To be re-instated and to again be open for trades. If that happened about Sept 15, then we might see re-instatement about October 15.
Would be nice to have another Recent Corporate Developements NR, like they did last year on resumption of trading, including the results, if any, from the Wire Claim drilling work, if it was done.
A circular target under a lake on the Wire Claims having a diameter of 250 meters has a radius of 125 meters and a surface area of 4.9 hectares, or about 12.10 acres ( versus my earlier 16 hectare estimate where a square outline measuring 250 x 250 mts was erroneously calculated). A nice size for a possible kimberlite. And it was reported that that was one of three possible targets....
I note from GGL that they have a claim (Awry Lake claims) some kms roughly NE of Wire with a signature of 1 km x 1 km (under a lake as well). They drilled and abandoned the hole with poor results due bit shifting when trying to drill through blocky rubble in the overburden. The bit apparently would slide along the blocks without sampling block material. Might have to do with a small drill size and too much flexing. Thing is, the depth and amount of overburden appeared very similar to Drybones #1 kimberlite. De Beers was financing the drilling and backed out of the claims, saying the target was too big, letting GGL pick up the claims.
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