Re:This is just the beginning/The "FNX StrAn FNX chief geologist who presented this 37 page report:
https://www.mapleminerals.com/pdf/KakoulimaLuncheon.pdf
suggested that the geology and morphology of the KIC can be compared to that of the mafic-ultramafic intrusion that hosts the Jinchuan nickel-copper deosit in northwest China. Jinchuan is the third largest producer of nickel in the world ( behind operations in Sudbury and Noril'sk, Russia) and hosts an estimated 500 million tonnes at grades of 2.21% nickel and 1.71% copper. The Mt. Kakoulima intrusion is approximately 60 km long of which the MPM/FNX property license covers 30 km on the north and south margins.
The best historical drill intersections by Afcan-Semafo in 1997 graded 4.72% Ni, 1.51% Cu, 0.22% Co and 3.0 g/t Pt-Pd over 0.51 metres. Afcan-Semafo continued to focus on the upper sequences and did not explore the lower sequences or the basal contact at the intrusion, which the FNX exploration team believes are the most prospective target areas for nickel-bearing massive sulphides.
"The KIC appears fertile for the formation of nickel sulphides and the basal contact has a favourable orientation for exploration. The exploration program started out based on a geologic concept. We have now verified the concept. The next phase is to hunt for economic deposits," stated Mr. Gino Falzone, President of MPM.