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The Company has three main projects: a PGE project in Montana's Stillwater District; a copper project in California's historic Moonlight Copper Mining District; and a nickel-copper-cobalt-PGE project in Ferguson Lake, Nunavut.
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Message: New Areas of Interest

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Re: New Areas of Interest - lanny9

posted on Mar 06, 09 06:44AM

I believe that Vtems will penetrate to 400 metres. This was as of a few years back, I don't know if they have been able to get them to read deeper. The reason why I ask this question is because if you look at the geophysics that they have on the website you will see another parallel structure(or pods if they don't run deeper) in between. They run from SW to NE, just the same as the Y Lake and Ferguson lake deposits. It would make sense that they come from the same area since they run just like one another. They need to find the source, a source could end up being very high grade(like Voisey Bay's ovoid). If they are from the same source it may be possible that all of these anomalies are connected much deeper. I would like to know if management thinks this as well? I remember the 119 extension had ground geophysics done and they show that the anomaly is very thick and has very high readings above 2000 siemens. This area runs for another 3 kms SW and was still open. Could it run all the way to the Y Lake area? In previous NRs they say that this 119 extension runs to the south discovery zone(which is a different structure) where it turns further in a southerly direction.

Now looking at the little geophysics that is made available on the website, along with Mr. Douchane's reply yesterday points out that SRU could have another mine site to the south. But the question is, do they have a source on the property? And are these anomalies connected underground somewhere?

I guess what I see is a bunch of parallel structures running from SW to NE. Common sense would suggest that they come from the same source or is it just coincidence that they run in the exact same direction?

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