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Gold/Mining/Energy : Flag Resources (FGR.A A) -- Ignore unavailable to you. Want to Upgrade?

To: Stephen Mooney who wrote (1058)	4/9/1999 10:30:00 AM
From: Tim Davies	Read Replies (2) \| Respond to of 4269

the thing that i was talking about is where minerals flow through a zone carried by water. the water follows faults and surounding cracks. ( this makes the clasic viens ), but in this case not only is there heavy mineralization along the faulty, but the fault conects to an ancient reef. In western canada these reefs are filled with oil / gas/ water, and are the sourve of most of albertas huge resource plays. this happened because as the oil was bieng pusshed alond the inter beded plumbing system (faluts and pourus rock) it came upon a reef that is full of open space. The space has been created due to the mineralization of the navive material into dolomite, and its full of huge holes. These beacom full of mineral that are deposited as the oil/ minerals are carried through. inthe case of oil, there must allso be a trap to keep the oil feom leaving, but inthe case of minerals no such trap is needed. So what happens is you end up with a volume of material (about 30 percent) of the total volume of the reef that is filled with minerals. in this particular case it would mean a dolomite that is 30 percent nickle and other minerals. so a ton of rock would have 400 to 600 lbs of minerals. this is quite different that looking for the volcanic mieralization that was the original source. these can be spred over a wide area, such as what may be in flags case, or be in a single intrusuve pipe. in either event. most of these guys still use technology that has been in use for over 20 years.. lol its so ancient that it pre dates the space age.. but minners dont use much high tech .. due to cost. tim