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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: rdww who wrote (44)4/21/1998 6:26:00 PM
From: BLZBub  Read Replies (2) of 5821
 
I confirmed that indeed holes 1, and 5 thru 9 have hit sulphides over large apparent widths. Holes 5 thru 9 are mostly step-outs from hole 1. The mineralized core is 5 to 10% sulphides (NOT 5-10% nickel as previously reported on this thread). Assays so far are low grade (i.e. .5% nickel), however 4 of the cores are now in for assay, with results expected Friday or Monday.

The structure is very large, appears to be continuous, and outcrops at surface. They are hoping that they are hitting a less mineralized periphery of a high grade orebody. If they find such an orebody, it could be very big, given the widths of sulphides hit so far.

All in all, this is very good news for the company.

Bill.
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