Zurich presentation commentsNo real breaking news but some good clarification about timelines to production.
1) 9 new zones possibly identified below c7 but no drilling there yet
2) 1,000m of decline done, setting up 1st drill station very soon
3) The 700k ozs increase in Triangle RE are all within the 850m depth
4) Expecting better grades and widths of C2 to contribute to higher production in 1st few years
5) They want Triangle to produce 150k ozs every year when next FS is done
6) Production will start 6 - 9 months after bulk sample completed
7) Toll milling of bulk sample will occur in August and results in Q4
8) Pilot hole is 2,600m long and has gone in to Sigma deposit
9) 2 wedges done in Sigma, now starting Lamaque wedge
10) Hoping for 1.2-1.5mil ozs in Sigma RE this quarter, will make better economical case for new infrastructure if LD comes up positive.
11) Triangle RE in Q1 2018