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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pakstas who wrote (4058)4/16/1998 8:37:00 PM
From: donkeyman  Read Replies (1) | Respond to of 11676
 
Ed. I talked to a geologist today who appeared to be very knowledgeable on the Voisey Bay discovery and the SVB. He can see a lot of similarities between SVB and the VB discovery. He said when you think of the VB discovery, you have to picture a large river underneath the ground. The nickel, copper and cobalt will be found in the river. Sometimes the river is narrow, other times wide, sometimes shallow and others deep. He said that's how the Eastern Deeps and the western extension was laid out over a 6-7 km stretch from east to west. That's why you need shallow drills (300 m) and deep drills rigs (1000 m). I was very surprised when he said the Eastern Deeps averaged only 1.3 to 1.4% nickel. That's mighty close to the 15 meters 1.1% nickel found on the NAI/DML property. The only thing is, they tracked down 50 million tons of the stuff up in the VB discovery area. He said they were very impressed with the percentage of cobalt on the NAI/DML property. Higher than the Eastern Deeps. Finally, he said this spring will be much different than last spring in that they have a couple of discoveries to work on and the chances of a strike is much better.