From the 2002 annual report:
"In her studies,Dr Schandl noted that the ubiquitous presence and
predominance of nickel-bearing sulfides and chalcopyrite inclusions
in pyrite-rich quartz veins at Cobalt Hill, suggests that the
hypersaline fluids that precipitated the metals, must have been
nickel and copper rich. The percentage of nickel in the small nickel-
bearing inclusions includes pentlandite: 35-39 percent, bravoite: 36-
62 percent, and gersdorffite: 35-39 percent.
In her studies, Dr. Schandl points out that the presence of fuchsite
(chromium-rich muscovite) in the same quartz plus pyrite veins
implies that the source of the metals is probably a mineralized
mafic/ultramafic intrusion at 1200 - 2200 feet, corresponding to the
depth of the fuchsite-bearing quartz veins, increasing from 1200 feet
to below 2200 feet, then abruptly disappearing. The projected
mineralized mafic/ultramafic source is also nearby,as chromium is an
immobile element, unlikely to have moved far from its source."
Not mentioned in the report is, that a *UTEM
test was done last week and the results of it are awaited shortly.
* UTEM is a geo test system, developed by the University of Toronto and is used by Inco for its exploration work.
To get the annual report for 2002 please call 1-888 531 7798 |
