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YankeeAce

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Alias Born 06/07/2005

YankeeAce

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Tuesday, 12/06/2005 3:25:01 PM

Tuesday, December 06, 2005 3:25:01 PM

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Dewatering Status: We are at 151 feet, please disregard any of my previous posts about dewatering depths. Not as far along as I had hoped but it looks like this marks the completion of the testing at this level (112 and 120 feet). I believe I drastically overestimated the ammount of dewatering required in the areas labelled as Stope on the diagram. These are large open areas that were previously mined. If these are full of water then it will take quite a bit of time to get to the target levels. The real value of this property does not begin until the 424 foot level and below. That is when the results will begin to roll in.
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