ChirpyCheep16 Jan 2018 16:43
Thank you :)
Not to worry, piddly volumes won't matter when the 50,000 meter drilling campaign begins!
Before that we will hear back regarding the along-strike extensional drilling (3,760m at Klondyke, Fieldings Gully and Copenhagen prospects) with results due in the next month or two. They are going down to 400m at Klondyke!
Then Q2 more drilling is planned along strike of the published resources with "the aim of increasing the resource base to in excess of one million ounces".
At the same time they are going after potential higher grade grade satellite deposits, located nearby that could feed into the overall annual production scenario we will see in 2019. CNR has this option with their multiple satellite deposits boosting La India production potential.
Resource upgrade before the end of the year, likely to be far in excess of 1 million ounces given the 50,000 meters of drilling planned.