GREY:PCCRF - Post by User
Comment by
ghayeson Mar 09, 2001 12:55am
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Post# 3446600
RE: Voiseys Bay - more news.
RE: Voiseys Bay - more news.CUV have a small claim in the middle of South Voisey Bay - which is 90km south of Inco's Voisey's bay mining area.
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The Company’s South Voisey Bay Project located approximately 90 km. south of Inco’s multi-billion dollar Voisey’s Bay, Nickel-Copper-Cobalt deposits has been the focus of an extensive exploration program that began in 1995. To date Donner and its joint venture partners have spent in excess of $20 million on the South Voisey Bay Project.
Work to date has shown that Donner’s South Voisey Bay Project hosts the same general geology as the Voisey’s Bay area, where Diamond Fields Resources made a world class massive sulphide Nickel-Copper-Cobalt discovery in 1995. Diamond Fields was eventually acquired for $4.5 Billion by Inco, the worlds largest nickel producer, in 1996.
Donner formed a strategic alliance with Teck Corporation, one of the worlds leading mining companies on the South Voisey Bay Project.