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)

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Message: Re: My View on BMK's NEWS today...
22
Jan 21, 2008 07:01AM

Thanx for placing the news in context of both McF area and other worldwide deposits. Its appearance of being MMS is indeed the real news here as it then contributes to a potential new camp over a wide area. Too bad they were still using the old aerial surveys but in the end its ground geo surveys which can reach depths of a km or so that really show new info. Those soil samples used by PRB would be a great, quick and cheap way forward, so I hope at least BMK, NOT and FNC are talking to PRB about the technique etal. 

I believe NOTs optimum way-ahead is to continue iat least 50% of its drilling by walking down the strike and depth of Eagle 1...follow the known EM chart bumps. Voisey's Bay deposit is more or less one long connected zone of thin and thick volumes and is typical of MMS I think, unless major faulting has pushed the strike sideways. Follow the known...and they will find it. 

By the way, there appeared to be a"canary in the mine shaft" at TME on Friday as there SP tumbled just before the bell. 

 

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