my take on the waiting gameFirst of all , thank you Peter for all the publicity - do not know if I deserve it but I only hope some of what Iam saying comes true!
At this point it is a waiting game As I said earlier the three remaining holes will be very important - especially the one to the west! If it hits then at the very least it confirms a 500 - 600 m western extention to the pit shell. This area I call RENARD WEST This area will require at least 20 additional holes to determine what it is - a whole program in itself! IMG will have to do something here to give us fair value - if the high grade continues then all bets are off. This is what I like for big additional upside. From RENARD WEST to our western claim boundary there is 2.5 km of untouched metasediments with a strong mag low anomaly . Whereever we drill this mag low along the deformation zone we find gold. This is a substantial high quality exploration corridor that needs something done on it- It could easily contain two Nelligans. Northern Superior found gold immediately to the west of our claim block in metasediments(1.54g/t over 15.15 m ) They actually called it the renard zone but this is wrong. IT is another deposit within the sedimenary package .But if I'm wrong and the renard zone actually does extend this far then THIS DEPOSIT IS HUGE!!! Bottom line - IMG needs to drill at least six holes in this western corridor. It will be very interesting to see what IMG proposes in this summer drilling program.
I also hope that IMG deepens holes NE -17 -58 - 60 . This potentially increases the pit shell by 50 -60% minimum. Again to the east the Renard zone deepens and thickens - 350 feet plus and the grade gets better! - the two upcoming holes will tell us alot about this -outside of the pit shell!
This deposit will become much larger -just how large will be determined by what IMG does! I believe we are at 6.0 million ounces now given almost two dozen drill holes NOT included in the 43 - 101 pit shell resource. Any further drilling ANYWHERE takes it north from there big time! OH and lets not forget that this entire 6.0 km trend is completly open at depth! Have patience everyone - This is a great free ride. I await to be vindicated