Weda Bay Minerals Inc Message Board

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Gold/Mining/Energy : Weda Bay Minerals Inc

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To: Roberth who wrote (28)	6/2/1997 1:23:00 AM
From: The Count	of 98

Do you think anything about: - Inferred resource drilling commenced in April. Approximately 6.8 million tonnes of inferred laterite resource at a grade of 1.70% Ni and 0.07% Co, using a 1% Ni cut off grade, has been defined in six weeks of drilling Area 2 and Uniuni Hill. - Overburden encountered in the resource drilling is generally thin or absent and includes 400,000 tonnes of 0.82% Ni and 0.20% Co which would probably be mined for its cobalt content. - Drill program is to be accelerated to ensure that the inferred resource drilling is on line to define in excess of 50 million tonnes by December, 1997 thx VC

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