RE:RE:Cost Control in Place...Future Funding...Hey inky..
Mine rehabilitation continued with significant progress made in the majority of areas that will be mined in the first several years of mine life. Small Mines Development have been engaged and are nearing completion of 1,674 linear feet of rehabilitation that included robust ground support and enhancement of mine dewatering systems. The rehabilitation completes a series of efforts to ensure safety standards and readiness for full scale mining production.
The 1,674 linear feet is very telling...they are almost ready to mine in these areas...Zones C & D. We need the final delination drilling assay results which will provide the details to layout the stope designs...that will take about two more months.
Mining should begin within 3-6 months...it will build up over time as
they open up stopes and ensure that they have it right which includes extensive sampling as the process moves along. Each blast will give them important information of the limits of such and monitor how each blast affects ground control and such...seismic activity.
We are very close...funding is now a given...what form it will take is the question. Nothing to worry about...Bonifacio will stand firm..we are talking about an additional 7.5 million US...it will happen.
Regards,
Digger0144