Originally posted by ryan1000000
Team,
I checked with the Ontario Ministry of Energy, Northern Developments and Mines to see if a drilling/exploration permit had been lodged for Joyce as it was not showing on the web page. They responded (as seen below) confirming that yes the permit had been applied for. I will email the contact below to see what else I can find out.
This means that once the permit is approved drilling is permissible. These permits are open for a long period of time and MEI has other permits open (as also can be seen below) but as BMR are drilling Iron Mask, which was previously next cab of the rank, my money is on Joyce being next. I would also like to mention that, it has dumped some snow in the region and the ground will have hardened to allow access.
https://www.mndm.gov.on.ca/en/news/mines-and-minerals/exploration-plans-and-permits-table
(filter Claimholder/ Titulaires du claim for "Meteoric")
I expect that there is at least 1 million tonne of cobalt reserve to be unearthed at Joyce. This being the case, the share price will be $1.00 by Christmas. Ho ho ho Cobalt Christmas, blue Santa and red Ferrari.
I would expect an announcement within the fortnight, imagine if they find a few hundred truck loads of gold....
Will they mobilise to site, drill, and get lab results back in that time frame going into winter?
