Uknowit wrote: Fat timelines and notes - what we should expect based on what we know and what we’ve heard. From today until end of July
Hidden Lake drill 1100 metres commences May 23rd. Based on previous drill programs this should take 22 days at a conservative estimate of 50 m/day - estimated latest completion date June 13th. More MMI work will be done there soon.
Hidden Lake completion June 7-13th
Announcement of field work starting at Zoro. Assume Dr. Linnen’s crew doing the work. MMI and other. Mid-June?
NI43-101 - last week June or 1st week of July. I think this is very conservative.
Hidden Lake assays back - conservative estimate July 25th.
Metallurgical testing - completion end of July (2 months) or sooner.
Addition of metallurgical testing results to 43-101.
Announcement of drill start for Dyke 8 and other locations. July sometime.
In my opinion these are realistic and they build on the momentum of each other. Seeing a positive N43-101 followed by presumably good results from Hidden Lake should be significant catalysts. I haven’t included unknowns such as road trips after the 43-101 release though we can reasonably conclude that this will happen. There is also high potential for off-take agreements and other wild cards that can’t be predicted at the moment so I haven’t made assumptions and included them here.
The market was was a different place last year and we ran to $1 plus based on speculation as well as some very good news. This year will be completely different with catalyst after catalyst expected. Cheers.