SGQ 6.25% 2.6¢ st george mining limited

O' ye of little faith, page-182

  1. 316 Posts.
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    PATIENCE IS THE KEY at this critical moment.

    I'm not a Geo but I read somewhere says:

    "If mineral exploration is like seeking a needle in the haystack, exploring for a nickel sulphide deposit is like trying to thread the eye of that needle."

    There is a good reason why large, high-grade nickel sulphide deposits are very hard to find – this type of deposit presents a very difficult exploration target. A typical nickel sulphide deposit presents a target that is 100 to 1000 times smaller than a traditional hydrothermal ore deposit in size. In Voisey Bay Canada case, a hole drilled in early 1995, just before the remarkable discovery hole VB-95-07, actually passed within a few tens of metres of the Ovoid zone, but returned essentially no indications of nickel mineralization.

    Another example, read from Newexco website on Spotted Quoll discovery:

    "This high grade nickel deposit remained undetected for over 35 years despite diamond drill testing by previous explorers. "

    You never know what fortune will bring to us from MAD79...
 
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