Prescient presentation - Petmin
Prescient presentation - Petmin
Prescient presentation - Petmin
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
NAIC<br />
40<br />
Invested<br />
USD1.5m –<br />
Oct 2010<br />
Initial Start-up<br />
and River<br />
Drilling Nov ‘10<br />
Initial<br />
Aeromags –<br />
Jan ‘11<br />
Land Targets<br />
Drilling – Feb<br />
– April ’11<br />
(1376m’s<br />
drilled)<br />
Initial<br />
Laboratory<br />
Data – Mar to<br />
July<br />
Aeromags<br />
over full<br />
property<br />
Samples<br />
Results<br />
audited –<br />
July/August<br />
Indicated<br />
Drilling – July<br />
to October<br />
2011<br />
(2856m’s<br />
drilled)<br />
Engage<br />
laboratory to<br />
redo all<br />
Phase 1<br />
samples –<br />
Sept - current<br />
Order Pilot<br />
Plant –<br />
November<br />
2011<br />
Timeline<br />
Obtain all<br />
results from<br />
Phase 1<br />
drilling –<br />
declare a<br />
maiden<br />
resource –<br />
Jan 2012<br />
Engage<br />
Tenova<br />
(should<br />
budget allow)<br />
– to carry out<br />
PFS on Iron<br />
Smelting<br />
Install and<br />
Commission<br />
Pilot Plant –<br />
Jan – Feb<br />
2012<br />
Maiden<br />
Resource<br />
Statement<br />
– Jan 2012<br />
Processing of<br />
concentrate –<br />
Feb-Mar<br />
2012<br />
Melt Test –<br />
Mar – Jun<br />
2012<br />
Processing of<br />
Phase 2<br />
samples<br />
complete –<br />
Mar 2012<br />
OCT 2010 JULY 2011 JAN 2012 JUN 2012<br />
Signed off<br />
NI 43101 by<br />
June 2012<br />
PFS/BFS to<br />
begin – July<br />
2012<br />
…Committed …A PLATFORM to growth, FOR dedicated GROWTH to value
Change language