All in the latest report on OC, everything scheduled to start in February.
Construction of the actual road, commencing from the Karouni Mill has also commenced.Construction of the remainder of the road is likely to be imminent, with the approval of both the Government and two tenement holders anticipated shortly.Construction of a satellite camp at Ohio Creek will commence in February. Meanwhile, Troy is pleased to report that a diamond drill rig is due on site in February.
The cutback schedule can be found in the latest quarterly: The Company is currently in the final stages of planning a cut-back of the higher-grade Smarts 3 orebody which is scheduled to commence late in Q3, pending Board approval and financing. The Company is envisaging two phases to the cut-back. Phase 1 will focus on the north wall and see mining to an elevation of RL -20. Phase 2 will focus on the south wall and see mining to an elevation of RL -50.Phase 2 requires additional confirmation drilling which will be scheduled late in the third quarter.
Surely they have their hands full of work, I would be glad if you could question the chairman at the conference about progress on all those issues.
TRY Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held