Mr.Young said that pit optimization is expected in mid summer- so perhaps end of July.
Why are you so sure that new resource/reserve-calculation will give us 3 more mining years?
This year THR drilled only 25 holes at Molyhil- most of them but not all were successful. It seems to be very difficult to ascertain grade of mineralisation. DFS is based on 44 months of mining, I would be happy if we can extend this to lets say 54 months and an option to a half year underground pit.
And concerning U-exploration this successful rock-sampling was at Harts Range and not at Hale River where drilling is underway now. At Hale River THR has data from own survey and from historical Alcoa-drilling.
THR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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