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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (31056)	1/27/2007 12:58:26 AM
From: koan	Respond to of 78424

I made a lot of money on Scintilore. I had it for the Big Hill silver property in Main. I think a billion tons of 1 oz per ton. $10 per oz to take it out. Talk about levrage. I had a lot of it at .39. And then this stupid lawsuite pops up and the stock goes to $9. Maybe we are staarting to see that again. If so we will all be in bora bora soon-lol. I like this NWI spin off Victory nickel. Maybe 200 million tons of .64/7 %nickel. That is leverage. read the below: Minago - Thompson Nickel Belt - Manitoba November 28 Minago Scoping Study - Summary View PDF November 28 Minago Scoping Study - Full Report View PDF Located 225 kilometres south of Thompson, Manitoba and 100% owned by Nuinsco, the Minago sulphide nickel deposit was discovered by Amax as part of a regional exploration and 14-hole drill program conducted between 1966 and 1972. Subsequently, Granges (1973-1976) drilled eight holes and Blackhawk Mining (1989-1991) drilled 40 holes - both companies also commissioned metallurgical, mining, milling and resource studies. With a NI 43-101-compliant measured and indicated resource of 29,840,000 tonnes grading 0.64% nickel and an additional inferred resource of 27,230,000 tonnes grading 0.67% nickel, Minago is one of Nuinsco’s most significant development projects. Drilling in 2005 indicated higher grades within the Main Zone, which hosts the entire resource, and showed the potential for additional tonnage in the North Limb as well. Of particular note was Hole N-05-05 in the Main Zone, which returned an interval of 245.9 metres grading 0.68% nickel, including 28.9 metres grading 1.25% nickel, 16.9 metres grading 1.78% nickel, and 59.4 metres grading 1.09% nickel. In the previously little-explored North Limb zone, another hole intersected 81.3 metres grading 0.59% nickel and 7.6 metres grading 0.65% nickel within 337.9 metres grading 0.33% nickel, clearly indicating the untapped potential of this area. click to enlarge click to view animation In early 2006, Nuinsco reported that deep drilling continued to intersect wide zones of strong nickel mineralization, including assays at depth among the highest recorded to date. Hole NM-06-02 returned 551 metres grading 0.55% nickel, including 80.95 metres grading 1.12% nickel and ending in 3.93 metres grading 1.91% nickel. These positive drill results, supported by past work, give the Company the confidence to proceed with a scoping study followed by a major drill program in 2006-2007 as part of a feasibility study on Minago. -------------------------------------------------------------------------------- Mel - Thompson Nickel Belt - Manitoba The Mel Project is located in northern Manitoba 25 kilometers north of the city of Thompson. Nuinsco is earning a 100% interest from Inco Limited by expending $6.0 million on exploration. The Mel deposit is located on the Mel Lease and consists of a NI 43-101-compliant measured and indicated resource of 2,740,000 tonnes grading 0.77% nickel between depths of 46 and 183 metres. The Mel Claims are actively being explored. Past drill programs have tested numerous geophysical anomalies associated with known nickel bearing geology. Most recently, in 2005, diamond drilling tested prospective stratigraphy and electromagnetic anomalies, as part of an ongoing assessment of the very large property with confirmed nickel potential. In addition, a preliminary evaluation has been carried out to determine the potential of open pit or underground mining methods for the Mel Deposit. Geotechnical studies have been completed to evaluate the overburden cover and metallurgical test work carried out. Options for development of the deposit are being evaluated. -------------------------------------------------------------------------------- Lac Rocher Project - Northwestern Quebec Nuinsco became involved in exploration for nickel-sulphides in the Lac Rocher area of northwestern Quebec, in 1998. The region is located in the James Bay Lowlands, some 140 kilometres northeast of the village of Matagami and about 50 kilometres east of paved Highway 109. The Lac Rocher nickel-sulphide discovery occurs in the zoned, unmetamorphosed, “Discovery Intrusion” that is in sharp intrusive contact with the enveloping country rock. The 3.2 metre massive sulphide intersection at the footwall contact of the intrusion obtained from drill hole NLR-99-01 returned a weighted average of 10.8% nickel as part of a 61.5 metre interval grading 1.69% nickel. Substantial sulphide mineralization (>8%) has been intersected over a 175 metre interval at the north end on the Discovery Intrusion where it occurs as massive lenses and disseminations and coarse aggregates of pyrrhotite, pentlandite, chalcopyrite, and minor pyrite. Massive sulphide mineralization has been obtained from four drill holes (NLR-98-09, and NLR-99-01, 04, and 06) while drill holes NLR-99-05, 07, 09, 10, and 11 intersected variable intervals of disseminated and blebby sulphide mineralization, locally returning grade as high as 5% nickel and intervals of up to 55 metres grading 0.5% nickel and 0.2% copper. Mafic and ultramafic intrusions are known or have been discovered at several sites in the Lac Rocher region while nickel sulphide mineralization has so far been discovered in the Discovery Intrusion and at Anomaly E (also on the Nuinsco Lac Rocher property). The presence of more than one site of known nickel sulphide mineralization and numerous potential regional hosts to such mineralization are ample reason to consider the Lac Rocher region prospective. A drill program in the third quarter of 2006 is designed to provide enough data to estimate a NI 43-101-compliant resource. At the same time, Nuinsco is evaluating the potential for direct shipping high grade mineralization for processing. September 22 Lac Rocher Project Drill Data September 2006 View Data