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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: Elizabeth Andrews who wrote (951)	2/20/1999 11:48:00 AM
From: Terry J. Crebs	Read Replies (6) of 5821

Very observant Elizabeth. << Does this have some bearing on where we are in the cumulate system? Or is it that the Lac Rocher mineralization has been moved about by tectonics? Is this a negative thing? Or what? >> Yes; yes; probably; the mineralization is metamorphosed (host rock looks like amphibolite) and massive sulfides are full of pyrite veins. My reports suggest a "cooked" Archean deposit with probable remobilization. Be careful, according to the new webpage images #99-1 mineralization does not yield IP, Mag, or Input geophysical anomalies--this implies lack of volume; I'll be surprised if even a respectable (but uneconomic) 2 MMT. Also the "stall" is worrisome--sheesh, they could have put in 3-4 holes to follow up on 99-1, instead they build a winter road?? Could mean someone is hesistant about spotting the follow-up holes. Good Luck and Best Regards, T.

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