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Re: phil25 post# 58466

Sunday, 07/19/2009 8:51:14 PM

Sunday, July 19, 2009 8:51:14 PM

Post# of 165858
Sarissa redrilled 9 holes in the area that Gulf drilled 63 holes in the 50's, Zone D. They themselves outlined 12.6 million tonnes of material @ .4% Niobium.

The results are posted on their site and were right in line with what Gulf reported. So basically they confirmed what Gulf did and increased the size because they went further down.
This is a must read PR.
http://www.sarissaresources.com/pages/posts/summary-of-sarissa-resources-inc.-winter-drill-program-at-nemegosenda-property61.php

Also in the 80's a company found old drill cores from previous drilling and retested them, they proved the older data. That is in the SE Zone.

So Scott has all this info, all he needs to do is put out the first NI compliant and show the mining world. With latest PR it shows they are moving right ahead with more drilling to reprove or confirm both zones.

As for why it was not pursued by Gulf, Niobium had very little use back then.

Another point you should know, Scotts grandfather founded Teck(the multi-billion dollar mining company) back in the 40's after leaving Gulf Dominion and using some of their airborne magnetic surveys.

Start reading into the PR's and you will start to see a clear picture of what is really going on here.