RE:RE:RE:RE:reallyIn nickel exploration you look for nickel tenor, which is a reflection of how much nickel you know is in the sulfides as a percentage of that sulfide. If you have nickel tenor of 6% and you have 50% sulfide in your deposit, you are going to have 3% nickel – you know the grade, you know the outcome if you hit sulfides and that outcome is usually fairly consistent.
According to the work done by Falconbridge, samples across the GNB, 15 km wide by 70 km long, have sulphide nickel tenors averaging 6% to 8%.
It isn't difficult for a geo experienced with sulphides to guesstimate the %age of sulphides in a drill core. Then of course you can extrapolate the Ni content using historical nickel tenor numbers.
A fairly accurate way of doing things and you definately know your hitting Ni, and after last years drilling they will be much more accurate guessing on %ages this time around. Giving us a better idea of whats coming.
NAN released its guesstimates of sulphide %ages last drill program. I expect them to do so this time around. Longish intercepts of massive sulphides, and %age sulphide guesstimates, especially after a year of looking at the core, will get the market going.
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