RE: RE: Remember ...Nelson211Don't kid yourself here , these guys wern't halted for 1/2 year andnearly out of business because nithi has a great resource and it's goingto be mined , blah , blah .....you ask absurd questions which arepointed to illicit absurd over simplified or obvious answers .
we all know these 43-101 reports can be slanted one way or the other ,lwc's conspicuously omits REAL hard rock data of the actual drillintercepts for depth / grading but just gives general overview that canbe VERY misleading to the novice investors , like you and is reallytelling in it's worthless generalities and vagueness.
although there were a few holes that intercepted near surface or good grade , MOST WERE NOT !
79 holes of garbage
and there is NO comparison to endako's 3 huge pits.
this little property may someday in 5-6 years show some promise afterthe recommended 200 holes be drilled to further the resource but as thecompany stands now , IT'S A JOKE the way you pumpers carry on that thiswill be mined on the bit of info so far .
here's from the 43-101 ;
pg 17
In total, 79 diamond drillholes have been completed to date on the Gamma Zone (Figure 6);
pg23
16. Mineral Resource and Mineral Reserve Estimates
Based on a review of the drilling data obtained to date, the author estimates the Gamma Zone
contains an inferred resource of 84,316,000 tonnes grading 0.028% Mo (0.047 MoS2).
pg27
20. Recommendations
Based on the results of the 2007 drill program, additional drilling is recommended, including:
grid drilling on 100 m centres on the Delta, Sigma and Theta. The Gamma Zone should be
drilled off at 50 m centers where required. In order to accomplish these objectives,
approximately 200 additional diamond drill holes are required. Based on an estimate from 79
diamond drillholes, sections were constructed and resources blocks were determined. The results
from this analysis, allowed an inferred resource for the Gamma Zone to be determined as
84,319,900 metric tonnes grading O.028% Mo (0.047 MoS2) to be estimated. Further drill testing
consisting of 50 drillholes will be required to fully outline this resource and to allow this
resource to be elevated to the inferred category.
Further diamond drilling on the Gamma Zone and further drill testing on the Delta and Sigma
zone is recommended along with initial drilling of the Theta zone. In total 200 drillholes are
proposed as the next phase of drilling on the property (Figure 7, Table 6).