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Gold/Mining/Energy : Nuinsco Resources (NWI)
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To: LaFayette555 who wrote (1999)3/21/1999 10:26:00 AM
From: mineman   of 5821
 
Francois regarding economic viability of ARP, I said the Federico zone was uneconomic at .7 g/t Au starting at 60 m depth. The Amable zone appeared economic as soon as they hit 3 holes of 6 g/t Au over 80 m starting at 60 m depth.

NWI's potential economics need to be assessed at every stage. We know how thick, rich, and deep the intersected sulphide bed is right now, and the potential for extensions and changes in tenure and thickness.

At this and each succeeding stage we need to assess the economic potential in order to make informed decisions. We cannot wait for the major companies and market to make these decisions for us as by then it may be too late!
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