Gotta love Gremi - 'from 3m' depth. Not much earth to move there. This is all sounding really good...
"We continue to be excited by the results coming from our drilling program as it is confirming our belief of developing opportunities to mine higher grade zones early. Even more importantly, as we include this new information into our resource model, our understanding of these higher grade zones is improving. As we complete the Feasibility in October, we will be utilizing this data in our mine planning efforts."
"China Non Ferrous Foreign Engineering (NFC) continues to work on developing a lump sum pricing for development of the Yandera Project, which will be presented to Marengo towards the end of the December 2012", he added.
Not to sound too optimistic but they might finally get the DFS out by the end of the year and hopefully have financing sorted by early next year. Might have to scrap the '3 days' rule?
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Ann: High Grade Copper Results at Yandera , page-3
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