PNM 0.00% 2.4¢ pacific nickel mines limited

Last few years have required some patience, but allthe work done...

  1. 97 Posts.

    Last few years have required some patience, but all
    the work done looks to be coming to a head (over the
    remainder of 2007)

    Would be nice to see Gary Lowder get carve another notch on his tool-belt.

    Conrad (Silver + base metal)
    - Drill results start this month.
    - Flow of Results to continue for remainder of '07.
    - Should have a JORC resource estimate by year end.
    - Goal is to have 50Moz Silver equivalent resource by
    year end.

    Sheep Station Hill (Tin + Copper)
    - Bulk sampling should be completed by May.
    - (will give a good indication on Tin grades, and
    if it's viable to mine the copper).

    Newstead (Tin)
    - Drilling after Sheep Station Hill.
    - Should have results around June/July.
    - (This one's a bit of a wild-card).

    Tooloom (Gold)
    - Flow of drill results start around end of May to
    early June.
    - Looking at a couple of new exciting targets.
    - The target just north of Phoenix looks promising.

    Mt. Isa (Base metals (namely copper) + possible U)
    - Should start getting news/drill results after June.
    - Goal is to define a resource and get
    mining/producing at Mt. Lidster ASAP to create
    cash flow for more exploration. (this is hoped to be
    achieved sometime in 2007).
    - Volga Elderberry is also looking promising.
    - Had good hits of Tin in the past.
    - Good potential for IOCG deposit (Ernest Henry
    type deposits)
    - Has similarities to Mary Kathleen (35Km away).
    Someone say the 'U' word?

    With the amount of reporting planned for the rest of
    the year, I hope MAR have had their fax machine
    serviced recently.

    Come'on Gary, give us one more big "Hoorah" before you
    decide to hang up your rock pick!

    Watko

 
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