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Mitsubishi UFJ Financial Group ADS Rep 1 Ord Shs V.MTU


Primary Symbol: MUFG

Mitsubishi UFJ Financial Group Inc is a Japan-based Company mainly engaged in financial business. The Company has eight business segments. The Digital Services segment provides non-personal transactions financial and digital transformation services. The Corporate & Retail segment provides financial, real estate, and transfer agency services to individuals and corporations. The Corporate Banking segment provides above services to large Japanese corporations in Japan and overseas. The Global Commercial Banking segment provides financial services to small and medium-sized enterprises and individuals at foreign commercial banks. The Fiduciary Assets segment provides asset management services to investors and asset management companies in Japan and overseas. The Global CIB segment provides financial services to large non-Japanese corporations. The Market segment provides foreign exchange, fund, securities, and cash management services. The Other segment provides administrative services.


NYSE:MUFG - Post by User

Post by Volcaniceventon Oct 09, 2022 10:01am
289 Views
Post# 35014692

First 3 holes similar to Crawford Deposit is very good

First 3 holes similar to Crawford Deposit is very good
Just food for thought.

From a recent news release regarding Crawford, thier minimum cut off was 0.15% Ni with an average grade of approx. 0.23% and they have sulphides adding to the extraction cost.  Manitou having MANY ultra mafic lenses there is the definite possiblity of enormous tonnage should the other UM lenses have Ni at or above 0.25%.  The steep dip and long lenses several hundred meters in width are excellent first steps.  This new discovery should not have any negative eyes at this very early stage.  Manitou has over 30 potential lenses all in the same geologic / orogenic / structural vacinity which are all being field tested and already have proven the presence of Ni up to 0.31%.

Crawford recent press release on grade and tonnage from their 2 lenses.

Total M&I resources more than doubled to 1.43 billion tonnes at 0.24% nickel and Inferred resource was 0.67 billion tonnes at 0.23% nickel (see Table 1). The East Zone M&I resource increased by more than 14-fold to 701 Mt at 0.23% nickel and the Main Zone resource increased by 17% to 724 Mt at 0.25% nickel. With 3.48 Mt of contained nickel in M&I resources, the company believes Crawford has the fifth largest contained nickel sulphide resource globally. M&I resources also include 93.9 Mt of iron, 8.5 Mt of chromium, 183 kt of cobalt, and 1.06 million ounces of palladium + platinum.

This updated resource is based on a combined total of 113 drillholes and 56,286 metres of drilling. Consistent with previously reported resources, a cut-off grade of 0.15% nickel was used in the Mineral Resource Estimate.
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