Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: E. Charters who wrote (187)	1/22/1999 8:30:00 PM
From: BLZBub	Read Replies (1) \| Respond to of 5821

Hume was actually a "gold freak", until he accidentally hit nickel while drilling for gold at Rainy River in Oct 95. He referred to this as "the luck of the nickel". So far that one hasn't panned out, but it is mostly blind drilling through a thick overburden.

To: E. Charters who wrote (187)	1/22/1999 8:36:00 PM
From: Rocket Red	Read Replies (1) \| Respond to of 5821

E.Charters I hope your not going to say this is all salted again. PS Hope your on the right side here.

To: E. Charters who wrote (187)	1/23/1999 1:06:00 AM
From: 1king	Read Replies (1) \| Respond to of 5821

EC, 90% of the Ni deposits are either Archean or Proterzoic. The gneiss host is no coincidence, it is a sulfur source. The Ni is contained within the Olivine matrix (olivine gabbro etc.) and to create Ni-sulfide mineralization (i.e. concentrate the Ni-material into economic quantities) requires the olivine rich solution (magma) to come in contact with a sulfur source (Gneiss contains abundant sulfur). Along these lines, the S-source was suggested by Naldrett to be upper crustal because once the sulfide fluid was created (Ni from olivine+S from host) is could not travel far (relatively speaking via fluid mechanics). Sulfur isotopic studies at Voisey were inconclusive as at many other sites. Off the top of my head I can't think of any mantle-derived S in Canadian Ni-deposits???? The argument between Gabbro (Norite) VS Olivine Gabbro (Norite) VS Troctolite (much over-stated and usually incorrect chemically speaking) is somewhat over-stated. Without a petrographic analysis the Pl/Px/Ol ratios cannot be determined and for exploration purposes the point is moot because all or any of these rocks, under the correct conditions carry more than enough elemental Ni to make a deposit. Core logging and most mapping programs can never get it straight and as the prospectors say "the Ni is where you find it!" Regards P.S. Just exchanging info... still don't know much about the technical info from this play