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Gold/Mining/Energy : Nuinsco Resources (NWI)
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To: Tom Cat who wrote (1070)3/3/1999 5:44:00 AM
From: E. Charters  Read Replies (4) of 5821
 
I can see it now. "3 feet of disseminated sulphides in hole 99-2. Hole 99-2 overshot the target and holes 99-3 to 99-10 returned inconclusive results. Hole 99-9 had a strong offhole anomaly that the consultants tell us is high probability sulphide conductor. NWI is weighing its options and when all the results are assessed will announce its intentions with regards to the property. In the meantime work is underway on targets 2 through 6 and results of the geophysical program will be announced when they are ready."

That is the overwhelming probability but you never know.

I have heard more BS about this deposit than any in recent memory. It has all the earmarks of a small deposit in fact. Geophysics, particularly IP, is totally untrustworthy in delineation of the size or grade of a deposit. It is more likely the mag that could tell you how big it is but there may not be enough pyrrhotite for that. Remember there is only 10 feet of massive sulphide in this one. It is no Frood Stobie.

If it were a large deposit, the the cystallization in core would indicate that. And geophysical signature would stand out like a sore thumb, both mag and TDEM conductivity, and you could see it on the gov't maps from the GSC.

EC<:-}
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