SPQ news important

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)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

khareema

Rank: President [?]

Points: 21476 [?]

Votes: 372 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.)

SPQ news important

posted on Jan 15, 2009 01:26PM

This latest news out on SPQ is a very important part of the ROF puzzle. There have been statements made that the orebody is 14 km long. This is a very difficult statement to back up with any solid facts. Any analyst worth anything will require a lot more information to give that statement any merit. Also anyone actually involved in mining is aware that 14km is a very,very long orebody to be one single vein.

However with SPQ now confirming very similar and VERY impressive widths and grade, it is much easier to picture the 5 km distance up to the FWR hits, or to picture the 4 km down to the Blackbirds. The indications now are becoming clearer that this could without doubt be the biggest single orebody ever found in this country.Don't forget that we have extended things from Blackbirds northeast as far as FWR, but then Noront owns all the land immediately northeast of that and it has not been touched to date, not even any geophysics of any sort.

This thing has taken one very big step closer to the critical mass point, and when it gets there (tomorrow?), this whole thing is going to explode, recession or not.