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


To: 1king who wrote (162)1/22/1999 11:23:00 AM
From: Flea  Respond to of 5821
 
Western Troy owns 600,000 Nuinsco shares

Nuinsco Resources Limited
NWI
Shares issued 40,440,366
1999-01-21 close $2.11
Friday Jan 22 1999
See Western Troy Capital Resources Inc (WRY) News Release
Mr. Stanley Mourin reports
Western Troy owns 600,000 common shares of Nuinsco Resources. Today's Globe & Mail reports that
Nuinsco has made a potentially significant nickel discovery at Lac Rocher in Northwest Quebec.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com



To: 1king who wrote (162)1/22/1999 12:13:00 PM
From: Gary Nash  Read Replies (1) | Respond to of 5821
 
The reported grades seem more similar to those at Raglan with 18 million tonnes grading 3.13% Ni and .88% Cu; the Ni seems to be in a larger proportion to Cu than the ratio at Voiseys Bay. It is interesting to note the first 4 holes from Voiseys included 3 of them with intersections 10.5m-40.5m with Ni.74%-1.08% &Cu.45%-.75% with an excellent 4th hole of 71m of 2.23%Ni &1.47%Cu. So far we have 37m of 2.47%Ni and ~1% Cu, plus 102m of .5%Ni&.22%Cu;41.7m .426%Ni & .19%Cu and two other similar holes about 50m north of hole 99-1. So this is certainly an interesting play as many are realizing with Voiseys bay really starting with one good hole as well.



To: 1king who wrote (162)1/22/1999 1:49:00 PM
From: Terry J. Crebs  Read Replies (1) | Respond to of 5821
 
King, a bit slow getting over here, eh-X-Archean-dude? Somewhat disagree with your: <<With the exception of the "SE-Flats", the ovoid was basically massive-not massive;-) The Eastern Deeps was again a different beast. There are some similarities in that disseminated mineralization was frequently located on top of the massive. I really cannot say more without more information on the exact distribution of the mineralization in DDH99-1. On the surface (host,contry rock, mineralization, etc.) there look to be more than a few similarities.>> Nuinsco's Lac Rocher mineralization and geology appear very dissimilar to the Ovoid or any Voisey's Bay orebody (some similarity maybe to our uneconomic Red Dog--remobilization along a fault-zone are always heart-breakers) IMHO. Nuinsco is reporting mineralization in layered noritic rock, with platinum numbers which suggests Stillwater-Nye Basin-Montana-style (basal norite) mineralization to me rather than Voisey's (troctolite) or Ragland-Thompsen (komatiite) Ni-mineralization. Northern Abitibi greenstone belt layered gabbroic-anorthosites (Bell River and Dore Lake Complexes) are also of Stillwater's +2.7-billion year age. A Quebécois friend recommendeded I look at Quebec's Quenonisca Survey, DP-85-13, he claims the INPUT conductor is "interesting". Why Nuinsco used IP/R to follow up apparently on INPUT-EM is somewhat puzzling to me--(EM almost always gives better drill targets for massive sulfides--that's why I wouldn't allow DFR or our Archean geologist-friends to even attempt IP/R while I was running the geophysics at Voisey's). Yeah, the big (and little) boys were sending me Email about this one, all day yesterday. My boys and girls are reporting that a faxable plan and three cross-sections are being prepared by Nuinsco and may be done today. Call their IR to get on the fax list. Lotsa magmatic nickel-platinum dudes & dudettes are watching this one develop. Congrats to Nuinsco and their shareholders. Full assays and step-out drilling are required to evaluate this pretty puppy. Regards, T.