Post by
rollon on Jan 12, 2016 11:23am
Moving along
Lakeshore has recently hired 2 crews for the GAP piece. They hired 4 miners from the outside and transferred 4 from Bell. In addition they will be taking delivery of a 50 Ton truck in the next couple of weeks and a new Jumbo and McLean bolter. They are gearing up! Given the new equipment and manpower things are looking very positive for the resource which we will get news on in the next 2 months.
Comment by
cre8value on Jan 12, 2016 2:25pm
roll - nice. it looks like they have decided to do that bulk sample that I was pushing for here on the board. They will confirm grade and the mining method. This should have some press and excitement looking for a PR with the results. This could really be a real game changer. Tony knows it and is going for it!
Comment by
bossu on Jan 12, 2016 5:47pm
They just have to drill at 5 meters x 5 meters on a 25 meters block and the drilling samples should represent the grade of the block. The mining method should be the same as they have been using for the past years. This bulk sample should be spectacular but they know the results before the test. By the way where are you getting that info.? Thank
Comment by
BrahmaViddo on Jan 12, 2016 5:49pm
They aren't doing a bulk sample! They are ramming this deposit into the mining phase; desperate for production ore. Hope this doesn't turn into a Rubicon Minerals
Comment by
BrahmaViddo on Jan 12, 2016 7:14pm
Last I checked claimaps the claims covering GAP are still classified as staked and have not been brought to lease. So yes, they can only declare "non commercial" production for legal reasons but you can sure bet that the many months long process of bringing claims to a 21 year lease is underway.