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To pick up on one of the points in your lenghty post:
"The Company also participated in an airborne VTEM survey, recently carried out by Freewest Resources Canada Ltd. Parts of the Fancamp ground were covered by this survey which is notably more powerful and deeply penetrative than the AeroTem II. Only partial results are available as yet, but the Company can report strong conductors at depth beneath, at least, the NE sector of the very large, complex magnetic anomaly located in the northern part of the property, an anomaly which showed no conductivity on either the Geotem survey of 2003 or the AeroTem II survey of 2007. This new finding is of potentially immense significance, given its size and proximity, along the regional structural trend, to the Eagle I discovery itself."
Back a couple - three years ago when Probe drilled on the upper part of FNC's property they were working off the old AeroTem data, and were looking or expecting the Anomalies there to hopefully show Zn/Cu mineralization. What has changed since then is that Noront fould DE1 just 500m - 1000m to the West when drilling under the same basic set of assumptions and with the same basic Geophysical data. Now, with the application of these other various Geophysical on this area even FNC is seeing much more clearly where the best target locations are to be found. Consequently, I would hope that they will put at least part of their currently proposed Drill Program into testing the new understanding(s) they have developed based on the new Geophysical data in hand. Could very well be that they could quickly greatly expand the dimintions of mineralization associated with DE1. This would be massively significant on it's own as well as for expanding the data base on mineralization with respect to the "Pluton" Foot Wall aspect of the general Geological surrounding (to the North) the RFI.
Recall that DE1 has been described as being contained within the Intruding Pluton and the Southern extent (as it is known so far) of DE1 appears to be entering a Shear Zone, as described in earlier Noront NR's . And that Shear Zone, I interpret to be the RFI boundary area. Conesquently, the lower portion of the FNC property is very likely part of the Greenstone country rock and would form part of the Hanging Wall with respect to the RFI. A different rock environment.
Old Joe
Old Joe
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A video interview with Mr. Nemis discussing latest company accomplishments.
