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Gold/Mining/Energy : GGL Diamonds,the diamond explorer that found nickle
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To: Wayne Whalen who wrote (19)8/8/2007 12:42:48 PM
From: james flannigan  Read Replies (1) of 43
 
I think the key to this play is the multiple stained outcrops.Even with no drilling yet,we can conclude that the nickle sulphide has been located.The fact that the chip sample reported by GGL contained .44% Ni and the parts per million of Cu and Co from a leached 30 gram chip sample is directly in line with the chip sample from the stained outcrop at Voiseys Bay.That sample was also reporting in PPM for the Cu and Co.What one has to remember is that the department of mines in Labrador found the same outcrop in 1983 and passed on further work due to not understanding the weak assay results they got back from the lab at that time.They in effect walked away from a $100 billion ore body because they thought the ore value in the sample to be uneconomic.This was a result of leaching of the surface rock in the chip.Drilling proved that the rock a few meters below the surface was very high grade nickle.I suspect the the sample GGL is leached in the same manor,but GGL seen the results when Diamondfields reported its drill results.I think when GGL drills we will see the same type of results.In my view GGL has discovered a very special nickle deposit,and is likely to emerge in the next 6 months as the biggest find of any mineral in Canada in the past decade. James
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