Welcome To The Spider Resources HUB On AGORACOM

First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: NOT vs SPQ

Thanks Snug,

as of Dec 15 08 news, we still have visual results....BH





....PENDING ASSAY RESULTS

The following table (Table 3) summarizes the intersections of the last two holes completed on the project just prior to the shutdown for winter freeze up, These two holes were designed to test the continuity of mineralization at a 100 meter stepout interval towards the northeast on local grid section 13+00 NE. Massive Chromite was intersected in both of these holes confirming chrome mineralization extending to the northeast. The following table provides visual descriptions of the core as noted by site geologists and recorded in the drill logs. These are visuals only - assays are pending on these two holes. Once all assays are received, downhole assay grade intervals will be released along with hole collar locations on the local and UTM grid for these as well as earlier holes where collar locations have not yet been reported.

Table 3 Recent drill results, observed mineralization, assays pending

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initial from
Hole ID dip (m) to (m) Int. (m) Visual observations
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FW-08-22 -50 deg 250 256 6 Disseminated Chromite
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256 263.6 7.6 Semi Massive Chromite
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263.6 298.8 35.2 Massive Chromite
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FW-08-23 -50 deg 265 269.7 4.7 Disseminated Chromite
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332.3 378 45.7 Massive Chromite
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The widths of the chromite beds stated in Table 3 are drilled intercepts only, not true thickness. True thickness will be determined once additional drilling is completed and the deposit is modeled. The main massive chromite bed appears to be continuously mineralized over an apparent thickness of 35 to 45 meters on this section. Notwithstanding the foregoing, visual observations are estimates only and pending assay results may not confirm visual observances in whole or in part.......



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