Golden Hope Mines

Golden Hope Mines Limited is a junior mining company trading on the TSX Venture Exchange under the symbol GNH and on the Pink Sheets in the U.S. under the symbol GOLHF.

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Re: Short-term 100MT

Golden Hope Mines

about 14 years ago

in response to semismart's message

The drillers can do 70-80 metres per 12-hour shift, or about 150 metres/day.

I wouldn't be able to estimate how many more holes they need to demonstrate an inferred tonnage of 100 million tonnes, but even though it is a relatively aggressive target, I think it's achievable this calendar year, with funds already in the treasury.

One key variable, obviously, is that the grade of the strike extensions is also similar to that already found in the Timmins/Ascot zone.

Lar