Royal International Venture RIL.V (was Labrador Int'l LAB) Message Board

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Gold/Mining/Energy : Royal International Venture RIL.V (was Labrador Int'l LAB)

LAB 1.380

+7.8%

Nov 21 9:30 AM EST

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To: Rocket Red who wrote (1722)	11/21/1998 6:06:00 PM
From: 1king	Read Replies (2) of 3380

Red, If the information remains the same than so do does my technical opinion;-) Actually the info Tom posted suggests an average depth of drilling of 63m. Take hole 8 for example, drilled at a 45 degree angle, therefore we only see 30m vertical penetration. This hole is particularly interesting because they discuss a basal contact with the troctolite/gneiss containing massive sulfide. The only assay from that hole came back 0.33% combined Ni+Cu. Very poor and slightly atypical of the SVB system in general. An interesting exercise would be plotting these collar locations (11). This would indicate where the airborne survey located "surficial" (<100m) areas of anomalous conductivity. These areas would then be lit up like SOB's by any subsequent large-loop TEM system. This may explain the frequency of the features we see in the nifty LAB pix. Does this info exist? Does any of the previous drilling occur in the area outlined on the web site (i.e. falling within the Golden Bear Anomaly). I know we have heard that it does not but without the exact locations of the collars I am not ready to believe that. Why? In particular the claim that the new data suggests a deeper source when the pix (the one I saw) suggest otherwise. I would envisage this is light pre-damage control should any of the old shallow drilling fall within this area. A map of the 11 previous drill holes would be very useful in resolving this slight ambiguity. I hope they hit and run...........but remember the answer is already in the data and they are the only ones who have seen it all! 1King

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