The MT-09-022 results are even more exciting since the pierce point is located outside of the resources estimated by Scott Wilson Roscoe Postle Associates Inc. (Scott Wilson RPA) published in September 2008.
Another drillhole is planned at the same elevation, 50 metres south of MT-09-022, to fill in the gap between holes MT-09-022 and MT-08-062 located 100 metres apart.
The true width of the mineralized sections has not yet been determined.
Since the drilling program began in February 2009, 20,000 metres of the planned 30,000 metres of exploration drilling in 2009 have been completed.
Strateco Resources plans to carry out 60,000 metres of surface drilling per year in 2010 and 2011, in parallel with underground exploration work. The results of the surface drilling program should allow the maximum capacity of the Matoush ore processing plant to be established.
In 2010, Strateco Resources plans to begin the environmental studies required for mill and tailings pond construction. These studies are required to obtain a mine construction permit.
