InvestorsHub Logo

Refill

09/08/17 10:27 AM

#160202 RE: es1 #160200

They will drill twin several holes in D-zone this fall in order to complete a preliminary economic assessment within the next 12 months. Obviously a new 40 hole program will take much longer to get a PEA, IMO

Newbie_Niobium

09/08/17 10:36 AM

#160204 RE: es1 #160200

This drill program is being completed under the direction of Patrick Chance M.Sc., P.Eng.



Since Chance is running the drill program I think we should rest assured that this was a required, and logical next step. For me I view this as just another confirmation that previous management did not know how to develop a mine.

Assuming they complete the 40 holes they committed to completing in the coming months their output in months will be 250% that of the previous managements output that took them roughly 10 years.

IMO - Very good news and nice to see progress continues on the potentially asset worth billions! We each turn of the drill we get closer to fully understanding the properties worth.

IMO