OTCQX:CGTFF - Post by User
Post by
123buyholdhopeon Dec 18, 2017 12:17pm
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Post# 27179057
In fill drilling at FG??
In fill drilling at FG??According to the most recent news from CBGDF and FG:
"The project’s Environmental and Social Impact Study will be delivered in Q1 2018, following the completion of a supplementary in-fill geotechnical drilling program currently underway."
I am no miner and may be totally off the mark here but I connect "...in-fill...drilling program" with trying to increase ozs re P&P or resource. If this is correct then this is news that as far as I am aware was not shared with us and NG as the major miner/holder after the BFS must have been given the go ahead for this drilling.
If they want to buy out CBGDF why would they potentially give us more reserve or resource numbers? I think the banks already had enough ozs to make loans probable. Or, is NG looking to sell out jointly with CBGDF without taking CBGDF out themselves first? Either this intriguing or I am totally misunderstnading the news language.