Ltd. estimated 6,588 dry metric tonnes of crushed material resources contained in the 3 above ground stockpiles (at an estimated average grade of 761 g/t and 95% Co). Management estimates that an additional 1.3 million tonnes of stockpiles exist on the property and require further drilling. Historical drilling depths on the property have not exceeded 182 m depth, leaving ample exploration targets. The milling infrastructure consists of a fully permitted 360 tpd milling facility with a gravity and flotation circuit (expandable to 500 tpd) that is stored on the property site.