big hill keeps getting bigger

Excerpts from the Wednesday's announcement that I think are great:

"Step out drilling has now demonstrated that significant tungsten mineralisation continues along strike, extending the deposit to the east by more than 500 metres."

ITS getting wider

"Recent success in preliminary x-ray sorting testwork suggests a potential for the bulk mining and processing of the entire mineralised sequence. Material of low tungsten concentration can be significantly pre-concentrated ahead of milling and beneficiation."

It looks like it could all be easily treated

"With continued drilling, the project could emerge as a world-class deposit in terms of scale, building on its already favourable geometry and processing characteristics.
The objective of the recent drilling programs however, has been to delineate sufficient material to support an initial operational life of five to six years. The board is of the view that over-capitalisation on up-front drilling is not appropriate for thinly traded and price volatile
commodities such as tungsten."

More drilling might make this World Class, but they wont waste money overcapitalising.

JORC and pre-feasibility study to follow then maybe ? in 2010 ?
Small recovery in Tungsten Conc price ( At least they dont talk about APT prices)

Good year for HAZ coming up IMO

DYOR