Klondike Star says a business plan is being developed for the Indian River Placer Project. What does that entail?
A business plan is similar to a scoping study except there are fewer complexities in analyzing the economic viability of the property. The business plan will outline estimates of volumes of mineralized material with recoverable gold potential based on auger drilling and bulk sampling results, the mining process (including, but not limited, to mobilization, stripping and clearing, ongoing drilling, ore handling and processing, road access upgrading and construction, camp acquisition and installation, reclamation), costing of capital infrastructure and equipment, and projected operating costs. The business plan is scheduled for completion in the fall 2007.
