Agoracom: Small Cap Investment - Inspiration Mining - Re: Tantallon: Largest Nickel Deposit in the Shaw Dome

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.

Reply New Message

Back To Forum List View

Largest Nickel Deposit in the Shaw Dome

tantallon

Jan 10, 2010 04:22PM

Re: Largest Nickel Deposit in the Shaw Dome

EB Farnum

Jan 10, 2010 06:18PM

Re: Largest Nickel Deposit in the Shaw Dome - Tant

maroons94

Jan 10, 2010 07:20PM

Re: Largest Nickel Deposit in the Shaw Dome

tantallon

Jan 10, 2010 09:31PM

Tantallon: Largest Nickel Deposit in the Shaw Dome

whaler

Jan 11, 2010 03:38AM

whaler

Rank: President [?]

Points: 24936 [?]

Votes: 69 Score: 3.6 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Tantallon: Largest Nickel Deposit in the Shaw Dome

in response to

Tantallon: Largest Nickel Deposit in the Shaw Dome

whaler

posted on Jan 11, 2010 03:46AM

So do they go for it? 4.5 million bucks and 12 months work judging by the wage estimate.

Inspiration has prepared a proposed exploration program and budget for work to be carried out in 2010 as shown in Table 1.3. Micon has reviewed the proposed budget and believes that it is appropriate and warranted.

Table 1.3

Proposed Exploration Program and Budget Item No. of Units Unit Cost Total Cost

Delineation Drilling, Langmuir No. 1 Extension 30,000 m $75/m $2,250,000

Metallurgical Testing $90,000

Preliminary Geotechnical Investigations $80,000

Scoping Study $150,000

Exploration Drilling 12,000 m $75/m $900,000

Assaying 32,000 samples $12/sample $380,000

Salaries 12 months $250,000

Transportation $50,000

Support Costs 100,000

Sub-total $4,250,000