GREY:NATUF - Post by User
Post by
prospector7on Apr 28, 2009 2:16pm
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Post# 15950344
RED ZONE
RED ZONEPeople will start to understand how important the new intercept is and we will be happy that we own NTC for a number of reasons
The above figure illustrates that the mineralized intersection (red zone) is significant as there have been no sections drilled from underground to the west. The mineralized intersection is above and north of the zone currently being drilled (in blue). The area in green is the current mine workings and shows the limit of what was previously thought to be the extent of the mineralization.
WHAT I GET FROM THIS IS THE GREEN AREA IS WHEN WE were trying to figure out how to get to MT in a hurry to the point where NTC was thinking of taking 180 loads a year out over the North Canal forget that plan. Then came along the good news of the new intercept which gave me hope because it lengthened the life of CT in Blue you can see they have drilled into it a bit. Then the huge news just a few weeks ago is another intercept is the red.
All this adds up to an incredible working mine by the looks of the area unmined NTC is in no need of help and could finance MT over the years while still operating CT at lower costs because it is closer to market do your own DD it also looks as if the red zone is above the blue zone which means cheaper recovery costs