Earlie:
Results to date (before the new program) have been very encouraging: massive sulfide intersections (ore-grade, but over ~1m widths only) in many holes at shallow depth (~80m). To prove up an orebody, this next round of drilling will have to start pulling ~10m intersections of the same grade, on the same, or near-by, sections, and at depth. That is, they'll probably step-out and down ~100m from the good intersections obtained to date.
Falconbridge must surely be in good spirits getting their programs in Zimbabwe funded by NAR! They didn't have to lay-off their exploration team (geologists, the mine-finders, are always the first to go!). But seriously, the drill intersections to date (see NAR's latest Press Release at http:\\www.nar-resources.com) offer a number of targets, all with excellent potential to host an ore-body. Falconbridge will choose the best of these to drill-test, best in terms of width/grade of known sulfide intersection, intensity and thickness of altered host rocks, presence of geophysical conductors, and mineralized structures, etc.
More later.... |