GREY:LBEFF - Post by User
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Buxom1on Nov 19, 2007 7:49pm
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Golden Chalice NR - Langmuir Nickel Discovery
Golden Chalice NR - Langmuir Nickel DiscoveryI am curious if this is anywhere close to LBE? Any and all feedback appreciated!
-B1-
According to Stockhouse on the Golden Chalice Website:
https://www.stockhouse.ca/news/news.asp?newsid=6219782&tick=GCR
"Golden Chalice Resources Inc.: Latest Technology Brought To Golden Chalice Langmuir Nickel Discovery
11/19/2007
Nov 19, 2007 (M2 PRESSWIRE via COMTEX News Network) --
announce that Geotech has recently flown more than 2,700 kilometres of airborne geophysics over the entire Langmuir Property located 35 kilometres southeast of Timmins, Ontario. The new airborne survey was conducted with Geotech's improved B-field VTEM system and has resulted in better conductor definition in the area of, and on strike with, GCR's Langmuir Nickel Discovery. The survey has produced more than 25 distinctive drill targets which are scheduled for modeling and analysis in preparation for a winter drilling program. Most of these targets are on strike with the discovery zone with many being similar in strength and physical properties to the airborne anomalies associated with the nickel discovery.
Two drills continue to test the Nickel Discovery. The nickel mineralization occurs within a thick package of peridotitic volcanic flows. Multiple flows rich in nickel mineralization with elevated platinum and palladium have been intersected by drilling to date. This favourable flow horizon has been intersected for over 350metres along strike by drilling. The flows continue to be open along strike and at depth. The Company expects to announce additional drilling results next week.
Peter Caldbick, P.Geo., and Kevin Montgomery, P.Geo. are the qualified persons for the purposes of National Instrument 43-101 for the Company's Langmuir Project."