Contemplation as depited by micon will indeed be very exciting. Cripes its been since may 08. Can you imagine the magnitude of this work and the results we shall see in the near term??
Phase I - Mineral resource estimates for Langmuir No. 1 in preparation of a bulk sample and mineral resource estimates for Langmuir No. 2. The mineral resource estimate will include Trend Analysis, Cut-Off Grade Estimates, Compositing, Bulk Density Review, Block Model Construction and Validation, and Open Pit Optimization for Langmuir No. 2.
Phase II - Preliminary economic assessments examining the potential economic viability of each zone of mineralization. This assessment will contemplate excavation of the mineralization at the Langmuir No.1 deposit by means of underground mining methods, and the excavation of the mineralization at the Langmuir No. 2 deposit by means of open pit mining methods. The results of the mineral resource estimates and preliminary economic assessment will be compiled in compliance with National Instrument 43-101.
From today's NR:
"The Corporation is evaluating its options for possible underground exploration of the previously mined and partially developed Langmuir No.1 zone and has continued its program of environmental monitoring and evaluation in that area. Strengthening nickel markets in recent months may provide an impetus to accelerate this program.
Randy Miller, President of the Corporation, stated "We are excited with the progress of the Langmuir Property and the updated 43-101 report which provides a basis from which the Corporation can build upon. The Report also provides the foundation from which the Corporation can continue to develop and prove the Langmuir Property as a significant nickel deposit."