Followers | 141 |
Posts | 5891 |
Boards Moderated | 0 |
Alias Born | 10/27/2003 |
Tuesday, August 29, 2017 9:19:02 AM
The Company’s fundamental goal during the next 12-24 months is to determine if Pardo contains gold resources of sufficient quality and quantity to become a mine.
Proposed 2017 Exploration and Development Program:
1. 1,500 meter (m) winter drill program at a cost of $141,000 (completed).
2. 3,500 m summer/fall drill program (starting in Q3): Approximately 130 diamond drill holes are planned for the summer/fall drill program that will focus on extending a 50 m by 50 m grid of drill holes at an estimated cost of $560,000.
3. Bulk sampling of up to 1,000 tonnes of material (in Q3 or Q4): A permit is in place to remove 1,000 tonnes of material from the property for metallurgical testing. The planned bulk sampling is estimated to cost $250,000.
4. By the end of 2017, we expect to engage a third party engineering firm to prepare a National Instrument 43-101 mineral resource estimate on Pardo. This is estimated to cost $60,000.
5. Prospecting and evaluation of other mineral prospects: This is estimated to cost $50,000.
The Company has spent approximately $470,000 towards the 2017 Exploration and Development Program.
https://static1.squarespace.com/static/56d987d21bbee076a4c0be7f/t/599edb6cebbd1a75971e3e14/1503583084270/MD%26A-2017-06-30.pdf
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM