RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Resource estimate?Well, since the Iron Cap drilling of 2010 led to a resource of > 3 million probable oz. Au, and since the Tudor work to the northern side of CB is producing better results than Iron Cap 2010 work, I would have to say I've not given up on CB and I'm looking forward to the drilling further northeast next year.
I would also say although CB appears different in Ag & Cu results than any of the KSM properties, there could ultimately be a connection in that they all may be part of the same huge regional system. I agree with the folks who think it's not likely that the KSM system stops at the T/C border.
Actually, the most positive development I saw this year was Newmont jumping into Galore Creek by taking over NovaGold's 50% stake. That's a large copper/gold/silver development that would cost >$5 Billion as will KSM. When I see majors taking steps like that in the area, it makes me think the probabilities for KSM development are increasing. KSM has 38.8 million oz. Au at .55g/t compared to Galore Creek's 5.45 million oz. Au at .32 g/t. Galore has better grades of Copper and Silver than KSM, but KSM has more overall Proven/Probable reserves than Galore in both Ag. (183 million oz. vs. 102 million) and Cu (10.1 Billion lbs. vs. 6.8 B) and a much longer life-of-mine at >50 years to spread the large investment. As Newmont and Teck develop new plans it could tell us a great deal about KSM's prospects.
There's a bundle of work left to do in T/C and the other Tudor properties. Of course, many are impatient to get that work done. But anything else that comes to light going forward is icing for me, and I'll be invested in the result either way.