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Gold/Mining/Energy : Nuinsco Resources (NWI) -- Ignore unavailable to you. Want to Upgrade?

To: rdww who wrote (44)	4/20/1998 7:27:00 PM
From: rayy	Read Replies (2) \| Respond to of 5821

Hi rdww, Apparently the rumour mill is grinding. Word is the drillers have hit 130 m. ( yes, that's metres - over 400 ft. ) of high grade ( 5-10% ) nickel!!!!! If memory serves me correctly... Voisey is in the 2-3 % range. Early action this morn was supposedly the drillers. Levesque, Beaubien was the early big net buyer today- not sure what happened this afternoon. Take it FWIW. Ray

To: rdww who wrote (44)	4/21/1998 6:26:00 PM
From: BLZBub	Read Replies (2) \| Respond to of 5821

I confirmed that indeed holes 1, and 5 thru 9 have hit sulphides over large apparent widths. Holes 5 thru 9 are mostly step-outs from hole 1. The mineralized core is 5 to 10% sulphides (NOT 5-10% nickel as previously reported on this thread). Assays so far are low grade (i.e. .5% nickel), however 4 of the cores are now in for assay, with results expected Friday or Monday. The structure is very large, appears to be continuous, and outcrops at surface. They are hoping that they are hitting a less mineralized periphery of a high grade orebody. If they find such an orebody, it could be very big, given the widths of sulphides hit so far. All in all, this is very good news for the company. Bill.