Welcome To The Inspiration Mining HUB On AGORACOM

The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

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Explored Potential
Even though production has occurred and a number of test holes have been drilled, significant portions of the 864 hectares of the claims have yet to be tested. Historically, even those tests did not include assays for the platinum group elements, which are now known to be present. Even more interesting, what testing and extraction that did occur was relatively near the surface (generally no deeper than 75 meters, with only one going to the depth of 450 meters. As noted, deposits of this area are classified as Kambalda-type (See Footnote 1 above). That experience, combined with nearby recoveries in the Timmins district, indicates recoveries could go as deep as over 3,000 meters.

Apart from the locations previously mined or physically tested, several geophysical anomalies have been located from geophysical work carried out recently on the properties. The expected nickel target size for this type of disseminated nickel sulphide body is in the order of 1-1.5 million tons grading 1.5 -2.5% nickel and 3-6 grams per ton platinum group elements. Massive sulphides grade 12% nickel; disseminated sulphides grading possibly as high as 4.5% nickel, present a very attractive exploration target. There is sufficient exploration potential on the property to cover several million-ton targets.

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Hope you reach your goals. You should get some very nice drill core results when you start drilling your targets. Our platinum group elements we have never worked into our results because they never met the cutoff grades but they have given us some good byproduct credits. FNX were able to have their Byproducts cancell out the cost of producing their ore. I suspect you will not see that positive result.


Sep 04, 2008 06:45AM

Sep 04, 2008 06:56AM
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