Xstrata are investing alot of money right now at their Raglan project ...they found new zones....yesterday's NR
Exploration results at Xstrata Nickel’s Raglan operation in northern Quebec have confirmed Zone 5-8 as the largest mineralized zone in Raglan’s history, adding an estimated 4.5 million tonnes of inferred resources in 2007, up from the 2 million tonnes of resources previously announced.
What they found: Zone 5-8 now contains proven and probable mineral reserves of 0.8 million tonnes at 3.02% nickel and 0.80% copper, measured and indicated mineral resources of 0.4 million tonnes at 1.30% nickel and 0.35% copper, and inferred mineral resources of 11.5 million tonnes at 3% nickel and 0.8% copper.
What Noront found:
20 drill holes: probable mineral reserve 7,000,000t of high grade NI,CU,PT etc...... and more to come....this is WONDERLAND!