Royal Nickel Corp. RNKLF

RE:MR BIGGER - READ THE PEA - LET EXPERTS SPEAK

[marben100]

Thanks factRbest - most helpful. However, I haven't seen a news release referring to this PEA. Which release are you referring to?

This new discovery at BetaHunt makes the existing PEA (especially the gold resource estimate) obsolete. I have just invested here but regard my investment as a pure speculation. No one has any idea how much gold is in this mine at present - much exploration is needed to make a fresh resource estimate.

I look forward to seeing a plan for this from the company.

I note this paragraph from the discovery realese:

RNC is the first owner of the Beta Hunt Mine to focus on drilling deeper in the Lunnon Basalt in its search for gold, and therefore the first owner to discover and mine gold from newly discovered coarse gold located entirely within the Lunnon Basalt.  Previous bonanza grade specimen stone occurrences at Beta Hunt were associated with the nickel-sulphide bearing contact between the Lunnon Basalt and the overlying Kambalda Komatiite where nickel mining has been focused by RNC and previous operators. 

which illustrates the novel nature of this discovery that cannot have been included in the 2016 PEA.

Mark B