Bullboard - Stock Discussion Forum 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... see more

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Nickelex Resource Corp > Trenching begins at Livramento.

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Post by OldGold on Nov 10, 2020 4:07am

Trenching begins at Livramento.

They have started digging trenches at Livramento so the geologists can test for the extension of the primary ore vein. I believe the trenches are over 400 meters from the last excavation that was following the vein.

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Comment by GoldenEra on Nov 10, 2020 12:43pm

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Comment by mferguson71 on Nov 10, 2020 2:06pm

I came across a company called Orsu Metals v.OSU that is producing a small amount of gold as well. Sounded simliar to what the plan with Valterra is, except Valterra owns their mill instead of getting a third party to do the work. I'm not 100% sure on how much is produced and what the split of that revenue is, but in my mind it was numbers that were on the lower side of my expecations for ...more

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