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Re: Ntouch post# 47894

Thursday, 03/07/2024 6:41:09 PM

Thursday, March 07, 2024 6:41:09 PM

Post# of 48936
You know you have to pay for the drilling, eh? Assuming they're not getting it for free.

Say they're drilling double-shift (24/7) and getting 50m per shift or 100m per day.
At around $225 per meter all inclusive (drill contractor cost, mob/demob, fuel, supplies, consumables, transportation, accommodations, meals, core boxes, labour - geo & geotech, plus assays), that'll be around $22,500 per day. A week and you're likely more than $150,000. Plus Timbits, of course.
How much cash do you figure these guys have available for this program, Touchy...?