RE:RE:RE:RE:Q1 productionAlbertan22 - My theory on "another planned poor production quarter" is incorrect. I believe the low Costerfield production is directly attributed to the Brunswick grades. Upon further discussion, the high 18 AuEq g/t Youle load will turn the production around at Costerfield. With the financing money being released, the intent is to complete the ramp to Youle and ramp up production.
Based on the issues in bringing Brunswick into production, the Youle project plan is more conservative with the milestone dates. I stressed the importance of running shifts 7x24 to complete the ramp and dewatering.
The cost of a single deep drill hole is approx. $400K to $450K. Almost double my estimate which was based in Zambia pricing. Drilling on the four holes should be underway with the financing money having been released. The importance of drilling the holes is to increase their knowledge of the rock structure. It was unclear during the discussion that DH geophysics will be peroformed though the NI mentioned DH geophysics on all holes.
Exploration plan has been formulated for the drilling of the east side of mining permit MIN4644 - Brown's Diigings and Robinson Reef. I can't rember the details for the True Blue zone.
Based on the exploration plans for this year and the Youle grades, MND could end up with 2 or 3 major propsects to attack in the new year. 2018 production will be based on the Brunswick grades - MND needs to get the Youle load into production ASAP. I still nagged about more disclosure on the aerial geo-physics surveys for Costerfield's exploration targets on permit MIN4644 and the neighbouring exploration permits.