You hear that Spanish ? How many bedrooms you got in that mansion? LOL
I am kind if glad I have to go and do some testing on a couple claim groups I picked up over the winter cause it will help with my excitement and anticipation levels re NAN. I have not been this excited about a play since ....well never. I really think the summer of 2014 will be a exploration season for NAN that will be marked in mining history. When you consider the grades found so far by NAN against the grades at Voisey Bay all we need is to pull a couple longer intercepts in the 50 meter range and it will be game on. Voisey Bay and NAN grades below....
VOISEY BAY
In 1994, Diamond Fields Resources Inc. (formerly TSE:DFR) discovered a large nickel deposit along the eastern shore of Voisey’s Bay in Newfoundland Labrador, Canada. This deposit is considered to be one of the most substantial mineral discoveries in Canadian history. Diamond Fields Resources Inc. was founded in 1993 by Jean-Raymond Boulle and Robert Friedland, and in 1996 the company was sold to Inco Ltd (now Vale Inco Newfoundland & Labrador Ltd) for $4.3 billion, remarkably only three years after DFR was founded. This was the largest takeover of a junior mining company in Canadian history.
According to the publication entitled Mineral commodities of Newfoundland and Labrador nickel , available on the Government of Newfoundland and Labrador website, Vale Inco’s Voisey’s Bay property contains a total resource of 100 million tonnes grading 1.94% nickel, 1% copper and 0.11% cobalt (calculated from Vale Inco estimates 2003). According to the Vale Inco news release dated June 11, 2002, within the Voisey’s Bay discovery is the ovoid deposit, which contains 31 million tonnes of estimated proven reserves that can be mined using open-pit methods and holds average grades of 2.9% nickel, 1.69% copper and 0.14% cobalt.
At Imiak Hill (see longitudinal section in Figure 8) 2013 drilling intersected Zones 10 and 30 at depth. The deepest intersection is 185 m vertically below surface. Zone 30, containing near solid to solid sulphide mineralization, increases in width and metal tenor with depth. At Imiak Hill, the BHEM response increases with depth and the system is open at depth.
MQ-13-019: 8.68 m (5.58 m)* @ 1.53% Ni, 0.42% Cu, 0.06% Co
MQ-13-024: 14.90 m (8.33 m)* @ 2.67% Ni, 0.39% Cu, 0.09% Co
MQ-13-026: 25.51 m (11.94 m)* @ 3.25% Ni, 0.48% Cu, 0.11% Co
Incl. 18.62 m (8.70 m)* @ 4.31% Ni, 0.62% Cu, 0.14% Co
MQ-13-028: 24.75 m (11.08 m)* @ 3.19% Ni, 1.14% Cu, 0.11% Co
Incl. 17.91 m (8.10 m)* @ 3.80% Ni, 1.42% Cu, 0.13% Co
And 2.40 m (1.10 m)* @ 4.44% Ni, 1.13% Cu, 0.15% Co
*Estimated true width is shown in brackets
- See more at: northamericannickel.com |
