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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (227)10/17/2001 4:25:49 PM
From: philv  Respond to of 39344
 
Would anyone care to look at Nova Gold....NRI - T.

Proving up high grade resource with more drill results to come. Quite a story, quite a ride, TSE's best performing stock of the year. Anyone familiar with this Co.?

Comments would be appreciated.



To: russwinter who wrote (227)10/17/2001 10:00:51 PM
From: russet  Read Replies (1) | Respond to of 39344
 
IMR.v,...you need to plot these holes in 3 dimensions using the azimuth and dip values and co-ordinates (which they didn't provide for some reason but the holes are close together so perhaps we don't need them). You'll find 6 & 7 have almost the same dip and azimuth and may be measuring the same feature but running down the dip or strike of a narrow east west trending plane of mineralization, hence are not true widths. 13 is about 75 meters away from 6 and 7 but runs almost 180 degrees the other way, so could be measuring a similar narrow parallel feature to the south of the first but running down the dip or strike again.

Now look at 1,2 & 3 which are angled about 90 degrees to the others, but only find narrow intersections of high grade ore mineralization. Presumably they hit the same narrow planes of mineralization but this time at 90 degrees to the dip or strike, hence measured its true, very narrow width. There appears to be little in between these narrow planes.

Little tonnage indicated as yet, but perhaps a great dig for some of the locals.