Canadian Diamond Play Cafi Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian Diamond Play Cafi

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Just G who wrote (820)	5/20/2003 10:01:50 PM
From: VAUGHN	Read Replies (2) of 16203

Hello JG Everyone’s missed opportunities aside, my preference on the Churchill & Mellville plays is Shear Minerals (SRM) not NEM or SWV. The latter two’s AV-1 Mellville outcrop is only 8m x 40m and much of that peninsula is limestone and therefore easily eroded. I'm betting what is found up there will be primarily hypabyssal and deeply eroded (small pipes and dykes). The geochemistry on the Churchill targets is the same or similar to the Mellville targets but the host rock is typically Archean basement (not easily eroded). SRM is both the operator, has 51% and Rankin Inlet infrastructure is very near by. I'm betting any pipes will be larger (less eroded) than Melville’s and possibly even diatreme fascies. NEM has a piece of both plays, and Kennecott recently bought the third partner’s share (Hunter’s) of the Mellville play so the big boys like what they see too. Should be interesting this summer and next. Regards Vaughn

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next