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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: 4TNiner who wrote (1915)	3/18/1999 9:49:00 PM
From: mineman	Read Replies (1) of 5821

66 metres of pre-stripping could be feasibly conducted for an open-pit operation that could then mine the underlying 60 metres of 1.1% or higher grade nickel. Grades would need to be at least 1% (or $40 U.S.) mill-head grade for this type of open-pit operation and the size would need to be at least 5 million tons. This open-pitttable size is entirely possible if the zone continues to the east as the geophysics indicates it may! The higher grade zone 120 metres deep appears to be too thin (2.3 metres) for an economic underground mining scenario!

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