silver play in the starting blocks., page-5

re: black gold/silver play in the starting blocks. Questions you posed:
(1) How long will their drilling program take?

Three to four weeks and depending on some results the possibilty of a two week extension to the program.
Either way, drilling is to start at Conrad by the middle of March and it is being done by the same drilling contractor.

(2) When Can we expect first results?

Results of assay etc. could take some time, definitely no later than the end of this quarter....but they will be released as they come to hand.

(3) Whats a break-even grade to make mining worth while?

With the rising A$ against the falling Greenback, it's probably easier to stick to the Oz Dollar for your purposes, and anywhere between A$8/9 is ok.
At the time of the initial report, the figures being worked on were against $US4:50 per ounce when our dollar was trading in the low US$0:50s.