Drilling is expected to be completed in 2011 and will culminate with an updated resource estimate on the Radio Hill historical resource*. The contract allows for a second rig to be added as needed.
According to the historical feasibility study, the Radio Hill project has indicated a 3.5 concentration ratio which would produce a concentrate grade of between 66% and 68%.
Rogue Resources CEO Steve de Jong said the firm is well financed for the drill programme and is working out with consultants to outline an aggressive exploration and resource definition campaign to bring the project to the next level.
The drilling is expected to be completed in 2011.
