"The Company has purchased two bazooka style diamond drills which are ideally suited for drilling small diameter core holes in confined spaces. The rigs and associated equipment arrived in Ecuador during January 2011 and will commence drilling operations from the underground workings in February 2011, targeting the near mine vein extensions. The Company is currently constructing an exploration camp at the Papercorp mine site, which will accommodate drilling crews, geologists and field assistants, and office facilities for the management of the resource definition drilling."
Independant consultants reckon old workings suggest there could be 1mil oz+ @ 10-12g/t so I look forward to some good JORC-able results flowing soon...
EVG Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
