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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Rocket Red who wrote (40673)5/21/2007 11:30:13 PM
From: E. Charters   of 78419
 
Pricey I will admit. Nickel mania. ON the other hand, the nickel mineralization appears to be in the order of 900 feet by 250 feet and perhaps 20 to 50 feet wide.. That could be 600 thou tons..

The 78 is true width, feet, of intersection. The 1.754 is % nickel for ISM.

F T L TW CLF TWF %Ni
164.00 193.83 29.83 23.82 97.87 78.15 1.754


And that is a comparable amount of nickel nickel to the 72.5 metre intersection of GCR too! About 50% as much.

LBE has the more favourable market cap. ISM has a fairly high market cap.

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ISM nr==>

Drill holes L107-32 and L107-34 were drilled at the same location approximately 125 feet east of previously released drill holes L106-17 to L106-19. Drill hole L107-32 was designed to intersect the nickel mineralization between previously released holes L106-17 and L106-18 but deviated closer to hole L106-18 than planned.

Drill hole L107-33 intersected a wider intersection with high nickel values than previously released drill hole L106-19, which was approximately 126 feet down dip from hole L106-19 and approximately 413 feet down dip from the 315 foot underground development.

Drill hole L107-34 accomplished what L107-32 was originally designed to intersect. This hole is approximately 77 feet down dip of the mineralization intersected in previously released hole L106-18 and approximately 63 feet up dip of the mineralization intersected in previously released hole L106-19.

EC<:-}
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