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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: 1king who wrote (162)1/22/1999 1:49:00 PM
From: Terry J. Crebs  Read Replies (1) of 5821
 
King, a bit slow getting over here, eh-X-Archean-dude? Somewhat disagree with your: <<With the exception of the "SE-Flats", the ovoid was basically massive-not massive;-) The Eastern Deeps was again a different beast. There are some similarities in that disseminated mineralization was frequently located on top of the massive. I really cannot say more without more information on the exact distribution of the mineralization in DDH99-1. On the surface (host,contry rock, mineralization, etc.) there look to be more than a few similarities.>> Nuinsco's Lac Rocher mineralization and geology appear very dissimilar to the Ovoid or any Voisey's Bay orebody (some similarity maybe to our uneconomic Red Dog--remobilization along a fault-zone are always heart-breakers) IMHO. Nuinsco is reporting mineralization in layered noritic rock, with platinum numbers which suggests Stillwater-Nye Basin-Montana-style (basal norite) mineralization to me rather than Voisey's (troctolite) or Ragland-Thompsen (komatiite) Ni-mineralization. Northern Abitibi greenstone belt layered gabbroic-anorthosites (Bell River and Dore Lake Complexes) are also of Stillwater's +2.7-billion year age. A Quebécois friend recommendeded I look at Quebec's Quenonisca Survey, DP-85-13, he claims the INPUT conductor is "interesting". Why Nuinsco used IP/R to follow up apparently on INPUT-EM is somewhat puzzling to me--(EM almost always gives better drill targets for massive sulfides--that's why I wouldn't allow DFR or our Archean geologist-friends to even attempt IP/R while I was running the geophysics at Voisey's). Yeah, the big (and little) boys were sending me Email about this one, all day yesterday. My boys and girls are reporting that a faxable plan and three cross-sections are being prepared by Nuinsco and may be done today. Call their IR to get on the fax list. Lotsa magmatic nickel-platinum dudes & dudettes are watching this one develop. Congrats to Nuinsco and their shareholders. Full assays and step-out drilling are required to evaluate this pretty puppy. Regards, T.
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