We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon
Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Doubloon, share your opinion; still, it appears that WOLV BoD takes a long time to learn their lesson .... how about this one? saw this theory put forward for another "puzzling" exploration situation on another Cu/Ni exploration project: The conductor (ore body or other) could be vertical. This might explain the "ghost" reading. A very strong vertical conductor (along with some other factors) could off-set the EM survey. A vertical structure would also make a more difficult drill target, and that would explain why the results of the drilling haven't confirmed the Strong EM readings. An accurate 3-D model will quickly prove or disprove this theory. In any event, it appears JV will be necessary to get to the bottom of this....
I agree entirely. There have been very direct discussions with Abitibi Geophysics and they stand behind their findings. So a vertical anomaly could be possible or a large deeper anomaly that is casting a shadow upward is also a possibility. Bottom line is they need $1 million to do a drill program, so that is the plan, to bring in a joint venture partner. This property is far too important and the climate is not right to try and do this alone.
Here is another view of grid two, each I.P. slice is set one over the other so you can see the high chargeability at a progressive angle across the grid. There has to be some company out there that would want a 50% joint venture at a bargain basement price.
also would have liked them to use more advanced geophysical methods (VTEM or ZTEM, see LBSR in Alaska) to validate & further enhance their understanding of what's in the ground. It just seems like WOLV management spent a lot of $$$ on drilling instead of delineating the most promising locations with different/more advanced geophysical methods first, and that happened three years in a row basically (2010, 2011 & 2012 drill campaigns). maybe it's time for some fresh blood at the top & a geophysicist more in tune with cutting edge geophysical methodology ?