tag:blogger.com,1999:blog-6272793377504221569.post2198303594571860149..comments2024-02-05T00:42:53.074-08:00Comments on Angry Geologist: Hermosa - drilling update and geology reviewThe Angry Geologisthttp://www.blogger.com/profile/04955645007432969022noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6272793377504221569.post-63726307870720727562017-02-15T13:13:42.821-08:002017-02-15T13:13:42.821-08:00Mr. Szabo, you might be wrong on the opposition, m...Mr. Szabo, you might be wrong on the opposition, might be the objections of a local minority.Many long term and younger residents are more interested in growth and jobs than a quiet environment. Jaquars were spotted about one hundred miles away, not really a local issue.Interested Partyhttps://www.blogger.com/profile/02604605905387245623noreply@blogger.comtag:blogger.com,1999:blog-6272793377504221569.post-72771308559964171562017-02-15T13:12:11.715-08:002017-02-15T13:12:11.715-08:00Mr. Szabo, you might be wrong on the opposition, m...Mr. Szabo, you might be wrong on the opposition, might be the objections of a local minority.Many long term and younger residents are more interested in growth and jobs than a quiet environment. Jaquars were spotted about one hundred miles away, not really a local issue.Interested Partyhttps://www.blogger.com/profile/02604605905387245623noreply@blogger.comtag:blogger.com,1999:blog-6272793377504221569.post-53338984291094096992017-02-09T10:30:50.580-08:002017-02-09T10:30:50.580-08:00Hey AG get a load o' the latest. "The new...Hey AG get a load o' the latest. "The new zone, called Taylor Deeps, has been defined based on a reinterpretation of previous drill results, in addition to results from two new holes ..."<br /><br />Riiiight says I. Anything with the word 'deep' in it usually sucks vis-à-vis economics. Dopes halted the paper and now it's down. 'Taylor Deeps' indeed.Acehttps://www.blogger.com/profile/17786196655918237161noreply@blogger.comtag:blogger.com,1999:blog-6272793377504221569.post-40697944667426040622017-02-08T21:40:37.152-08:002017-02-08T21:40:37.152-08:00The drilling application was actually cancelled by...The drilling application was actually cancelled by the company itself, because the Forest Service indicated they would require at minimum an Environmental Assessment which is like an 18 month process. And in the end apparently the application had already been downsized to just 2 drill platforms totaling less than an acre of disturbance, which is tiny in the scheme of exploration on forest land. So instead, the company withdrew the application and is now supposedly planning a much larger drill program on the public land to be announced sometime in 2017, hoping I guess that under Trump the Forest Service will ignore the established molasses-pace process and fast-track approve the new drilling to commence shortly over the objections of the local majority. In the meanwhile, said locals continue coming up with new material to defeat mining in this area including the recent appearance of several jaguars including possibly a female, which are the first ones to have been observed in the U.S. in decades. So best case is still about 10 years for permitting. A good example might be the Montenore and Rock Creek projects in Montana (both now owned by Hecla) which are about 15 years into the process. Of course the most direct comparable is Rosemont which has dragged along in final permitting purgatory for a staggering 6 years.Tom Szabohttps://www.blogger.com/profile/14556411767867670182noreply@blogger.comtag:blogger.com,1999:blog-6272793377504221569.post-48276077271000242562017-02-08T21:02:48.015-08:002017-02-08T21:02:48.015-08:00This area is a dead zone for mining. ASARCO tried ...This area is a dead zone for mining. ASARCO tried to get a permit for Hermosa/Central in the 1980s(?) and failed. Well, the PFS is due in the next 6 weeks - it will be an interesting readThe Angry Geologisthttps://www.blogger.com/profile/04955645007432969022noreply@blogger.comtag:blogger.com,1999:blog-6272793377504221569.post-36223386213029624912017-02-08T18:17:51.797-08:002017-02-08T18:17:51.797-08:00Your guestimate of $ 160 per meter is just about b...Your guestimate of $ 160 per meter is just about bang on what I use and yes indeedy do these boyotards are peeing it away at an increasing rate and what's 'new'?<br />The obvious fact this project has major league permitting issues. Pass on this for upside for the simple reason a 10 year hold for a venture grass rooter is dead money.Acehttps://www.blogger.com/profile/17786196655918237161noreply@blogger.com