From Aug 11 PR -Will they reach C beds by Sept 30-
Post# of 168
Posted On: 09/24/2014 7:20:32 PM
From Aug 11 PR -Will they reach C beds by Sept 30-they may if only 812 feet more as of Aug 8 -but what about the 7500- 5622= 1878 feet more
at pace they've taken 1878 feet seems unlikely before sept 30 -what is the explanation for the differing figures?
As of August 8, 2014, the Company has completed 5,622 feet of development against 7,500 feet of planned development. The east decline is approximately 812 feet from the mineralized area of the North C Bed orebody. The project remains on schedule and within budget for development of the North C Beds before the end of this quarter with re-start of the mill and limited commercial production anticipated in the fourth quarter of this year.
From the North C Beds, an additional 5,900 feet of single decline is required to access the I Beds. If development continues as planned, it is estimated that full production may resume by mid-2015
at pace they've taken 1878 feet seems unlikely before sept 30 -what is the explanation for the differing figures?
As of August 8, 2014, the Company has completed 5,622 feet of development against 7,500 feet of planned development. The east decline is approximately 812 feet from the mineralized area of the North C Bed orebody. The project remains on schedule and within budget for development of the North C Beds before the end of this quarter with re-start of the mill and limited commercial production anticipated in the fourth quarter of this year.
From the North C Beds, an additional 5,900 feet of single decline is required to access the I Beds. If development continues as planned, it is estimated that full production may resume by mid-2015
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