Demand for Drilling Remains Strong for Miners

HALIFAX, NS – Two Canadian drilling companies that operate in dozens of countries around the world for senior and junior miners drew a remarkably similar picture of 2012 drilling activity for Mineweb: Strong demand in excess of supply with seniors playing catch-up to replace reserves and juniors not holding back.

In the context of ongoing economic uncertainty, especially in developed countries, the drilling outlook for 2012 suggests neither juniors nor seniors are being misers, hording cash in fear they will not be able to earn more of it or raise funds again in the near future.

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