There has always been a shallow resource at CP. THX never bothered drilling it because it has been drilled historically and they knew it was there. The original drilling was meant to test CP to depths previously undrilled, hence the drilling 120m and deeper. There has always been gold from surface to ~100m. I assume they will twin the historical holes within that surface to ~100m area to prove up a new JORC.
They need to develop a small open cut plan to generate cash flow then move this underground ASAP, do a deal with doray on their plant ~40kms away and get an experienced small operational mining team in there. It's not that hard management, come on!! We've got some gold, lets get on with it.
SS
Ann: Crown Prince - New Gold Hits Plus Oxide Potential, page-8
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