Sunday, October 11, 2009

Bedard Dyke

It would be nice if someone was close enough to the Lamaque property to take a glance to see if there are any drill rig movements on the property. CMM recently completed the small $1.1M FT financing. The Bedard Dyke drilling has always been scheduled for the very beginning of the Lamaque Restart Project Plan - minus mth 2 and minus mth 1 time periods prior to start up mth. In other words, before the large project financing deal actually closes.

As such, we are in the exact (planned) timeframe for Bedard Dyke drilling. Furthermore, there is a rumour that the drilling has actually started. If it has then it would be exactly in line with the plan. Century did say in the Sept. 15'09 NR that they planned to immediately begin work on the restart of Lamaque. Maybe this is one indication that they were serious about that statement.

It's going to be nearly impossible for any of us to confirm it in person though, even if someone can view that area of the Lamaque property from the street. The reason I say this is I imagine that the drill rig will be drilling heavily from within the pit itself. Currently, the Bedard ore that can give us the quickest access is in the pit walls (Century has actually successfully mined some of that Bedard pit wall ore before). The drill rig might be on the surface sometimes too, but they will likely position the drill rig deep within the pit as I think that best allows them to drill all angles of the Bedard Dyke, including the deepest areas.

As a result, the drill rig will likely be hidden from road view, being located deep in the pits and all. Nevertheless, it still might be worth a drive by if anyone lives relatively close to the Val d'Or area. The rumour is likely true, as it fits perfectly into the Restart Project Plan. However, as with any rumour, it could be just nonsense. On site confirmation would improve the chances of it being true.

3 comments:

rick said...

century have to pay us back before they do something, now its make more than a year we wait for our money so give me my 6000$ now

Anonymous said...

the drill is on the site. we can see it from the road

urbanski said...

Good site. I like the information. When is century going to pay up the miners? That would be good info.