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


To: Brumell who wrote (2697)3/30/1999 11:54:00 PM
From: Enigma  Read Replies (2) | Respond to of 5821
 
Bob - haven't been following the drilling details - but how deep is this stuff - is it a potential open pit situation or underground? Excuse my ignorance. dd



To: Brumell who wrote (2697)3/31/1999 8:52:00 AM
From: mineman  Respond to of 5821
 
Brumell, you need to look at the economics of the project at each step. There may be other small lenses of high grade nickel within the gabbroic body, but none have been intersected in the holes released to date. Also there was no mention of "visual" sulphides in any of holes 10 to 18.

Overshadowing this is the fact that 5 released drill holes around the high-grade pod under hole 4 and 6 did not intersect the pod and the only direction that is currently open is to the southwest.

Hole 7 was a huge dissapointment as it was expected the high grade zone would continue towards the center of the gabbroic tubular shaped body and even possibly thicken. But hole 7 showed the high-grade nickel is cut-off towards the north-east.

I don't believe anything said is pure conjecture and in fact all comments add information to an enlarging database of the current and future prospects for this project.