HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

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)

Free
Message: Further Comments re Hard Assets Conference
61
Nov 30, 2008 06:22PM

Further to the previous message, the same poster has added this news:

Again, thanks to jrichm99



Re: Hard Asset Report

Posted by: jrichm99 on December 01, 2008 12:21AM

In response to: Re: Hard Asset Report by hoov

Lar

I think the deposit does come to the surface but is covered by overburden. They also had some nice new cross-sections through -01 and -10 and -03, -04, -05. These sections show a nice consistent sequence of the chromite layers ( massive, banded, etc.), shallow and deep. -04 did not intersect any chromite layers, just ultramafic rock. There could be several interpretations, they show a fault truncating the chromite just above the -03 intercept, which is what I speculated. Mac speculated that it could be a xenolith(a large boulder-like chunk of rock) carried up by the magma from deeper in the crust.

I would think that the section is overturned by some intense folding of the strata by tectonic forces, after all there has been many 100's of millions of years since these rocks were deposited, plenty of time for these rocks to get twisted up pretty good. I hope that Mac gets these new maps posted to the web-site, they are impressive. As the saying goes, a picture is worth a thousand words... or is that a '100 million tonnes'!!

I am able to upload pictures to the hubs where I am Hub leader but I don't have those abilities here, the upload photo button is inactive for me on the FWR hub.

Just one other thing, a layered mafic intrusion is one of the rarest geologic formations to be exposed at the surface. For me it makes the potential for PGE, Cu,Ni so exciting, chromite is the common thread. Also many of the chromite deposits on the planet do not have the thickness of Black Thor, not even close to 100 meters, IMO I really think this is a special chromite deposit.

Not investment advice.


Share
New Message
Please login to post a reply