RE:RE:RE:Mining our property likeike wrote: You are always a breath of fresh BC and one of so few on this board that can wrap
your head around things. Agree that exploration will continue for 10 to 20 years with
the land. Hope it is OK if I repost your post.
I sometimes think we might very well forgo a 43-101 and go straight into a scoping
study. The blueprint is there from Fosterville and think with the massive drilling
program and regard it an easy small contained resource....still an engineering call.
Hope you stayed cool this weekend. Just talked with neighbour kid from Van
living with no AC....says its getting hotter there all the time.
Good thing 40 plus degrees does't melt our butter IKE
LikeIke,
I agree with your points. I actually do not think a 43-101 is top priority for management at all. I think completion of the 200K drill program including expanding the Keats zone at depth, adding more drilling colour to Lotto and now the new zone. Also they will likely add another zone(s) to these 3. Keats has the most amount of drilling and 3 bonaza holes so it is the leading horse. Drilling takes time as we all know and this will continue likely as is into FY 2022 with new drill program after this is completed.
You can bet that after this 200K program is completed that there will be educated (by experts) estimates of the gold ounces on several of these zones and some upper end estimates also. This happened recently with Tudor where the market expected 20M ounces at the high end and I recall the INITIAL 43-101 came in at about 26M ounces. Very different company than NFG but just bringing it up because once we have sufficient data, the big boys know how to estimate.
Along with the above, we can expect surprises over the balance of this year and I expect them to be very positive.
PS
Was the hottest I have ever seen in Vancouver 1 week ago at 38C at the airport (which is near water) however low 40's a bit inland. I have A/C and loved it during my occasional stroll outdoors. Unfortunately many elderly folks were left to fend for themselves which surprised me on the number of deaths. My mom has A/C however if she didn't I would have her stay with me.
BC