HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Message: Re: snif~snif~ahhhh...I love the smell of BURNING SHORTS in the Ring of Fire eom...
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JD wrote:
"...I think the number maybe close to 10 drills...so they can finish those 6 holes in a week or two...they will have the visuals of those holes and likely guestimate assays to complete the NI 43-101, then when the assays arrive just fill into said report..so that brings us to about mid Feb...don't forget too that the assay Labs are NOT that busy now since no one has been drilling in canada..."
10 diamond drills??? "Guestimate" assays for a NI43-101??? Labs not that busy in Canada???
NOT does not have 10 drills on site...
You cannot "guestimate" assays for a NI43-101 (its technical, legal document that an engineer has to sign off on, and I have never heard of any engineer guessing assays for a report)...
And the curent turn around for assys at most labs in Canada is 6-8 weeks given the backlog from the fall drilling programs.
Regards,
B.
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