SQ OF EVENTS # 2Premise of phase 1 - 2 MET tests...
Was to
continue and improve on the 2015 Wellgreen 2.5 km zone. Not cover all zones.
If all zones.... let's play this out....wink.
Would this mean all drilled zones could be factored
increasing the overall resource size ( exponentially )
Many more drills were sunk after, 2015.
What about the really deep holes at Wellgreen -
500+m Far East zone - 750m of continuous meters of, PGM + Nickel
Would these big boy holes go beyond the initial 25 yr pit design.
Would they also
validate the inferred zonee, ARE lower domains. lol
Including drill cores from all zones but only 6 of 13 landing inside the 2.5 km zone and only using 1/2 of
the whole core dependent on upper or lower of core sample,
would make the ( 2023 PFS what ? ) Invalid ? YET....
XPS's phase 1 did create a better BULK concentrate
A better BULK concentrate than... 2015.
Therefore, why try to extend the MET studies with phase 2
inwhich went on to.... divide the bulk concentrate that ultimately
ended with 2023 oractical entitlement and = lessor recoveries
evident in 2023 metal payables ?
Moment anyone saw phase 2 recoveries....not just focus on
separation of Ni con + Cu con, they should've compared the
recoverable percentages ( compare phase 1 with phase 2 )
Had they...they'd know that a
BULK con from phase 1 captured more metal percentages = higher recoveries = better for PFS.
They didn't.
If 2015 PEA
only included 2.5 km Wellgreen zone,
And 2015 PEA mentions only including
10% Peridotite...
And if initial pit....
Would it not mean, mining further down....would be the Pit # 5 ?
Hence the really deep holes.
I read it that way.
If we analyze this image, below We can see where Wellgreen zone is....
See
anything odd about this image ?
How about the
boundaries of, Initial pit = 2015 PEA ?
Wellgreen Platinum was
quite exacting when it outlined
the Wellgreen pit.
Only 2.5 km zone.
This image suddenly includes
all zones across the 17.5 km strike. AND.... expands the
pit #5 to a whopping 17.5 im x 15km constraint.
WTH ?
Drilled inferred zones are suppose to be
lower domain of, Wellgreen. Not entire strike of all zones.
Who... drew the overlay on this image ?
Let's play along with this massive inferred constraint.
I will only go 200m deep....lol
17,500 m
x 15,000 m
=
262,500,000
x 200m deep
= 52,500,000,000 billion
x 2.8 ore weight
= 147,000,000,000 billion ore tonnes Wasn't the 2015 inferred
= 846,000,000 million tonnes ( lol )
147 billion ore tonnes
x 0.26% ( i'll only isolate a hypothetical nickel no plats or other minerals)
=
382,200,000 Nickel tonnes
x 2200 lbs
= 840,840,000,000 billion lbs ( hypothetical pounds )
= would be largest world over - make Major deposits look like childs play. So... who drew these constraints ?
What do geologists know that... we don't ?
What would somewhat validate this massive constrain 17.5 km x 15 km ?
It would be this photo of, Wellgreen.... revealing the visable ( lenses )
Surface test these lenses across ( 17.5 km x 15 km )
One would have their answer.
Not investment advice.
Rather.... something to ponder.
All those yrs of, summer explores.
If one gathered all the geo's and summer students.
Who've walked the 17.5 km strike.
Would they concur with the larger constraint boundary
17.5 km x 15 km ?
Would their chip samples over the years align with the
17.5 km x 15 km constraint = is all mineralized ?
Cheers...