GREY:PGDIF - Post by User
Comment by
ekimon May 27, 2018 11:16am
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Post# 28085907
RE:RE:PEA - Key items not included
RE:RE:PEA - Key items not includedCH-20 is the first pearl North of CH-6.
They had an anomaly South of CH-6 that they determined was basically shallow magnetic sand.
On the far north end of the deposit at or just past the last pearl, they drilled into some dyke material about 1 metre thick near surface. They haven't really done much beyond a shallow drillhole.
The pearls are not really amenable to Open pit mining except when they happen to get captured by another pit (ie. CH6 / CH-20 relationship).
However, once they design an Underground at CH-6 (not this PEA), they can use that infrastructure to head over to the pearls to selectively drill and blast kimberlite material out of each pearl. The pearls are too small for open pit and they would hit extremely high strip ratios very quickly. Not to say they couldn't scrap up off the top 50 metres from each pearl quite easily.
LONG...PGD
EKIM