EQE 0.00% 5.0¢ equus mining limited

Ann: Agreement Executed to Explore and Acquire Cerro Bayo Project, page-16

  1. 4,369 Posts.
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    We visited Los Domos, but not Cerro Diablo, but the game right now is Cerro Bayo there are about 40,000oz (another 170,000oz under the lake to be left there indefinitely or until mining there can be done safely with remote control gear) there ready to take so finding another 200,000oz is the plan and then hopefully hit the button on the startup. The mill is in excellent condition they were running the ball mills while we were there as part of their fortnightly care and maintenance program on that part of the operation.
    I’ll be adding to my holding as I’ve been continuing to do as cash becomes available. I’m more than happy with JB’s experience in that part of the world and the BOD is pretty motivated. It won’t fail for lack of effort, so what more can I ask.
    Ian the biggest take home message was the dogs breakfast job on new exploratory work over the last 12 years. Who pays for Air Mag surveys then doesn’t look at the data? Who pays for a comprehensive consultants report 248 pages long and then doesn’t do what was recommended?
    Yes I am comfortable.
 
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