Apollo Gold Corporation (AMEX:AGT) (TSX:APG) ("Apollo Gold" or the "Company") is pleased to announce that the underground core drilling program from the 235 meter level at the Black Fox project near Timmins, Ontario, Canada, started in April 2004.
The previously announced underground drilling program is scheduled to drill 78,000 meters at an estimated cost of US$3,000,000.
235 meters, also has four rigs at once drilling a total of 78,000 meters... Yeah the price may reflect Juk... but they are not coring 150 FEET, in sedimentary and silicic mass.
I say your estimates are slanted. Look at core drillers in AZ. and you wont find any making 3 million or more for coring a sample at 150 ft.... FIND THAT DD, and your the bomb! currently they are paying about 12 bucks a foot, probably canadian at that. LOL</B>
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