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Dwayne, The NovaWest (NVE) joint venture with Falconbridge (FL) on Grand Nord doesn't involve EDIS directly--yet. But, as the news release mentions, Grand Nord is most of the northern quarter of Quebec, so this is a huge expanse. My understanding is that much of the land this far north is not heavily forested, which provides the conditions favorable to hyperspectral imaging. Since exploration starts this summer on the first seven tracts, the call could go out from FL for a Probe 1 ("send in the air cover"). On the other hand, the metals market is really in a blue funk presently, and going even lower. These facts might eventuate in some cutting back on existing exploration plans. For instance, why would anyone be flying around the world looking for gold deposits nowadays, with gold at its lowest since 1971? I think that this cautionary note is particularly applicable to far away places like Kazakhstan. Just look at the problems that even authentic juniors like Steppe Gold have kick starting operations there. Bill. |
