I world is running out of PGMs. Mines that are on surface as comparred to 6 miles down will benifit. The Flag Drills show their Sudbury Anomoly at below 2,200 feet, so where are these, I haven't checked. I think that the alluvial surface models will also see such JV news with exploration in Y2K on a free ride. What is difficult is past Y2K. Be well, listen to the drills. Never walk in front of a grader:
<<..For the record, Falconbridge had this right in their backyard, and it is my opinion, they didn't have the experience or intelligence to check into this further, they missed something extremely valuable, and it is my opinion they must be kicking their asses. This opportunity comes along once in a junior's lifetime, I congratulate two individuals at Pfn, for their time, and always willing to try and answer my questions.
Did anyone notice that the release is clear. What I am trying to say, is that when you get an option, usually there is stock options, and the ability to walk away after the first intial phase, this is not here. Pfn did this all on their own, no dillution of stock, and they are here, and aren't walking away. They know that the Nippissing Diabase is right in Pfn's property, and they know that this is reality not a dream. Again, John it was a hard sell, and I gave you a hard time, but you should be very proud, and thanks for putting up with me, you nailed Pfn's potential on the head, and got through this thick skull. It must of been extremely hard and time consuming for Pfn, and they did this straight up, and no hype, now they are true winners. Again congratulations to all shareholders, as we don't have a pipedream anymore, we have reality! This will have a major impact on the Sudbury region. COMMENTS PLEASE! ..>>
Good - you are at Surface...hope recovery is cheap!
RE<<...OLD NEWS :
The known surface mineralization extends about 500 metres. This particular mineralized zone (the Jackie Rastall showing) is one of a number of copper, nickel showings on the Janes property which PFN evaluating for their platinum group metal (PGM) potential.
The recently completed drill program tested the down dip extension of the mineralization exposed in the surface trenches. Results confirm the presence of significant thicknesses of magmatically derived sulphides associated with important copper, nickel and PGM values. Mineralization is principally hosted in hypersthene gabbro units close to the lower contact of the Nipissing diabase with sediments.
Principal Mineralized Intersections
FROM - TO LENGTH Cu Ni Cu+ Pd+PT
(m) (m) % % Ni% Au%
Hole 99-1
35.00-50.05 15.05 1.08 0.27 1.35 3.10
including
40.13-44.77 4.64 1.68 0.26 1.94 3.93
Hole 99-2
7.78-11.00 3.22 1.34 0.65 1.99 2.49
including
9.92-10.56 0.64 3.37 1.67 5.00 5.25
Hole 99-3
0.00- 8.68 8.68 0.69 0.44 1.13 4.45
including
0.00- 3.06 3.06 1.20 0.91 2.11 9.03
including
6.58- 8.68 2.10 0.52 0.01 0.53 1.27
Hole 99-5
2.75- 8.01 5.26 0.23 0.11 0.34 1.15
23.99-32.86 8.87 0.09 0.04 0.13 0.36
Hole 99-6
9.90-23.91 14.01 0.84 0.35 1.11 2.70
including
19.76-22.16 2.40 0.87 0.47 1.34 4.45
Hole 99-9
1.63-14.49 42.19 0.29 0.11 0.40 0.40
including
3.21- 7.85 15.22 0.54 0.21 0.75 0.59
Hole 99-11
32.52-48.68 53.02 0.64 0.27 0.91 2.15
including
42.04-47.71 18.60 0.70 0.31 1.01 3.07
Palladium is the principle PGM metal present, and palladium to platinum ratios range between 3 to 1 and 7 to 1, most frequently 4 to 1 to 6 to 1. Gold values are mostly lower than platinum values, generally less than 0.5 grams per tonne. At close of the London Metal Exchange on June 2, palladium was trading at $329 (U.S.) to $334 (U.S.), and platinum was trading at $355.50 (U.S.) to $357.50 (U.S.).
Mineralization is now known from drilling to extend down dip from the mineralized trenches for at least 80 metres (240 feet) and is open to depth. The mineralization dips approximately 25-35 degrees to the east and is as much as 16 metres (48 feet) in width.
..>> >>
Chuckaplacer-Double Talk say 6 to 1 AU...so what is the PD braggin Grams...a half gram time 6 or 3 grams..? that is 10% of ONE ounce...gads...what a DRILL log...Is this ...the Majic .10 OPT that folks say is all over? Ha...I wish management would NOT COMBINE ELEMENTs
Chucka - 0.07 OPT PD Registered Assay ...from 2 foot down source rock- LOL I should of combined it with....Azirona Landscape Rock Values! UPFRONT and understandable! The combine values made me think I was loosing my Marbles Values! AZ and Alaska have lots or Limestones with igenous intrusions that turn it a metamorphicized thing turned back into a hard marble! Granite it isn't but hard as it is interesting. Best to the Open At Depth finds that lead to this JV= Maybe it is the way they talk in South Africa Zulu! LOL |
