Spider Resources Inc. is the Pioneer Exploration Company in the James Bay Lowlands of Northern Ontario, exploring this area since 1993. Spider’s Exploration team headed up by Neil Novak, a Professional Geologist is responsible for the discovery of 3 Jurassic aged Kimberlites (MF1, MF2 and Good Friday) all within a few kilometres of Ontario’s first operating diamond mine; Victor owned and operated by De Beers Canada.
as of September 17, 2008 Issued and outstanding common shares:389,545,100 Outstanding Stock Options:14,885,018 Outstanding Warrants: 39,883,333 Total: 365,080,118
BIG DADDY EXTENSION Please click here to view an animation of the Big Daddy deposit. In the image, the green lines represent the drill holes already drilled that have intersected the Big Daddy chrome deposit, the red lines represent proposed drill holes. The red 3-d rotating image is the Big Daddy chrome deposit using a 10% Cr2O3 cut off grade, it morphs into the higher grade purple image that is greater than 30% Cr2O3. The horizontal contour coloured image is the gravity contour map, that suggests the Big Daddy extends beneath it.
Spider Resources featured
on the Biography Channel Click here to view the video feature.