19 Oct 2010drilling result▲ Good
New high-grade intercepts from the 9X target area, several outside the known F2 system; a 27,000 m underground delineation programme had been launched a week earlier.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
28 May 2010drilling result▲ GoodMajor
Hole 305-05, the first test from the underground 305 m level across the F2 core zone, returned 1.24 oz/ton gold over 22.5 feet; drifting to reach the core zone began.
17 May 2010drilling result▲ Good
Further intercepts including 0.53 oz/ton gold over 18.0 feet.
13 Apr 2010drilling result▲ Good
More high-grade results from the central and northern F2 area, with seven rigs turning.
15 Mar 2010drilling result▲ Good
A hit 300 m below the recent 122-40 intercept, with the company saying its level-plan interpretation showed a large system with geological continuity. Continuity is precisely the property the 2016 remodelling found the deposit did not have.
4 Feb 2010drilling result▲ Good
New intercepts at 1,328 m vertical depth in the F2 main core area.
23 Nov 2009drilling result▲ Good
Further expansion of F2, with 91,100 m drilled since the February 2008 discovery.
17 Nov 2009drilling progress report▲ GoodMajor
Outlined a C$60m Phase II programme for 2010, expanding the 9X exploration drilling and adding delineation drilling.
26 Oct 2009drilling result▲ Good
More expansion of the F2 system, with 83,500 m of drilling completed to date.
19 Oct 2009resource reserve update● Neutral
An amended version of the October 2009 technical report, filed five days later.
14 Oct 2009resource reserve update● Neutral
Technical report on the Phoenix exploration work by Robert Thomas and Watt Griffis and McOuat, filed October 2009. No resource estimate yet - the first one is fourteen months away.
15 Sept 2009drilling result▲ Good
Hole 122-10, collared underground, returned 0.83 oz/ton gold over 59.0 feet with sections of 3.25 and 3.82 oz/ton - a wide intercept rather than the narrow veins reported until then.
2 Sept 2009drilling result▲ Good
Five rigs turning, three on surface and two underground on the 122 m level.
27 July 2009drilling result▲ Good
Shaft extension under way and property-wide drilling expanded by up to 20,000 m to test other Phoenix targets.
11 June 2009drilling result▲ Good
Started underground drilling at F2, and a lower-grade hit 1,437 m below surface pointed to more depth potential.
28 Apr 2009drilling result▲ Good
Ice-based drilling returned wide zones including 0.36 oz/ton gold over 98.4 feet alongside the usual narrow high-grade hits.
1 Apr 2009drilling progress report▲ GoodMajor
The board approved an expanded 12-month, C$25m programme of at least 80,000 m of drilling, testing an area six times the size of the F2 core zone.
25 Mar 2009drilling result▲ Good
Continued high-grade results at F2: 68.8 g/t over 4.0 m including 368.9 g/t over 0.5 m.
4 Mar 2009drilling progress report▲ GoodMajor
Received the permits to start underground advanced exploration under the approved closure plan, with shaft dewatering and rehabilitation due to finish by the end of March. The move from drilling to physical underground access.
11 Feb 2009drilling result▲ Good
New high-grade gold north-east of the known zone, including 173.7 g/t over 2.5 m.
23 Jan 2009resource reserve update● Neutral
Qualified person's consent for the November 2008 technical report on the Phoenix exploration work.
20 Jan 2009drilling result▲ Good
A new broad gold zone extended F2 to 580 m laterally by 1,101 m vertically.
17 Dec 2008drilling result▲ Good
Step-out drilling from barge and land, and a 2009 programme of at least 120,000 feet of surface and underground drilling.
6 Nov 2008drilling result▲ Good
Hit gold 1,101 m below surface, 237 m vertically below the previous deepest intercept - the first sign that the system runs far deeper than the initial discovery holes.
23 Oct 2008drilling result▲ Good
Step-out drilling extended the F2 system laterally and at depth, with 41.9 g/t gold over 2.2 m.
23 June 2008drilling result▲ Good
121.7 g/t gold over 1.0 m and broad zones including 6.9 g/t over 7.0 m, and scoping work for an underground exploration programme was accelerated.
5 May 2008drilling result▲ Good
Further F2 results of 52.6 g/t over 7.4 m and 73.2 g/t over 3.0 m.
15 Apr 2008drilling result▲ GoodMajor
F2 kept getting better: 42.4 g/t gold over 11.0 m in hole F2-08, and additional assays widened hole F2-07's intercept to 24.4 g/t over 17.0 m.
31 Mar 2008drilling result▲ GoodMajor
Rush assays from the new F2 zone returned 36.50 g/t gold over 8.1 m.
31 Mar 2008drilling result▲ GoodMajor
Discovered a new gold zone at Phoenix with 283 g/t over 1.0 m, 34.6 g/t over 2.0 m and 36.0 g/t over 1.0 m. This is the F2 discovery, dated by the company's later reports to 27 February 2008 - everything that follows for the next eight years comes from it.