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Gold/Mining/Energy : NAR FORUM -- Ignore unavailable to you. Want to Upgrade?


To: Earlie who wrote (6)7/6/1998 8:40:00 AM
From: Andreas Lichtblau  Respond to of 34
 
Earlie:

Results to date (before the new program) have been very encouraging: massive sulfide intersections (ore-grade, but over ~1m widths only) in many holes at shallow depth (~80m). To prove up an orebody, this next round of drilling will have to start pulling ~10m intersections of the same grade, on the same, or near-by, sections, and at depth. That is, they'll probably step-out and down ~100m from the good intersections obtained to date.

Falconbridge must surely be in good spirits getting their programs in Zimbabwe funded by NAR! They didn't have to lay-off their exploration team (geologists, the mine-finders, are always the first to go!). But seriously, the drill intersections to date (see NAR's latest Press Release at http:\\www.nar-resources.com) offer a number of targets, all with excellent potential to host an ore-body. Falconbridge will choose the best of these to drill-test, best in terms of width/grade of known sulfide intersection, intensity and thickness of altered host rocks, presence of geophysical conductors, and mineralized structures, etc.

More later....



To: Earlie who wrote (6)7/6/1998 10:59:00 PM
From: Andreas Lichtblau  Read Replies (1) | Respond to of 34
 
Earlie:

I got in touch with NAR people in Toronto today who tell me that Falconbridge will start drilling this week with one machine. More machines (up to three) will be added as more personnel arrive from Canada. I understand two fairly senior/experienced VMS people will be sent over, to add to the contingent of two already on site. Not counting NAR's man-on-the-spot Alex Po.