Re: To Sell Windfall or Put It Into Production
posted on
Apr 04, 2008 08:17AM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
They can't help digging gold. They were drilling shallow for portal placement and hit gold up high.
There is more gold there than the NOT initial hit. Lets get that straight. If you were to go back and read the MUG and FWR NRs you would find that they have hit gold of some measure every time they drilled. Fromm the north end to the south.
They have two good sized deposits on the east bottom of Winfall near the ramp that they want. This gold is on the optioned land.
The reason the ramp is so long is because they have so many places to grab gold from. That last NR re Windfall was a doozy.
As Miskealp says, they are pulling gold out of there now. They can't help it. They have to set it aside because there is so much gold there. There may be potential for some open pit.
They will be hauling several truckloads over good road and I believe they don't need go far. One of the longs will remember all this.
Those truckloads of gold will pay for everything! It is not just one hole. If you believe that then I don't think your dd has been done right. This is not directed at anyone special. But its a fact. Anyone long knows there is gold all over that area and in all probabilty NOT will wind up picking up more Windfall property as drilling moves forward later. I believe MUG hit early this winter or not too long ago at the north end ow Windfall with decent numbers...Don