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

To: Buckey who wrote (1791)	3/17/1999 11:24:00 AM
From: Mark Hollenbeck	Respond to of 5821

yeah we are back at 2.80

To: Buckey who wrote (1791)	3/17/1999 11:25:00 AM
From: SwampDogg	Respond to of 5821

Are more results expected in the next couple of weeks?

To: Buckey who wrote (1791)	3/17/1999 11:33:00 AM
From: mineman	Read Replies (1) \| Respond to of 5821

600 m X 100 m X 2.3 m = 140,000 sq.m X 2.7 t/sq.m = 370,000 tons. It is very early in the drill program, but the one zone appears small and uneconomic. 8% Ni = 160 pounds Ni/ton X $2/lb = $320/ton nickel $320 X 370,000 tons = $120 million (U.S.) gross nickel metal value Factors which could change this estimate: The zone's width could increase down plunge to the east. The zone could be well over 1 km long instead of 800 m. There could be a series of further zones of similar grade. But the results to date indicate the zone will turn out to be high-grade but relatively small and uneconomic.