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Thursday, May 21, 2009 11:04:20 AM
It wasn't until Jan 13th that they finally received and released the lab results on the first hole. They then proceed to finish up drilling the 9 holes in the D zone and send them to the lab for testing. On April 22 they released a PR that stated that all 9 holes had been drilled and the results were back from the lab. Since that time they have submitted all the data to an independent geologist who is writing up the NI report.
The geologist may also be incorporating historical information. In 1987 R.P Sage, working for the Ontario Ministry of Northern Development and Mines, released a 146 page report on the Nemegosenda property. There is also 440 pages of original drill logs from the Gulf Dominion company that are from the late 50's. The task of going over 586 pages of historical information and the current drilling results is no small task. People need to realize that writing up a NI-43-101 report is a huge task and cant be slapped together in a week or two.
I really encourage everyone that is new to this company to spend several hours going over the past history of the Nemegosenda property and SRSR. After spending some time doing your research you will realize why so many are excited on this board. Many people on this board have done alot of great DD which makes getting up to speed on the company much easier. The ibox and http://www.sarissaresources.com/pages/projects/nemegosenda.phpcontain a great wealth of information.
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