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Property NewsAugust 2, 2006 At the South Arturo deposit, the planned 2006 drill program was completed in the first half of the year. The scope of the project has been expanded and the original exploration budget has been increased. Four drill rigs continue to drill targets with the objectives to better define the ore with infill and extensional drilling.
In 2005, exploration highlights include the discovery of the South Arturo zone. Twenty-eight holes were drilled to test this new target and all holes intersected oxide mineralization. Preliminary metallurgical results are favorable.
Follow-up drilling will resume early in 2006 and will include in-fill and extension holes. June 30, 2005 The company believed that its final reclamation should be completed by the end of 2005, with
on-going monitoring requirements thereafter. September 30, 2003 The work continued on dewatering the #1 tailings pond. A turbo mist evaporative sprayer was purchased at the end of Jun/03 to speed up the evaporation process. Reclamation crews focused on dismantling the crushing and conveying system. The Company expects most of the reclamation earthwork at Dee to be completed by the end of 2003 or early in 2004, depending on weather conditions. |
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