- VTEM Geophysic - 3D inversion modeling - Prospecting and sampling - 3,000 m of drilling - Short term investment: $0.5 M
Program Objective:
- Measure resources of more than 1.0 m tonnes (~ 1.0% Ni; 0.5% Cu; 1.5 g/t PGM) Results: - Last results include:
* Inferred Resource: 570,000t at 0.8% Ni, 0.5% Cu, 1.0 g/t PGE (pre NI 43-101 – Flanagan McAdam 1988 internal estimate) * Intersections: o 1.5% Ni, 1.2 g/t PGE over 6.8 m o 1.0% Ni, 1.0 g/t PGE over 11.9 m o 36.8% Cr2O3 over 2.8 m * 4,945 hectares recently staked (5,233 hectares total) * Previous drilling intersecting 16.2 m of 0.8% Ni, 0.5% Cu, 2 g/t
PGM
- drilling results: starting Q1 2007 History: 1968 Anomalies detected with drilling program 2005 Claim area increased by more than 80% 2006 Evaluation program ($250,000) Four anomalies identified by VTEM Geophysic
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