If i was them i would start some underground mining (not high grading) and transport ore to a processing facility near by (this was mentioned in their release as an option when they first secured the option for the project). Use the cash generated from mining to double the drill rigs underground and develop drives in ore for heaps of drilling, testing all possible extensions to the existing ore body, especially at depth. Also at the same time cost an onsite pressing facility (which they are probably doing in their present study). I would apply for an open pit permit, nothing lost if it is granted however I'm not sure they would get it. I'd also be picking up more exploration property within a 50 km radius of this project to add potential ounces going forward. I'd also be conducting due diligence on who owns the processing near by ……………...
MTC Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
