RE:RE:RE:Will Kilgore ever become a mine? Habitat vs mining article Idaho is a mining friendly state !! famous for Silver as well . Idaho gives support for mining operations for example with a office to deal with state vs federal law`s ect.
There are plenty companys operating in Idaho, a better example to compare it with Kilgore at this stage is Revival Gold imo they are also in PEA stage but more advanced as Otis was .
EXN got a smal interest in Revival as Otis was the owner of a smal portion of the Arnett creek cliams . Revival got the right to by it out by paying about 2M US .
Atm Revival got a MC of about 50M CAD .
Idaho needs that income and the jobs that minijng can create . Revival published just this study.
Revival Gold Announces Results of Beartrack-Arnett Economic Impact Study | 2021-02-08 | Press Releases | Stockhouse As reminder , yes there was a court challenge touching the Kilgore project. But that was NOT against Otis ! it was against the US forest service cause they permitt Otis large drill program in 2018 let`s say to fast to make it short. That gaves Otis the final hit as they lost about 18 months and investores not realy like stuff like that ;-)
At the end of the day not much came out of it , only in a smal portion of the project called dog bone rich the missed in their study to monitor the spring smelt water.
This problem was fixed by Otis during the process but its clear for me that this was the reason that Otis sold Kilgore that cheap.
We will see in the near term the new drill plan, and overall i guess the fact that this is a new project gives EXN the chance by using best practises to build a modern sustaining mine with less as possible impact to the enviroment. Finally you dont have to deal with first nations or rare animals ect like you have to do in Alaska or even BC.
I guess the "New EXN " will be build around Kigore. In the Crux interview they talk about 10-15k drilling in Germany and much more at Kilgore so imo we can expect around 20k here.
At one point the market will react to the progress that EXN made maybe the bad days for EXN shareholders are over soon......