Last summer we announced that we found a new mineralized zone, called Eagle East. Since that time we have invested in a robust exploration drill program to further define the mineralization. In June 2016, we announced that Eagle East has the potential to be mined, and is now classified as an Inferred Mineral Resource. Right now we are conducting a feasibility study to determine whether or not we will mine Eagle East. If we are able to mine Eagle East, our Life of Mine will be extended by one year. At this time, our existing permits allow for ramp development. The ramp would connect the Eagle deposit to Eagle East via an underground tunnel.
Please joins us as we discuss Eagle East in more detail, including information on the feasibility study, permitting, jobs, community, environment, and safety.
You can find our recent press announcement here: http://eaglemine.com/exploration/