From Gometals.ca website.
(HSP Nickel Sulphide Project Quebec(Slide Deck))
HSP Size Comparison
Aguablanca
• World class mine in Spain
• Primary metals: Nickel and Copper
• Magmatic sulphide hosted in gabbro
• South zone 400m X 100m to a depth of 600m
• North zone 125m X 50m to a depth of 300m
• Avg. Grade: Ni: 0.63% - Cu: 0.47%
• Measured reserves: 14.9 Mt1
Go Metals HSP
• Drill ready project in Quebec
• Primary metals: Nickel and Copper
• Magmatic sulphide hosted in anorthosite and gabbro
• 6 mineralized EM targets at surface
• Range from 200m X 200m up to 700m X 540m
• Avg. Grade: Ni: 0.42% - Cu: 0.56%
• Exploration stage
*2002 article* https://www.gsnv.org/shop/aguablaca-a-new-nickel-mine-in-a-potential-new-ni-cu-sulfide-and-iocg-belt-in-southern-spain-and-portugal/ Aguablanca open pit mine is expected to achieve an ANNUAL production of 18 M lbs of Ni, 14 M lbs of Cu and 20,000 oz of PGM (Platinum Group Metals) for a period of 10.5 years.
Average 2022 nickel and copper prices puts value of minerals at $198million annually.
x10years = $1.98 billion
GOCO.C with just 1billion buy out, 25mill float would = $40.00 a share.
- RIO TINTO (Mkt cap 89.5 billion) already has a titanium mine & railroad that connects to the Gulf of St.Lawrence, just 50kms south of Go metals HSP site. *Easy 1billion buyout*
- Go metals HSP is located 15kms from a major hydro electric dam.
Food for thought. Looking forward to the assays.
DYDD.