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Replies to post #14909 on RemSleep Holdings Inc (RMSL)
TinkerBelle
04/26/13 1:56 AM
#14911 RE: Funaboard #14909
An aggressive exploration program is also underway to add substantially to the existing resource base at Bibiani, with recent drilling returning spectacular high-grade results from near mine targets.
“The Bibiani North is basically to ensure we keep our prospecting Licenses in good standing, and obviously there is a lot of history around Bibiani North as well. It’s an old mine from 1907-1908 period, that has had no real modern exploration done on it. We’ve in field drilled that and it is a requirement to keep the tenure in good standing, but some excellent results from that, and certainly higher grades than we expected there, but historically it was a high grade underground mine.”
From NOBLE Re: Bibiani North PL
The Bibiani North conversion from a Prospecting License (PL) to a Mining License (ML) is in progress-with preliminary resource modeling and optimizations completed. The conversion is expected to be completed in the March 2013 quarter.