Post by
Timeandmoney on Jun 07, 2024 2:29pm
Historical Drill Results
Doug,
As per the recent threads on the subject of the total drilling distance that has been completed on the Ishkoday to date, can you please let the group know how much of the total distance can be used in the production of a current 43-101 report.
I am no expert and don't want to speculate about what I think are the regulatory facts.
I recall reading somewhere that there may be a time limit on using drill results from the past. They essentially become stale dated and cannot be used as data to support any form of current regulator approved reports.
I note that LME has been doing some work on old drill holes and suspect that may have something to do with bringing their historical data up to current regulatory standards or the data they update is being used to enrich the integrity / quality of their computer models. Maybe work on the old holes achieves both of these items?
I look forward to your response.
Time and Money - An LME long.
Comment by
DouglasGVass on Jun 07, 2024 6:10pm
Approx. 82,299 meters and 428 diamond drill holes have been drilled since Cynthia started. Also over 25,000 channel samples have been collected. All of this data is used in the 43-101 technical report of merit. LME does not have any drill cores from the drilling done in 80's and 90's so this data cannot be used in the 43-101 report.
Comment by
Nuggetz on Jun 08, 2024 12:31am
Doug do the buyers have the results from the 80's and 90's drilling program ?