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

To: Tom Cat who wrote (1262)	3/7/1999 12:46:00 PM
From: E. Charters	Read Replies (2) \| Respond to of 5821

But you know what this thing is don't you? It is a narrow band of massive sulphide about 12 feet thick in a narrow trough structure with a shallow plunge to the southeast. It is at the base of some young basaltic flows in a volcanic sea bed mini-basin. Your clue is the nearby felsics volcanics of the same age. The maximum width of this basin, or more properly embayment or trough, at this point is about 300 feet. So they should be drilling vertically or nearly so, from about the 160 metre west location. If this thing continues down plunge for about 1000 metres it may yield about 5,000,000 tons of perhaps 2 % nickel. There is always a chance it may get better (wider and thicker) but then again as they get further from the vent(s) it may get worse. If these mafics were not flows then they would not have a lower contact at the gneiss and be conformable into a basin structure, nor would their lower contact be smooth. Let the amateurs laugh. Wait until they find quench structures in the sulphides. We will see who has the last laugh. EC<:-}