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Nickelex Resource Corp NKLXF


Primary Symbol: V.NICK

Nickelex Resource Corporation, formerly Valterra Resource Corporation, is a Canada-based resource group company. It is engaged in providing exploration, administration, and corporate development services for its operations. Its operations include Swift Katie gold/copper property and Thompson, Manitoba nickel properties. Its 100%-owned porphyry/shear-hosted Cu-Au-Ag Swift Katie property is located approximately seven kilometers (km) south-west (SW) of the village of Salmo, British Columbia (BC). The property consists of over 19 contiguous MTO mineral claims, which covers an area of approximately 83 square km. It has an option to earn up to an 80% interest in the Moak North and Wilson Mineral Exploration Licenses in the Thompson Nickel Belt (TNB), Manitoba (the licenses). The four licenses are located 30 km north of the Thompson Nickel Mine and cover an area of approximately 30,283 hectares. The Company, through Pilar Gold Inc. and Laiva Gold Inc., has operations in Brazil and Finland.


TSXV:NICK - Post by User

Post by OldGoldon Nov 29, 2020 4:18am
945 Views
Post# 31996182

Gold in veins under a haul road.

Gold in veins under a haul road.Well, it looks like Richard was right, the new veins are hosting gold. Still no idea of grade, they will know but we will need to wait for an announcement to find out. The slide showing the position of the new veins really brings home just how big this project is. The old owners have barely touched it, years, and years of mine life still there. I find it extraordinary that the old owners where driving over the veins, Richard and Paulo, our ex Anglo geo, have just found. They seem to be finding new veins very regularly, and they haven’t even started drilling. Sometimes I think, why is it taking so long to get steady production happening, but in mining terms, things are moving very quickly. I guess in this day and age we expect far more than is realistic, instant gratification. I do take my hat off to them, Richard in particular, for putting some of his valuable time into at least trying to keep interested people up to speed as to what is happening on site. Most companies announce that they will do this that or the other and you must wait months to find out if it has happened or not, sometimes you never find out.






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