RE:RE:RE:treaty creek golen triangle universityOnce all the drill results are in they can update resource. PEA will be based off of new resource. Takes very little time and money to get PEA done. No guarantee they move ahead on new updated resource, but I think they will. Alternative would be to wait for completion of 2024. Given low time and cost requirements of PEA, alot easier to get one done and then update as you go along.
Need some good news before the hold comes off of the last deal.
highper wrote: Ken Konkin covered the PEA situation in his recent interviews. I don't want to misquote him or project my rose colored assessment of a possible PEA timeline into the mix, so I'll say it is best to review some of his recent presentations to determine his thoughts on the matter.
I can only say that it would be difficult to initiate a pea until he has determined the placement of the entry ramp into the deposit. As i understand the situation now, he will need to make that determination based on the results of this years planned drill campaign.
What is cooking is the release of the last set of drill results from the 2023 drill campaign. Ken sort of implied that we might get some insight into the possibility for the further substantiation of the existence of a hypothetical high grade zone existing at goldstorm. You can get his exact wording on that potentiality in his presentations. The drill results are imminent. Obviously they will speak for themselves. I however assume ken ogled the drill core before it went to the assayer and that that may and i say may be the basis for his reference to such potential in his presentations.