According to Wellgreen Platinum's 2 very important images,
Johnson knew the
main mine area hosted a
500+m deep mineral body and decided to track it based on -
WS 188 hole which had
over 500+m intercept.
Aligning main mine deep intercepts with hole 188
Where would Johnson have to place WS 215 to intercept
756m of mineralization ?
Right Here - right where the drill log recorded it.
Not the far east, rather, east zone.
WS 188 500+m intercept (
blue )
another drill in this same area was 450+m Yellow claims image =
500m gridding Notice -
says open on this back = northern side ( more mineralization )
Notice - high grade zone strikes
NW to SE thick section Notice where
main underground mine is Notice mine to Central zone distance =
960m Notice
how far back Johnson hole is =
still mineralized in peridotites Notice how
deep Johnsons hole is - 756m Remind oneself of -
Maple Zone mineralization Hole 188 = top of mountain ( 500+m and still open )
Johnson's 215 hole much lower elevation and 750m deep
= Hole 188 vertical 500+m height + 750m deep ( factor Johnson's drill pitch )
= Very Thick So.... where were they getting their 846 million tonne inferred figure ?
Look at this Johnson Hole image
Spot the jagged line = Pit # 5
= Depth of Johnson's intercept.
960m legth ( mine to Hole 188 central zone )
x 1200m deep ( top mountain 188 500+m to Johnson's 756m intercept )
=
1,152,000 x 600m wide ( south to north ) more if maple zone included
=
691,200,000
x 2.7 ore weight
= 1,866,240,000 tonnes
No western
No central
No maple Now.... a mountain is not square.
Thus, one would have to use a trig equation to arrive at,
an accurate tonne.
Goes to show....a small area with deep intercepts atop and
down on lower elevation can rack up some serious tonnage.
PEA - PFS reports....
They speak about mega waste tonnage.
We all know how the peridotite is thought of.
Practical Entitlement. ( 86% reduction )
Would a timmins nickel junior axe 86% of their
Peridotite / Dunite if it had this kind of mineralization ?
lol
If one matches the colors to ore geology.
Upper strata is = peridotite + dunite.
What ever happened to Johnson ? One exited and several.... entered.
March 28, 2016 https://www.nickelcreekplatinum.com/investors/news-releases/press-release-details/2016/Wellgreen-Platinum-Announces-Closing-of-First-Tranche-of-Financing-With-Electrum-Strategic-Opportunities-Fund-LP-and-Appointment-of-Two-New-Directors/default.aspx Glencore's is, Swiss.
Glencore's... recent bid for Rio Tinto.
Rio Tinto British
Vale is... Brazilian.
Our ores sent to, xps... who is ?
And another who likes art... schooled in, Swiss.
Glencore's stock = 11.4 billion shares out
Rio Tinto - lil over billion ( valued ) $90/cdn + $108 cdn - Aus / US
Yukon... has seen 2 mine closures ( zinc + copper )
Both having similar traits ( paying taxes / royalties )
UK patriating ???
Yukon = my compass points to, UK.
USA - critical mineral pact with Canada ?
States love Canada's battery metals....
But.... have they dished out anything so far ? lol
How were Canadian lithium junior stocks treated in, Nevada ?
Lot's of games with, eviro cards - lol
Appears.... there's a whole other world of strategic chess games
being played out by majors and billionsires.
I read a mining report few years back...
Where it spoke about the effect enviro had on, mining.
That same report said in so many words... need to do same in Canada.
= ultimately effects common investors in mining stocks
= hows our junior battery space in Canada ?
= lol
Wellgreen is massive.
Name one other deposit with so many minerals ?
Throw in, iron, titanium, chromium, exotics, and actual tonnage.
= One of a kind deposit.
Yup.... 2016 was an interesting year.
Someone got lots of cheap shares over the years.
Rio Tinto paying attention ?
They'd be smart to scoop Wellgreen.
And... place it in a subsiduary deteched from their main stock.
Cheers...