Nickelex Resource Corp V.NICK

Alternate Symbol(s): NKLXF

Nickelex Resource Corporation, formerly Valterra Resource Corporation, is a Canada-based resource group company. It is engaged in providing exploration, administration, and corporate development services for its operations. Its operations include Swift Katie gold/copper property and Thompson, Manitoba nickel properties. Its 100%-owned porphyry/shear-hosted Cu-Au-Ag Swift Katie property is located approximately seven kilometers (km) south-west (SW) of the village of Salmo, British Columbia (BC). The property consists of over 19 contiguous MTO mineral claims, which covers an area of approximately 83 square km. It has an option to earn up to an 80% interest in the Moak North and Wilson Mineral Exploration Licenses in the Thompson Nickel Belt (TNB), Manitoba (the licenses). The four licenses are located 30 km north of the Thompson Nickel Mine and cover an area of approximately 30,283 hectares. The Company, through Pilar Gold Inc. and Laiva Gold Inc., has operations in Brazil and Finland.

TSXV:NICK - Post by User

Nickelex Resource Corp > Question re: Fuel Expense

<< Previous

Bullboard Posts

Next >>

Comment by OldGoldon Jan 18, 2021 4:36am

184 Views

Post# 32317812

RE:Question re: Fuel Expense

Hi Scorpio2, the equipment is all diesel powered, the short hauls will result in very little fuel usage by the trucks, the diggers will be the main fuel users, as they will be running at high idle all day. If I think of it, I will ask Richard how much fuel they chew in a day.

I worked for Leightons for a while, we ran five diggers, three 500 ton and two 270-ton machines. Along with fifty something 250-ton trucks, and support gear, graders, dozers etc and we would burn around 100K litres in a twelve-hour shift, now that is burning fuel.

At a our gear is much smaller, at a guess, 50 litres per truck and maybe 300 litres per digger. Absolute educated guess but will try and find out.