NI 43-101 Compliant Technical Report
694,700 Ounces Of Gold At A Cut Off Grade Of 2.0 G Gold Per Tonne
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Ontex Resources Limited > Message
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Re: Cash and Drill ?

Posted by: AUDE on January 24, 2008 09:54AM

In response to: Cash and Drill ? by ArizonaRanger

 --- with approx. $4million + on deposit, Ontex has sufficient capital to complete an 18,000 metre drilling program. (18,000 x approx. $115./ metre = approx. $2.1 million. Costs per metre are subject (+)or (-)

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Armen Chilian
V.P. Exploration
August 12, 2008

V.P. Exploration Dicusscus Current 8000 m Drill Program

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