K, just to confirm your thoughts, here are the numbers from Hole #5:
Hole #5 from (m) to (m) int. (m) Cu (%) Ni (%) Pt (g/t) Pd (g/t)
NOT-07-05 7.0 124.4 117.4 2.2 4.1 2.09 7.13
including 47.4 115.6 68.2 3.1 5.9 2.87 9.78
including 112.6 115.6 3.0 10.9 8.65 40.79 14.57
The table comes out a little off but we had 117.4m of total mineralization which averaged 4.1% nickel. Our best grade was 8.65% nickel over 3m. So now we have 437M of nickel copper mineralization directly under Eagle 1 and I believe it is very possible to have 200M of it in total grading 4% nickel but even if we do not have something so spectacular but have good continuity of mineralization the market will pay attention. If we end up with something better than 4% over 200M, we may see our old highs again within a few months even in this economy. I cannot even imagine the market's reaction if we average 4.1% nickel with all those other credits over the whole 437M...
It is hard to sit back and wait with so much in the balance but I believe the wait will be worth it!
Glorieux
PS: that old NR is still available on Sedar and I enjoyed reading it again. Hope everyone is enjoying a great weekend!!
