Replies to post #147333 on Sarissa Resources Inc (SRSR)

[es1]

It has returned and should remain.
And I have an idea why but ....


To answer your other questions ...

Sarissa’s management has maintained the focus on preparing the project for an early mineral resource estimate. Efforts to relocate the 1955-56 Imperial grid have significantly narrowed uncertainties. Data generated by topographic surveying and specific gravity measurements will also support a future resource estimate. Issues with down hole directional surveys have been resolved and confirm minimal deviation can be expected. Existing drill logs lack observations regarding the local controls on mineralization.
Sarissa’s QA/QC programme is deficient. Fortunately coarse rejects are available for reanalysis.
Sarissa has established agreements with two area First Nations one of which reports “values” on the property. The company will also need to consider contacts with others active in the area.


1.15 Recommendations
Sarissa should continue to focus on a future resource estimation. Phase 1 focuses on work to develop a resource. Phase 2 looks at exploration to increase the resource.
The first priority is confirmation of the 1955-56 grid location by confirming the locations of four holes in which casing is reported to remain. The second verification of Sarissa under a complete QA/QC regime. Additional observations of drill core and Specific Gravity measurements are required.
Phase 2 aims to assess the entire complex through registration of historic data to a current base, completion of a detailed high resolution magnetic gradient survey and trenching in the SE zone to better understand alteration, structure and lithology. Mapping of known outcrops may also be beneficial.
As part of Phase 2 Sarissa should ensure that all operations meet or exceed environmental protection standards. The company should also engage with other area users to minimize annoyance and to understand their concerns.
1.15.1 Budget
Phase 1 is budgeted at $35,000 plus the cost of a mineral resource estimate. Phase 2 is contingent on the mineral resource estimate and has proposed budget of $86,000.

Only red flags I see but they are only pink really. nothing major. The budget is 35K but you can count on an over run for sure and that also would depend on what RPA wants done.

IMO Wont happen until after the listing though so it can be used to increase the base price of the new stock.