Drill results from yesterday
posted on
Jan 22, 2009 05:48AM
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.
I saw a post over on SH looking at the news from yesterday. It got me looking closer at what exactly was proven in the assays. When you look at it the results are really amazing and they do make you think about the possibilities of the open pit potentials here.
It will be interesting to see what Micon does when it gets results like this to digest.
The above drill holes continue to confirm the presence of a higher-grade nickel bearing mineralization within the northern portion of the Langmuir No.2 North Zone.
The following revised assay results for drill holes LN08-127 to LN08-130, inclusively at the Langmuir No.2 Mine - North Zone have been received, compiled and condensed to the following:
---------------------------------------------------------------------------- ---------------------------------------------------------------------------- Drill Hole From (m) To (m) Core True Core True Weighted Length Width Length Width Average (m) (m) (ft) (ft) Ni(%) ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- LN08-127 139.92 237.25 97.33 78.74 319.32 258.33 0.390 --------------------------------------------------------------------- or 162.57 235.30 72.73 58.84 238.62 193.04 0.431 --------------------------------------------------------------------- and contains --------------------------------------------------------------------- 186.47 190.50 4.03 3.22 13.22 10.56 0.932 --------------------------------------------------------------------- 198.50 208.30 9.80 7.93 32.15 26.02 0.504 --------------------------------------------------------------------- 213.75 219.34 5.59 4.58 18.34 15.03 0.509 --------------------------------------------------------------------- 223.76 227.00 3.24 2.65 10.63 8.69 0.702 --------------------------------------------------------------------- 231.90 235.30 3.40 2.79 11.15 9.15 0.546 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- LN08-128 143.00 261.20 118.20 89.21 387.80 292.68 0.465 --------------------------------------------------------------------- or --------------------------------------------------------------------- 168.00 252.95 84.95 64.11 278.71 210.33 0.545 --------------------------------------------------------------------- and contains --------------------------------------------------------------------- 184.30 203.10 18.80 14.19 61.68 46.56 0.915 --------------------------------------------------------------------- 184.30 185.82 1.52 1.15 4.99 3.77 1.188 --------------------------------------------------------------------- 187.50 189.10 1.60 1.21 5.25 3.97 1.306 --------------------------------------------------------------------- 193.20 203.10 9.90 7.47 32.48 24.51 1.112 --------------------------------------------------------------------- 213.60 216.57 2.97 2.24 9.74 7.35 0.576 --------------------------------------------------------------------- 234.60 252.95 18.35 14.06 60.20 46.13 0.700 --------------------------------------------------------------------- or 244.20 252.95 8.75 6.70 28.71 21.98 0.926 --------------------------------------------------------------------- and --------------------------------------------------------------------- 267.20 276.05 8.85 6.68 29.04 21.92 0.268 --------------------------------------------------------------------- or 271.52 276.05 4.53 3.43 14.86 11.25 0.319 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- LN08-129 196.00 326.59 130.59 90.72 428.44 297.64 0.338 --------------------------------------------------------------------- and contains --------------------------------------------------------------------- 219.50 225.30 5.80 4.03 19.03 13.22 0.352 --------------------------------------------------------------------- 287.50 293.00 5.50 3.82 18.04 12.53 0.413 --------------------------------------------------------------------- 301.42 317.69 16.27 11.30 53.38 37.07 0.629 --------------------------------------------------------------------- with 304.50 314.91 10.41 7.23 34.15 23.72 0.818 --------------------------------------------------------------------- or 306.15 310.49 4.34 3.01 14.24 9.88 1.062 --------------------------------------------------------------------- or 306.75 308.30 1.55 1.08 5.09 3.54 1.399 --------------------------------------------------------------------- 319.95 326.12 6.17 4.29 20.24 14.07 0.895 --------------------------------------------------------------------- with 319.95 321.85 1.90 1.32 6.23 4.33 1.103 --------------------------------------------------------------------- and --------------------------------------------------------------------- 329.47 334.70 5.23 3.63 17.16 11.91 0.469 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- LN08-130 226.00 332.04 106.04 66.73 347.90 218.93 0.324 --------------------------------------------------------------------- and contains --------------------------------------------------------------------- 226.00 277.00 51.00 32.10 167.32 105.31 0.244 --------------------------------------------------------------------- 277.00 290.00 13.00 8.18 42.65 26.84 0.700 --------------------------------------------------------------------- with 285.23 287.12 1.89 1.19 6.20 3.90 1.568 --------------------------------------------------------------------- 290.00 316.80 26.80 16.87 87.93 55.35 0.276 --------------------------------------------------------------------- 316.80 321.78 4.98 3.13 16.34 10.27 0.759 --------------------------------------------------------------------- with 319.35 321.78 2.43 1.53 7.97 5.02 1.116 --------------------------------------------------------------------- and --------------------------------------------------------------------- 338.10 345.00 6.90 4.34 22.64 14.24 0.204 ----------------------------------------------------------------------------