43-101 Technical Report - PGEs, etc.
posted on
Oct 15, 2009 02:02PM
Messrs. Novak, Smeenk, and Watson commissioned a 43-101 Technical Report in late 2008 for Big Daddy. It was released on March 31, 2009. Neil Novak wanted a high respected engineering firm that "knew both chromite & PGEs". They chose MICON.
I suggest that it might be time to reread that document. It's providing the roadmap for the drilling presently ongoing on the Freewest Option. Here's a quote from page 4:
"The PGE minerals encountered just below the massive chromite (in the stratigraphic footwall) may be due to volatile-induced partial melting of cumulates giving rise to constitutional zone refining. However, this is a hypothesis at this time as more evidence needs to be gathered (my underlining). In any case, it is the PGE zone encountered above the chromitite layer in pyroxenite that draws more attention as this would fit perfectly with the MSZ model of the Great Dyke, Zimbabwe. ... Based on the drilling completed to date, no economic grade PGE’s have been encountered in the massive/semi-massive chromite."
As more evidence needs to be gathered - that's what is happening right now. That's the stuff in this most recent SKF news release. And this is why we need to be both patient and vigilant.
But Messrs. Novak, Smeenk, and Watson are bringing us excellent news. I'm very happy with what I'm seeing and hearing - the roadmap, the terrific mineralization.
Snug