These guys know how to get things done ! Drilling program to start imminently which will help to model up a Jorc resource .
.Greenvale Managing Director, Neil Biddle, said: “We’re very pleased that our commercialisation strategy for this unique deposit is now rapidly taking shape, with a multi-pronged fieldwork program underway that will underpin all the key components required to deliver the first-ever economic study on the deposit by mid-2021.“The multi-stage drilling and bulk sampling program will deliver all the data we require to calculate a JORC Resource and Reserve, verify our geological and structural models, obtain geotechnical data for pit design and extract samples for pilot-plant test- work and determination of product specifications. The initial pilot-scale retort testing program will begin later this month once bulk samples are received.“In parallel with these activities, we have already started the process of engaging with potential off-take partners, customers and strategic investors while also evaluating the various target markets for our products. While the bitumen market is the most tangible and immediate opportunity, there are other exciting avenues also opening up for us.“Shareholders can look forward to regular updates on the progress of our work programs, as well as updates on customer engagement, potential off-take agreements and strategic marketing arrangements. This is an exciting time for Greenvale.”
Boom time soon IMO . Glta ...
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