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Gold/Mining/Energy : DUMONT NICKEL (DNI-M)

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To: Just G who wrote (233)5/3/2000 8:04:00 PM
From: John Fairchild  Read Replies (1) of 236
 
I am impressed with how these guys manage to get into the hot area plays. I would have to say that they rank as the number one junior miner in that ability. I own the stock for Torngat so the rest is gravy for me.

The main topographic features on the Torngat property trend in a NW direction and you can also see this as a predominant trend of iron rich rock on Twins mag survey. I have seen the aerial photographs of Twin's main dyke and it is a very distinctive lineament in a NE direction. The 4.2km section of highly magnetic dyke in the middle of Twins property is in fact the only NE trending lineament in that part of the property. It stands out so clearly on the aerial photograph since it is the only feature that cuts in this direction.

Enter Dumont "The airborne magnetic survey is following up on a recent (February 2000) interpretation of satellite data, from which Dumont has identified several northeast-trending linear elements, parallel to the Torngat 1, 2, and 3 and Torngat South dikes on the contiguous Twin Mining (formerly Twin Gold) property".

In my opinion these parallel lineaments on DNI property give a very strong indication of parallel dykes. Further I would suggest that Twins dyke which is continuous for 22 km is likely to have some parallel sisters several kilometers away.

The mag survey has been slow with many interruptions due to weather and solar magnetic disturbances. They are waiting for July since helicopter support is expensive and they want to insure that they have fog free weather.

John
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