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


To: Terry J. Crebs who wrote (1013)2/23/1999 7:06:00 PM
From: Midas  Respond to of 5821
 
Terry:

"Heli-drilling to 150 meters (to scissor #99-1) is much cheaper than putting in any winter road--the "stall" reasons appear bogus to me. Drill confirm then build access roads."

Flying in to drill one hole won't resolve anything whether you hit high- or low-grade mineralization! The location (and type) of mineralization in hole 99-1 and the previous holes is exactly what one expects for a nickle sulfide-bearing intrusion. Furthermore, the area clearly has the potential for higher grade mineralization. Only a sustained drilling program (and therefore building an access road) will permit Nuinsco to follow the mineralization wherever it leads. Even if the mineralization is only a few hundred metres wide as suggested by the geophysics, the mag and I.P. anomalies have great strike lengths and may ultimately lead to another Ovoid etc.

Midas



To: Terry J. Crebs who wrote (1013)2/23/1999 10:07:00 PM
From: Tom Cat  Respond to of 5821
 
Hi Terry,
Thank you for your feedback (it is not everyday that you get a real geo on the threads). One more question, L10+00, 100 meters away from from L11+00, shows an IP that crosses way beyond the mag anomaly,it seem logical to me that NWI will drill next at L10+50 and another at L10+00 and about 1+00E. Assuming that they find the same good stuff at these levels, we would be looking at a lens the size of 200m by 100m, someone implied that VB ovoid was no larger than 100X100 and yet proved a huge tonnage (30MT?), how would this differ from DFR ?(now to be fair to everyone, we have to agree that we know how deep this animal is, right)
TC



To: Terry J. Crebs who wrote (1013)2/28/1999 12:58:00 AM
From: Tom Cat  Respond to of 5821
 
Hi Terry,
regarding your post from Feb/23, I had a chance to analyze in detail this weekend, you posted:
<use the plan map with the mag and IP anomalies to place
anomaly bars on Section 11+00 N. Note that the IP anomaly as picked by
Nuinsco extends to about 1+10W, while their mag anomaly extends to about
0+75W. Note #99-1 mineralization extends from about 1+10W to about 1+60W.
Note that the IP/Mag anomaly bars DO NOT occur over the mineralization.
Neither did the Input anomalies. >

I can see what you mean about that the mineralization is where is not supposed to be....it does not coincide with he mag or IP, in fact is drifting away from the reference (00) position towards the southwest....but...I am now even more confused, why wouldn't the IP and mag pick the mineralized gabbro that seems to be around 1+75W? and show where there is low grade Ni%?, would it be possible that the high grade feeder is actually way south, where the secondary mag anomaly shows?
Your comments are appreciated?
TC