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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Comment by goldhunter11on May 03, 2019 3:13pm
168 Views
Post# 29708443

RE:RE:RE:Sprott, weekly wrap-up 3 May 2019

RE:RE:RE:Sprott, weekly wrap-up 3 May 2019upriver,
You certainly have a keen eye for this stuff.
I saw the area too, but I paid more attention to the other larger green boxes for the holes (029 and 063), until I noticed the caption indicating "Bonanza" Intersection. The company should have used a different colour for the smaller green box, or provide a short discussion to alert casual readers.
 It looks like this box would be where the next blast would take place when they need more money for exploration (send driller Henry Dole over ). From the company's point of view, perhaps it would be cheaper just to keep the bonanza stuff in-situ (in the ground) so that there would be no need to provide security guards for the loose stuff above ground.

Note additional results (pretty decent) for the area is now avallable, see hole 059. Also, see hole 069 the short hole (~60m, they are trying to home in and confirm the results of hole 029) seen hidden behind the yellow doughnut for hole 029 in Fig 2 of the 22 Jan NR. This area is about 45m from the drill platform  on the WFN Decline (and a few m below the Decline), hence it would not present any problem if the company want to get to it and scoop up the bonanza grades.

Similarly, the A-zone has another bonanza grade area (hole AZ15-013) jsut 7m below the FDV. Same strategy, leave it there for now. Just wait until the mill deal has been wrapped up and the high-grades could be blended with the low grades from the open pits for extracting Au from the lower grade ores.
GH11
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upriver wrote: MnM the news release is relevant if you take the time to read it and understand it. and they have found another living room. they even made it into a big green box on figure 3 map for those who don't read. if you read the spread sheets and review grades and widths while viewing the maps you will get a better understanding of what is here. this mine is going to be profitable very soon. But please exit on the next run up so we dont have to listen to you whine anymore.


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