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

To: 4TNiner who wrote (1947)	3/19/1999 9:38:00 AM
From: mineman	Respond to of 5821

If the 60 metre thick 1% nickel bed plunges at 40% it will get too deep and preclude economic open-pit mining. However the strong 500 metre long east-trending I.P. anomaly indicates the zone perhaps does not continue plunging a 40 degrees and in fact flattens out. If this happens the open-pittable scenario becomes more possible. If the high grade 2.3 metre wide zone also plunges at 40 degrees but does not widen or is not one of a series of high grade zones, then it does not appear it would be economic to mine. These are a lot of "ifs" that will only be answered with drill results.