Very proud to join my former colleague from Great Bear days as a board member of his amazing Foundation helping kids in his local area of BC have opportunities to participate in local community programs and sports.
https://t.co/5hlTskQsjy
@WitteWitte30@5up3r_m4r10@Mining_Americas With CdO now with the main Federal permit it would probably be easier to increase the debt facility of say they wanted another $10m to advance things more rapidly as part of that overlap. I don’t believe CdO was part of the initial bank security but could be wrong. 2/2
@WitteWitte30@5up3r_m4r10@Mining_Americas Won’t be the first time Mario and I have disagreed. All will depend on their sequencing and overlap. I don’t expect huge overlap of builds however. Key will be getting Copperstone going but doesn’t mean minor stuff can’t be done at GR and CdO. 1/2
@WitteWitte30@EconomicAlpha The historic pit was 500,000 oz mined at 2.5 g/t + back in the late 80s early 90s iirc. So with any kinda reasonable modern day cut off there should be a lot of material that could fall within a push back of the pit. Kind of wonder what was left in the tails too.
@5up3r_m4r10@jtourzan@JohnRil72446144 Imagine the situation was harder to gauge in January and easier to assess with the balance sheet and the announced credit facility probably opens up options that were different at the beginning of the year.
@jtourzan@JohnRil72446144 I don’t know their plan but if you are talking Gold Rock then I would imagine their plan is to build pads and ponds there and the only thing they would truck is the loaded carbon to the Pan ADR. You don’t truck 0.5 g/t rock 7km but you can truck loaded carbon easily over distance