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)

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Message: Re: Does not make sense... oh the irony
6
Jul 21, 2009 09:03PM
9
cos
Jul 21, 2009 09:34PM
1
Jul 21, 2009 09:37PM

BHEM only works well if the hole *misses* the sulphides. Imagine it this way: You want to know how big a cloud is. Where's the best place to do this? *In* the cloud? Heck, no! You have to be outside the cloud to be able to see how big it is.

So the irony is that Noront was *trying* to miss, in order to stand back far enough to get a perspective of how big and what the shape of the sulphide "cloud" is, so that they will know better how big the deposit is and how best to drill to get a NI43-101 done without missing a lot. That they hit, sulphides, oh well. They will burn a little more money than they had hoped. What is really interesting to me is that they continued to drill even after they brought up cores that had visual massive sulphides. Could it be that they were too excited to pull out in "drillus interruptus"? :-)

1
Jul 22, 2009 07:04AM
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