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Gold/Mining/Energy : SUDBURY AREA AND THE PGM PLAY
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To: Just G who wrote (41)10/22/1999 2:55:00 AM
From: RWILL  Read Replies (3) of 349
 
Looks like INCO can be added to the area explores looking for PGMs

Inco (N:TSE,ME) discovered a new area of mineralisation at its Totten
copper/nickel/palladium/platinum mine in Ontario, which ceased
production in 1970 and has been on stand-by since. The company says
that all six holes drilled intersected high total metal grades ranging
from 0.9% nickel to 3.3% nickel, from 1.6% copper to 5.4% copper and
PGMs from 6.3 g/t to 8.7 g/t over true thicknesses between 6.3 m and
35.6 m. The highest grade intersection reportedly contained 3.2%
nickel, 3.6% copper and 5.7 g/t PGMs over an estimated true thickness
of 16.0 m. Inco also reports that geophysical surveys confirmed the
continuity of the mineralisation between the holes and indicated
southern extensions. The zone is accessible from the mine's existing
1400 m shaft situated between 100 m and 300 m north of the zone. (Oct
19/99)
)
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