Question for anyone... Have they revised their phase I exploration program? They said they would have the balance of this completed by the end of 2011 and now it looks like it will be the end of 2012? Am I looking at this wrong?
Phase I Exploration Program
The Company plans to commence phase I of its exploration program on the New York Canyon Project in July, 2011. The exploration program will involve the following:
Re-assaying the 2006 drill program Longshot Ridge drill pulps, duplicate samples, blank samples and standards by an independent ISO 17025 certifiable laboratory to determine proper quality assured copper values for these samples.
Revise Longshot Ridge resource estimate incorporating the additional information from the re-assayed values of the 2006 drill and systematic road cut samples.
Apply for permits to drill on and around the Longshot Ridge and adjacent copper oxide targets.
Apply for permits to drill the Copper Queen and Champion target areas.
Assess potentials of copper oxide systems similar to the Longshot Ridge at the nearby Power Line and Buffington mine workings.
Initiate further work on metallurgical testing and environmental base line studies for the Longshot Ridge deposit.
PR from August 16, 2011
The balance of the Phase One work programme (see news release dated July 18, 2011) is expected to be completed by the end of 2011.
PR from March 12, 2012 - Proposed Drill Program on Longshot Ridge
In late 2012, Canyon plans to drill test oxide mineralization that was identified to the north and northeast of the Longshot Ridge deposit. Two other areas of oxide copper occur in the north central part of the claims, the Buffington Springs and the Powerline Showings.
Proposed Drill Program on Moonlight Property
The drill program is planned for early summer 2012.
