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The transfromation ofthe mine was amazing when we got the new pics showing this expansion a couple months ago. In a posted email by CEO prior to this mention was made that just 1 300meter long by 100 meter wide section of the Coloso vein could be mined for a long time-we dont have drill results of 4 new drill holes on Coloso vein yet-but they were much deeper than previous drill holes-up to a mention of 500'-not saying it went that deep.
But these pics show removal of overburden from 5 sections of the Coloso vein-each section a min of 300 meters I think it was stated-and some sections are longer. So I started wondering why remove overburden-a large task -from such a long scsection-when it will take a lot more equipment to mine these 5 sections all at once,even w the recent additionof the cat 365 and 375 excavators-which have 4-6 times the bucket capacity of the original 4 excavators(still working).
Logic would indicate they intend on mining all those sections within the reasonable future-for a startup wouldnt waste precious rsources executing such a large task if they werent going to mine those sections within a reaonable time.
And this expansion coincided not just w obtaining the previous 68 drill hole reports but also w multiple visits by Pres of Baosteel -1st pics of such were stamped Sept 19 and then by apparent vice chair of parent Baosteel China-whom I imagine doesnt leave China except for JV or buyout signings. Certainly Pres of Bao Brasil-sub of Bao China would have authorization for a long term contract-doesnt take multiple visits just for that-though there are no guarantees.
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