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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Comment by m8magicon Sep 16, 2018 9:31pm
241 Views
Post# 28630107

RE:RE:Sept 16th News out!!

RE:RE:Sept 16th News out!!Also not yet disclosed is the total of gold that was left from the first round over and above the large stones....that total in smaller pieces once announced in itself is a gamechanger...


Geodan2 wrote: It is still open, they found two more huge nuggets and the gold in face is still there

 "The Fathers Day Vein delivers additional gold and cash flow from this further extension with additional potential up-dip still to be developed. I am looking forward to the production estimates incorporating these additional ounces expected later this week. The Beta Hunt team has done a great job moving the operation forward over the last 12 months and I congratulate every person working at Beta Hunt for the incredible Fathers Day Vein discovery last week. RNC is currently developing plans to unlock the high-grade gold potential of the mine which remains largely unexplored." said Mark Selby, President and CEO of RNC.
 Airleg development resumed last week and began driving towards the current face on the left side of the initial discovery area (see Figure 1) and intersected the structure last Friday (September 14, 2018) effectively doubling the strike length of the high grade coarse gold structure. The structure remains open up dip with a substantial amount of coarse gold remaining in the face (see Figure 2)"

Full report   https://www.rncminerals.com/2018-09-16-RNC-Doubles-Strike-Length-of-High-Grade-Coarse-Gold-Structure-from-New-Development-in-Discovery-Area-Fathers-Day-Vein

This is good news sounds like they came at it from a diffrent direction and the ceiling (updip) still has gold in it and they do not know for how far.   This is about an average outcome after initial find of best bonanza ever.   I am a happy camper. 

And "A 43kg specimen stone containing an estimated 1,100 ounces of gold"

that new nugget is one of the biggest ever found and the pictures in the PR show solid gold still on left face and ceiling (back).  

I would not be surprised if stock goes up based on this news.    Case is they found one of the 10 biggest nuggets in history of world and the left face and ceiling show massive solid gold.   If someone thinks this is bad news they do not know mining or mining investement. 

The 2400 oz nugget may sell for $20 million by itself, there is only one biggest nugget in history and we have Picassos, etc up the ying yang 





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