President, CEO & Director Eric LeBouef has provided an answer to your question QuebecAu :
Since croinor has already produced, we have 90% of the permits already in our hands. Our goal is to start extracting 40,000 year and build on that, up to 100,000oz/year (some people tell me).
New zones were discovered in the last exploration, we have more than the 289,900, we cant put out a number yet but it is more (we have to wait for a new 43-101.
Engineering firm will be hired within 1 month (waiting for maps, and technicals from Innovexplo).
We will then know what will be the best mining scenario with the ramp and then start the production.
Taking advantage of these gold prices is a must, November would be a conservative date to start mining, our objective is ASAP, hopefully we start in august, but i'd rather be conservative to manage expectations.
We will do this the right way, meaning We want to get the maximum profit for our investment, we are going to be prepared and thus rewarded.
2 members recommend this.
President & CEO Eric LeBoeuf Talks About Developments at the 289,890oz Croinor Gold Project
