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: Lest we forget....

Lest we forget....

posted on Sep 15, 2009 11:57PM

We are still open at depth! I'd hate to prognosticate on a shareholder forum on the internet... but this little piece of the NR I found very appealing after a re-read.

Hole 53 was the deepest. You'll notice it's not necessarily a great hole as far as the nickel grade is concerned over it's entire strike length. However, take a look a the very end of this hole and in particular the 'Including 917.9 to 926m depth' which happens to be at the very end of the hole when mineralization becomes 'Massive' and we reach the 5% grade +++++.

It might suggest, as we have already seen - that the grades continue to prove greater the deeper we go. Isn't the geological theory that all this good stuff came from underneath?

The deep drill will no doubt shed the light on this but it looks like Hole 53 was similar to a long movie that was stopped at the good part! Or eating the crust around a sandwich in order to get to the good bite. Or painting all the trim around a room first before you get to roll it.....


HOLE IDFROM (M)TO (M)INT (M)MINERALIZATION TYPENI %CU %PT %PD G/TAU G/TAG G/T
NOT-09-51 NO SIGNIFICANT RESULTS
NOT-09-52 NO SIGNIFICANT RESULTS
Eagle 1C
NOT-09-53 854 880.4 26.4 Net Textured 1.29 0.39 0.72 2.91 0.07 1.76
NOT-09-53W1 873.3 928 54.7 Net Textured/Massive 2.31 1.91 1.43 5.77 0.24 6.37
Including 917.9 926 8.1 Massive 5.04 2.83 1.14 8.60 0.05 8.26


Share
New Message
Please login to post a reply