Ni, Co, Cu, PGM, Au Properties in Ontario Canada

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Message: Re: ... Wish I did!!!..beer talk
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Jan 21, 2010 03:52PM

Hi Traps,

Yes, the magnetic trend particularily these intense magnetic highs are more then likely our heat source for the flow/concentrating of our Ni ore on the Groves property. I haven't studied the Groves geology so I can't say for sure.. but that is geophysics/drilling 101.

It is just a matter of LBE getting the drills on the property to get an idea of geology vs the geophysical responses.. and start drilling up a resource. I'm very excited to see how big of a resource LBE can add up.. as the mineralization to date is right at surface.. and will be easy to open pit.

I took a look at that pic on slide 4. Hard to say what that pic is. Could be a pile of rubble/mine blast rock (from the Emperior Shaft) or... several other things like a rubbly top of a VMS pipe.. etc. I'd have to study that deposit to get a better idea.

Now that we are in commercial production on both sites... won't be long till LBE has the extra cash to start drilling up some additional resources/reserves. Should be an interesting year.

Quaz


Jan 27, 2010 12:20AM

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