Post by
Cognition777 on Nov 04, 2021 11:27am
Conf Call
would not commit to higher production 2022, but did hint that they are seeing upside with the softer ore in Gibraltar pit.
looking for opportunities to collar prices beyond Q2 2022 when it looks cost effective to do so.
no effort for back-up plans with Yellowhead in case Florence is stalled or stopped... confident it will go through and continue to progress with lead time items to mitigate possible inflationary and supply chain issues.
Comment by
Cognition777 on Nov 04, 2021 11:28am
current deposit numbers are based on sub $3 copper prices, working to increase reserves under a more robust long term copper price. not a whole lot said about new drilling although that is taking place to some extent. was a little vague on that point...
Comment by
nofluff on Nov 04, 2021 11:38am
I do not remember any drilling comment. A miner always drills the benches as they go down for more accuracy. They did not mention any excitement on the deep mag survey. Simply old drilling showed some of the known reserves could b brought into resource. Not a lot of excitement for gib expansion. Flor final permit will not happen until feb is my guess. Nf