San Gold recently released updated production results, with more ounces produced in the latest quarter, and lower cash costs than originally planned. It's interesting to note, that on June 24th they announced a JV with WEL - Wildcat Exploration, and on June 14th a JV with COU - Cougar Resources. These are small exploration companies with properties in the Bissett area.
It's well known that a large amount of drilling results are due from San Gold, which will add to the 43-101 resource estimate. They should be reporting on 80 - 90 drill holes, which I had expected a few weeks ago.
After these releases on JV's with small juniors in the area, it's my belief that they wanted those finalized before releasing any further drill results. Time will tell, but San Gold - SGR-T is still one of my favourite gold companies and is a long term hold.
Excellent Map of the area
http://www.wildcat.ca/upload/rice_lake_2009IntierraMap.pdf
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