Re: Looks to me like NOT....
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by
posted on
Oct 06, 2010 01:59PM
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)
NOT to mention... KWG
BIG DADDY' PROGRAM UNDERWAY
MONTRÉAL, Oct 1 /CNW/ - KWG Resources Inc. ("KWG") is pleased to report that it has commenced recovery of a 2-tonne bulk sample from the Big Daddy chromite deposit under the programs recommended by the Technical Committee to bring forward the understanding of the economic merits of the Big Daddy deposit.
Freewest Resources, Spider Resources, & KWG Resources Encounter Consistent Chromite Mineralization at Big Daddy; Rare Nickel Mineral Discovered Suggesting Nearby Source for Accumulation of Nickel
Friday, January 08, 2010
Freewest Resources, Spider Resources, & KWG Resources Encounter Consistent Chromite Mineralization at Big Daddy; Rare Nickel Mineral Discovered Suggesting Nearby Source for Accumulation of Nickel
Holes FW-09-33 and FW-09-36, situated on Section 15+00E, both intersected chromite mineralization. Hole 33 intersected 34.1 metres of which 11.0 metres (between 210.0 and 221.0 metres) average 40.29% Cr2O3. Hole 36 overcut hole 33 and encountered a much wider zone (86.2 metres) between 9.8 metres downhole to 96.0 metres downhole. The initial 11.2 metres of chromite mineralization averages 40.14% Cr2O3; the last 48.35 metres averages 41.35% Cr2O3. Of special note, after passing through the chromite mineralization, hole 33 entered a narrow fault zone that was observed to be partially filled with an unidentified but high grade nickel sulphide mineral (based upon in-house hand held XRF Niton Analyzer measurements). Upon receipt of laboratory analysis, the sulphide zone over 1.0 metre averages 2.74% nickel, 0.12% cobalt and 1.04 g/t Pt+Pd. A sample of the sulphide mineral selected for petrographic analysis was determined to contain an alteration assemblage of minerals including godlevskite (Ni9S8) along with veining of mackinawite ((Fe,Ni)9S8). Dr. James Franklin (director of Spider Resources Inc.) states: "This is a very low-temperature assemblage, and probably represents hydrothermal transport up a shear system from a more substantial Ni accumulation", Dr. Franklin continues "this explains the very high Ni contents, as it contains nearly 60% Ni."
I think KWG could be the sleeper & Cliff's seem happy to let them be with...
KWG RESOURCES INC | 1:23:49 PM EDT | ||||||||
Symbol | T | Bid | Ask | Last | Change | Volume | FSI | ||
KWG CA V | + | 0.105 | 0.11 | 0.11 | 0.005 (4.76%) | 197,575 | |||
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Regards,
Hebe