SGQ 6.25% 2.6¢ st george mining limited

Just a quick comment Kip, I imagine because of the Canadian...

  1. 1,195 Posts.
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    Just a quick comment Kip,

    I imagine because of the Canadian fiasco, the scoping study results will now be way down the track. it will not be much good to help for raising funds towards an early open-cut operation in the first half of the year. We have to prove some real tonnage to excite the market. Judging from the distribution of holes shown on the sketch maps in the periodic releases,10,000m will not go far if we now have to infill drill test on a grid or regular pattern along the 4 kms. of the. central part of the Cathedral Belt in order to add to the JORC calculation. Unless of course, we snag a 300 to 500 m strike of solid massive sulphides over say a 5m thickness at open-cut depths. This will not leave much metreage for drilling deep holes. Just saying! I hope I'm wrong in my assumptions and that they would have taken that into consideration.

    Cheers again,
    Helmenesh.
 
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