VOISEY BAY'S FIND - A NEW DISCOVERY Message Board

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Gold/Mining/Energy : VOISEY BAY'S FIND - A NEW DISCOVERY

CME 283.57

+0.1%

Nov 13 3:59 PM EST

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To: Brian Gerbozy who wrote (74)	7/30/1997 12:58:00 AM
From: Terry J. Crebs	of 481

Brian, Sorry for "speculating" with INCO's quote of: "drilling several kms beyond the current limits of Eastern Deeps has resulted in ... mineralization ... which are not economically significant." The richest and very economic "Ovoid" orebody is less than 1 km WEST of Eastern Deeps, and if you've read either Naldrett's or even my published papers on Voisey's Bay we state that the economically mineralized troctolite occurs on a prominent EW trend/structure (I've interpreted it as a rotated normal fault within a "wrench-tectonic" fabric.) The new INCO orebody they call Reid Brook (e.g., Western Deeps) is west of the Ovoid--as are the Mini-Ovoid, Western Extension, orebodies and the Ashley Prospects. You are correct, I was indeed speculating that because of the prominent EW "orebody" trend and the fact that DFR already already had mapped the Eastern edge of Eastern Deeps 1996 several kms west of the ICA claim block boundary I speculated that INCO has not found any economic mineralization east of what DFR had previously mapped. (FYI--North of Eastern Deeps are the old DFR (presently sub-economic) Sarah Prospects and south are the (presently sub-economic) Red Dog Prospects.) All of the orebodies and prospect areas I've described above are public knowledge from the scientific papers or DFR (or INCO) press announcements. Hopefully, you've followed my "rambling" of why I speculated the way I did. ICA/Falco's deep drilling looked like a "long-shot" to me even without INCO's announcement yesterday. Concerning your other question; sometimes even deep boreholes get drilled for silly reasons, and sometimes "serendipity" can make the silly look like genius . Good Luck and Regards, T. BTW--I'm very long on N., NVB., and N-E.NYSE.

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