Goldy, with all due respect fine sir, with one rig running they only need JA and one or two others, max. For 6 geos I would expect a minimum of 5 rigs working, because unless they are all fully cored holes one geo should be able to cover 2 rigs, one Geo to do the planning and maybe one to do the modelling (geological of course). The rest to supervise the rigs (1) and JA to steer the ship. Doesn't really matter so long as we get our JORC I guess.
On another note have there been any whispers about the met work? This is one pretty important piece of the puzzle as silver ores are notorious for being difficult to process.
With such a shallow ore body they will almost certainly start out with an open pit operation then head underground if the ore continues at depth or out along strike. It may be potentially difficult to mine such small lodes with open cut equipment but that will all come out in the PFS when we get there.
IVR Price at posting:
17.6¢ Sentiment: LT Buy Disclosure: Held
