the goose has landed, page-4

This lot could do OK from the nickel if they get their act together quick smart. TTR did very well out of their RAV 7 nickel mine for a number of years - helped sustain them while they worked up their Phillips River estate (which btw seems to be a bit of a yawn right now).

I like FML for the gold though- check out the grades and widths (not really clear as to whether they are true widths though) from their 121207 release to the ASX (see below)

(The following extracted from ASX report 12th December 2007)

• Grade control drilling delivers better-than-expected grades with best assay results including:

- 9.1m @ 87.28g/t Au (including 1.3m @ 273.02g/t)
- 4.4m @ 58.23g/t Au
- 11.5m @ 27.09g/t Au (including 2.7m @ 65.64g/t)
- 13.1m @ 16.23g/t Au (including 3.7m @ 56.85g/t)


• 26 holes out of an initial 49-hole drill program completed, with all holes assayed to date either confirming known widths or intersecting wider parts of the lode.

• Drilling confirms the presence of a narrower footwall quartz-sulphide zone approximately 10m below the main lode with potential for high grade zones.

• Further step-out grade control holes planned to locate the extremities of economic mineralization.


jmo dyor