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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: 4TNiner who wrote (2127)3/22/1999 8:33:00 PM
From: mineman  Read Replies (1) of 5821
 
4T9r, a 2.3 m thick 8% nickel flat-lying zone 66 m deep would not pay for the shaft or spiral-decline for the relatively high-cost room-and-pillar extraction mining. The deposit is worth squat at this point!!

Does this zone extend another 100 metres? We don't know but if the 100 metre wide zone does extend for another 300 metres along strike without thickening it is still worth squat because there would not be enough tonnage to pay for mine development!!

At present the high-grade sulphide bed is too deep, thin, and narrow to develop economically viable tonnage. However if it thickens watch out!!
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