Jesse and other humans- I was in Vancouver last week and ran into the President and a couple of Directors of NBL. Here in a nutshell is whats happening with New Blue.
We have just completed the first stage of drilling on the Cox Property. The core was split and logged and submitted for whole rock analysis. Results are expected shortly.
The Company is currently compiling an extensive amount of data on the Eaglenest property. The property is contiguous and immediately to the west of Tintina Mines and NSR Resources confirmed discovery of laterally extensive metal enrichment zones with elevated values of copper, nickel cobalt, zinc, molybdenum, vanadium, and precious metals including platinum and gold. Several mineral occurrences are also located on the Company's Eaglenest property. Other companies such as Birch Mountain Resources also have done extensive work in the area.
The Company is in receipt of a qualifying report for the Little Legend Property completed by Mike Defrense of Apex Geoscience Ltd. The report shows a very significant cluster of magnetic targets in the South Western portion of the property. The Company will ground truth the property over the summer and fall in preparation for drilling at the end of the year. The Little Legend Property is in the middle of a field of Diamondiferous Kimberlite pipes discovered by the Kennecott/Montello/Redwood joint venture.
A Macrodiamond, G1, G2, G5, G7, G10, and G11 garnets have been discovered on and in the immediate vicinity of the Company's 450,000 acre Pelican Mountain block in the Calling Lake area. The Company is currently negotiating an Airborne magnetic survey for the property and will target for flying it this spring. The Company is very optimistic with this project since the area (Calling Lake), to date, has provided both the highest quality and quantity of Diamond indicators in the Province. The Pelican Mountains block is a topographic high in the area and has seen glacial movement from North to South. The majority of Diamond indicators have been found on and just South of the Property's boundry.
later griz
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