About to Explode? FIREBIRD RESULTS ARE PAST DUE
https://resourcestockdigest.com/archives/interviews/alx-resources-tsx-alotc-alxef-ceo-warren-stanyer-on-visible-gold-exploring-for-nickel/
Warren Stanyer: Well, it's an exciting time for the company, in this regard, we have a little bit of waiting that we have to do. We're going on the ground in May. We are checking, ground-truthing some anomalies. Anyone that looks at the maps will say, "well, where are the anomalies?" It's Because we're not publishing where they are right now. But what we're trying to show is the fertility in the Northern part of the project, where we flew, we've got more than a dozen targets in the North that fit the model for a magmatic nickel sulfide target. They're discreet. In other words, they stand out from the host or the barren rocks, the country rocks, as we call them, that we know are barren. They stand out because that's how these things were deposited, in a magmatic, a volcanic eruption, interacting with the local rocks and then the nickel and all these sulfides were all deposited in these blobs.
We hope, we know there's nickel on the property. It's not like this is totally grassroots, but we have concentrated in an area that's never been drilled. Whereas, all the other explorers, they went to the low-hanging fruit, which was the Access Lake deposit, the Ray Lake deposit. And those two deposits. Yes, they have strike length. Yes, they have some tonnage, in non-compliant tonnage, but the grade and tonnage was never high enough, a 0.6% nickel. Okay, if you had 50 million tons of that, then maybe that has a chance, but it's less, it's way less than that. It's less than 5 million.
So, what we're after and what Rio tend to recognize, is a Voisey's Bay model, is a high grade blob model, call it that. And they're willing to take this chance. And this is a bold move by them. I mean, we're doing eight holes as the first phase. If we have success, then the lid is going to come off. And there will be a lot more drilling, is my prediction. Why would they sit on it? They want to find nickel. They want to find it now. And they're looking for new discoveries. Everyone is hungry for new discoveries, not some property that's been around and known for 50 years with people drilling new and longer holes into it. This is exploration at its finest. That's all I can say.