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

To: 4TNiner who wrote (2127)	3/22/1999 8:33:00 PM
From: mineman	Read Replies (1) \| Respond to of 5821

4T9r, a 2.3 m thick 8% nickel flat-lying zone 66 m deep would not pay for the shaft or spiral-decline for the relatively high-cost room-and-pillar extraction mining. The deposit is worth squat at this point!! Does this zone extend another 100 metres? We don't know but if the 100 metre wide zone does extend for another 300 metres along strike without thickening it is still worth squat because there would not be enough tonnage to pay for mine development!! At present the high-grade sulphide bed is too deep, thin, and narrow to develop economically viable tonnage. However if it thickens watch out!!