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Gold/Mining/Energy : Platinum Group Metals (PGMs) -- Ignore unavailable to you. Want to Upgrade?


To: Ptaskmaster who wrote (383)5/26/2000 10:01:00 AM
From: CIMA  Read Replies (1) | Respond to of 529
 
SRU.V - From Raging Bull:

By: cultured
Reply To: None Friday, 26 May 2000 at 9:25 AM EDT
Post # of 1569

starfieldres.com

UTEM findings: 100 M. Tons?

The UTEM results map posted on the Starfield web page takes a little work to interpret. Whoever made it is trying to give three dimensional information on a two dimensional diagram.

Hint: if you flip it upside down (as South is up on the map) and then match the drill holes with those on the Ferguson Lake map,a couple of things become apparent:

1. There is a very wide, long-running zone of mineralization there that Inco missed--extending a couple of km at least, and roughly 800 meters wide.

1a. It isn't hard to see why Inco would have failed to find this zone. I gather their drills in those days generated very narrow cores, which made it difficult to drill this deep. Of course they didn't have UTEM technology.

2. There is a depth limit to UTEM technology, which they have reached on this diagram. The bottom of the zone could well continue along deeper than 1200 meters down. If the top of zone keeps dipping down to the West, this may suggest the existence of a few additional km of deeply buried resource in that direction that UTEM won't discover (easily).

3. Grade probably won't be an issue in this addition to the West Zone, as the 'old' West Zone grades were pretty consistent.

4. The thickness of the zone must now be determined to determine tonnage. Because of the huge extent of the new area, this will take a lot of drilling. Even now, it is easy to see how this could eventually top 100 M tons.