Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: fani's update

fani's update

posted on Nov 27, 2008 04:22PM

fani,thankyou for keeping in contact with Peter and reporting to us.As I understand it the plan is to revisit C-1 after the C-5 drilling phase as per press release dated Nov.3 below.

The nickel mineralization occurs close to the eastern granite contact of C-1. Geophysics suggests that this contact is highly irregular in a vertical sense, with granite "overhangs" and vertical walls at depth. Deep penetration TDEM suggests the existence of strong conductivity near this contact at depths on the order of 400-500 metres. These zones are obvious drill targets and will be further tested by detailed gravity surveys scheduled to begin following freeze up a few weeks hence.

cs.

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