THOUGHTS - ( nickel ) LATEST - RESOURCE - PRESS RELEASE - National Instrument 43-101 ("NI 43-101") which shows
Indicated Resources of 2.8 Bil pounds of contained nickel Inferred Resources of 2.6 Bil pounds of contained nickel Press Link - https://stockhouse.com/news/press-releases/2023/02/28/ev-nickel-defines-resource-estimate-at-carlang-s-a-zone-1-25m-indicated-and-1
MORE NICKEL - OTHER DEPOSIT RESEARCHED - W4 ZONE
- this is over and above - current new resource size - W4 Zone - histiricals have
677,000 T @ 1% ( circa 2010 )
In this 43 101 historical report on the W4 zone,
it describes 3 lenses of ore bodies ( upper + middle 3-15% sulphides / lower 15% sulphides )
and if zones have 30% sulphides nickel percentages are above 5% grade.
Chalice, ( former junior ) used HCl + Nitric acids to achieve thier nickle grades of 1%
So did, Langmuir another nearby depoist - HCL + Nitric.
In CNC's assay report - they used - plain peroxide.
While - EVNI employed - sodium peroxide
Sodium peroxide " will " dissolve silicates.
All good.
But... the million dollar question is.... how wil lit react to a - nickel chloride ( salt ) ?
One should consider - sodium peroxide ) = sodium base.
So what happens to a sodium peroxide in water ?
It will decompose and convert to a sodium hydrixide.
I did mention in a former post -
sodium hydroxide is a good pairing for - nickel chloride.
BUT.... there are a few issues i have with this...
I would rather see a - reagent of - whole sodium hydroxide with know - caustic percentage
verus
using a sodium peroxide which bonds with water then, converts to - sodium hydroxide
My hunch says... it could be less potent due to having to bond with water, and in addition to,
oxidation decomposition occuring with a loss of - oxide digestive power -
Yes.. i wouls say there is a difference.
All because.. .one needs sufficent oxidative or acidic power to not only dissolve but also pair withj minerals - if a peroxide sees or undergoes, transformation - bonding with water and experiences oxidation - loss of oxygen digestive ability, it could result in two outcomes -
- less avail bonding power ( silicas consume all avail bonds leaving less bonds for Nickel
- loss of oxygen ( oxidative power ) due to synthesizing with water bonds - too dillute
Helluva subject.. .but i feel it's an important one.
The solve all... would be to emulate past juniors and use - HCL acid and Nitric acid.
These two acids would have enough power to deal with the silicates and bond with both
nickel sulphide and any potential - nickel salts ( chlorides )
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REDSTONE MILL I did listen to one of EVNI's interviews - whereas, they made mention of,
Nearby Mill - quite close to evni's claims.
2,000 T day capacity ( formerly produced concentrates )
You'll want to read this article -
https://northernsunmining.ca/Redstone-Mill/Redstone-Mill-Overview/default.aspx 
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I also pondered the question.... what if ?
What if... .our current resource grade were blended with the - W4 zone ?
Yes.. our current resource is far larger in tonnage than, W4... but evenstil...
What would a 1% + 0.25% nickel equate to ?
= 0.625 % grade. ( boom ) -------------------------------------------------------------------------------------------------------------------------------
NEXT UP.... ALL THE RIGHT MOVES...
In the junior exploration space - seeing a junor make all the right moves is - rare.
Ensuring al lthe right moves is imperitive - if not... the market is quick to correct.
Make no doubt about it...lol
QUESTION PUT FORTH - What would be the next best move ?
- more drilling = more dilution
- does one run with current measured resource and begin - metallurgy and extraction ?
- mine modelling ( typecast what kind of end product - concentrate - finished product
- does one explore more.. and count the puppies ?
WHAT COULD BE THE BEST MOVES TO - KEEP MOMENTUM GOING ? - The Mill ( i would say... is of great importance ) *
securing a forward agreement ( in my opinion ) would take this junior to next level.
given the size of depoist - and the tonnage - securing an agreement with the Mill would
create severla benedfits -
1 - secures contractor with equipt
2 - safeguards against an other securing or checkmating
3 - instantly solves - mine permitting + excessive cost expenditures
4 - places junor at the next level of preparedness
WHAT COULD BE DONE NEXT ? - retest ores with ( HCL + NITIRC ) create certainty of nickel grade and potential other minerals
- decide whrther producing a concentrate - running mega tonnes is right path
- versus - lessor tonnage and aim for a finsished end product - nickel electrolysis
CNC - is runnign mega tonnage - even with a high loss of nickel mineral hoping that
pushing through mega tonnes overrides and still profits.
CNC's - nickel grade is very comparable to EVNI's.
This is a former rundown so don't jump on me... just providing an example.
M+I - 657 mt - 0.26 % nickel
INF - 646 mt - 0.24 % nickel
they also have miniscule secondary minerals
Pd - 0.028 grams = 0.0000028 % ( ouch )
Pt - 0.012 grams = 0.0000012 % ( ouch )
Co - 0.013 grams = 0.0000013 % ( ouch )
Fe - 6.58 %
Since CNC is pushing mega tronnage through to achieve a concentrate
i really don't know how much of the PGE's they'd be able ot capture -
CNC's - bread and butter is -
Nickel and Iron. CNC LINK -
https://insidexploration.com/wp-content/uploads/2021/02/image-1.png
GRAM TO PERCENT CALC -
https://www.endmemo.com/sconvert/perg_ton.php
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QUESTIONS TO ASK .... UPCOMING - EVNI - INTERVIEW -
1 - Has any larger player contacted - EVNI any NDA's ? ( Vale, CNC, Glencore, Kirkland or other ? )
2 - Will they move fast to secure Mill contract to ensure fast tracking ?
3 - Can they perform a quick second test on a few cores - using... HCL + NITRIC
4 - Have they thought of, expanding the Mill with more equipt incrwasing tonnage capacity ?
5 - Have they considered - finished produt - nickel plates - using electrolysis = more profits ?
6 - What market to cater to - sulphide / hydroxide nickel, auto, battery, metal industry, magnets ?
7 - If valuation went up... would they wipe the royalties to own more percentage ?
8 - If CNC were interested, would EVNI go along ? Or, want ot develop and mine themselves ?
9 - Has EVNI recieved the rest of the funding from Gov't ( grant ) from last year... ?
EXTRTACTION IDEA - Has EVNI ever considered new forms of - tech - to extract the nickel ?
It is said.... some kinds of nickel are.... paramagnetic
What if.... a cyclone concentrator was modified with - electro magnetic inner jackets...
In which to promote a strong electromagnetic current to not only induce a nickel's magnetism but also assist with catching the nickel on its walls while blowing away, the remaining wastes ?
I haven't come across any such tech...
I've also thought of.... a conveyor belt with similar attributes - magnetizing the conveyor
to attract ( specific metals ) while other wastes ores that are nonmagnetic discharge off conveyor.
Such ideas... might increase recovery rates = allowing more tonnage processed
And... could increase concentrate percentages.
When you think about it... most juniors have recoveries well above 90%
Yet... only pump out a 25% - 28% concentrate.
That's your trivia thought for the day.... wink.
Just ideas.....
EVNI - is looking good....
Market is just waking up to this stock...
Maybe there's more movement to come... hope so,
would love to see this junior given the treatment as - cnc - with proper valuation inorder to
keep dilution minimal.
Lastly... as i research all the more about - Timmins region and nickle juniors...
I'ts beginning to take shape... just maybe... Timmins is the new Sudbury.
I'll take a rest from posting - my eyes are bugged from researching - ugh.
Cheers....