TECK Is In!! Teck is in!! I’m hearing Teck made the May 1st deadline, and it appears they have fulfilled their obligations under the contract with Explor. If accurate, they are now in Phase 2 of the exploration process at TPW. I’m hoping for some kind of ‘Operational Update’, over the next few days.
Four holes have been completed at Ogden. Apparently, the rig will now move some 2,000meters to the east of its current location, to drill two more holes to the 600meter level. Optimistically, some of the assays should be done by the end of this week?
The biggest noise is the chatter around Timmins about the Premier’s visit & anticipated announcement about the Kidd mine life extension to 2030+ at the mine site. She will probably speak to the various ways the Government of Ontario will assist the mine with infrastructure moving forward. I’m hearing a new shaft will be constructed 1,400meters from the existing mine shaft.
I’m hoping, in spite of the COMEX pox, that GOLD holds USD$1,300…that can only help our stock price.
