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OntaREEo

06/25/08 4:58 PM

#22773 RE: Max Power #22771

Phase 1 - 6-8 holes in Zone D, 10-15 holes in East Zone, approx 20 holes total. With 3 days per hole average (IR said 2-4 days per hole), that is 60 days. If they have one drill, that's two months. With 2 drills, that's one month. I have no idea if they would have one drill or two for Phase 1.

Phase 2 will be lots of holes, 100-200? Starting in September and finishing late October, they would perhaps need 5 drills. The number of holes and drills needed for Phase 2 is more of a guess at this point, don't crucify me, I am only answering TR's question.

lc45

06/25/08 6:04 PM

#22782 RE: Max Power #22771

TR, It seemed like the creator of the Hawk report could have put about three extra sentences in his recommendation section outlining how he saw the need for the drill holes in each area to be proved out. Something in the order of --- we rec X number of holes, at an average depth of (?)feet, for a total of (Y) feet, be drilled in zone d. He had to have done that breakdown to get the total footage, why not publish a general description of that work. That would have done a lot to reduce the guesswork on the board by giving those that are capable of comming up with those estimates some real base points to start from. Costs could then be more accurately projected. GLTA LC