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)

Free
Message: Drilling at Eagle One.... very , very good additions to E1

Drilling at Eagle One.... very , very good additions to E1

posted on Jul 01, 2009 11:53AM

Been going thru information on E1 drilling and looking at the 3D plans graciously provide by Helium trying to get a handle on the info released on Monday ( advise all members to copy and paste info when its given into a folder as Noronts got a habit of making links no longer available, even stuff from January 23 release do not open up, this may just be a web master oversight, maybe not ) and have a few questions .

1) if i remember right, there was some debate surrounding E1's hole 44 and its azimuth, whether it is at 90 or whether it should be at 270, was there ever clarification. If so i missed it.

2) E1's hole 45, Helium's 3D shows hole 45 with no mineralization to 404.4 meters, from what we know there was "no significant mineralization in this hole, Mondays release outlined as such from 08 drilling, now we are told that 45's been lengthened and "has" got mineralization and that it begins at 375m and intersected a huge 46.12 m of nickel sulfides, the 375 is well within 45's barren drill core. Sorry, somethings out of whack here, our friend Helium had enough info to complete hole 45 at the time ( he is very good at it) and no mineralization was listed now voila! we have it! Just wondering where NOT stands on the discrepancy of the start of mineralization at 375 down hole, is that a reporting error? Oversight or by design.

Regardless of which, adding 46.12 meters of Nickel to E1 from this intercept is conceptually adding in huge resources as the intercept is exanding the main body laterally to the intercept. Make no mistake and I most certainly am no geologist but imo That's huge tonnage, added into the easterly side of the deposit, of course we will know much more going forward.

3) On hole 49, we are deep here, 2700' or better way deep, drilled subverically at the NW contact of the E1 Conduit. The intercepts are Huge, imo subvert. drilling should continue surrounding this hole to define the conduit, it may have offshoot to other pools who knows, by now BHEM has been done on 49 and results being looked at to further guide drilling. The Great Eagle One is slowly giving up its deep dark minerals.

4) Where the heck is Helium, Where the heck is Rockaur, anyone else doing modelling??

Share
New Message
Please login to post a reply