come on fellas.., page-9

Here's the other one from MD. These were posted in March. With the connection of the two deposits, I would think they mine Current Lake as open pit, then use that as the start of the decline to underground mining, thus saving a fair amount of tunneling.

About half the mineralization found so far occurs under Current Lake. At this stage we believe the best approach to extracting the mineralization in this area is by open-cut methods, although this has not yet been subject to a mining study. At this stage, constructing a cofferdam to isolate the northern part of the lake and draining the southern part of the lake appears to be the best option for developing an open-pit. This is a relatively simple engineering exercise which has been undertaken at several mines in Canada. Gaining environmental approval for such an undertaking will no doubt be a challenge, as it was for the other Canadian miners who have adopted this approach. However, at this stage, we have no reason to believe we can’t achieve this outcome if we follow the appropriate environmental permitting procedures.


I hope this answers your questions.

Regards


Keith Watkins

Managing Director

Magma Metals Limited