Spoke to Dave today about the drilling... The locations of each hole would have been good and his interpretation of what was found and what he is looking for would be good to have in an executive address or more info on the website.
What he mentioned is that he drilled an anomoly to the south east on the property... What is hoped to be the extension of DE1. The airborn provided a target location at a depth of 400 meters..... 1250 ft down...
The drilling was at a 70 degree angle and steped back to intersect this potential target .... Unfortunately the target location was not acurate, and the peridotite was hit sooner than expected, at about 300 meters ( Down obout 275 M vertical) thus technically he overshot the target.
Now to better define the next round tighter spacing will be done with the VTEM, as well as ground loop and down hole at the time of drilling.
Frm NR: " Diamond drill holes MW-02 and MW-08 identified a thick (over 80 metres) peridotite intrusive body, which closely resembles the host peridotite of the Eagle One nickel-copper discovery.
DE1 is an ultramatfic intrusion, and thus the magma was pushed into a plum from the earths core. Now if this is the same intusive body there is a good posability that at depth there are massive sulphides such as DE1... The location at depth also is interesting as it is much deeper than NOT drilling thus far, and the signature from the airborn has yet to be identified.
From NOT NR:
"ASSAY RESULTS -- HOLE NOT-07-05
From To Int. Cu Ni Pt Pd Au Ag
Hole (m) (m) (m) (%) (%) (g/t) (g/t) (g/t) (g/t)
NOT-07-05 7.0 124.4 117.4 2.2 4.1 2.09 7.13 0.42 6.3
including 47.4 115.6 68.2 3.1 5.9 2.87 9.78 0.61 8.5
including 112.6 115.6 3.0 10.9 8.65 40.79 14.57 9.39 8.7
------------------------------------...
Clearly this story is not over, infact it has barely begun..... only the investors have changed... the nervous have been scared off by the thunder and the old resource investors are waiting for the drill to tell the story.
If anything we are closer now to a strike than ever before...LOL
I just hope that RN does not make a move on us while we have our backside exposed.
