RE:RNC Beta Hunt Strategy - 3 Phased Approach March 15th 2018Pierre,
This is a good catch. Older info but quite relevant to the understanding of Beta Hunt.
Since it was pre-FDV, the emphasis was on Dumont. But the Australian property, BH, has Ni as well, and again the emphasis (e.g. Slide 19) was on Ni. Relevant Slides include 21-24 (should print them out for ready reference).
- Slide 21: nice vertical "pipe" coming up from below with a typical Ni deposit at the top. Hope that the bonanze grade extend down to 1-1.5km.
- Slide 22: Western Flank and A-zone extension are not too far apart.
- Slide 23: WF extended by ~60m (depth), i.e. significantly beyond the old RE boundary (yellow zone). A small mined out area (302 stope) also shown. Grade was up to 7.44gpt and intercepts for quite a few holes were in the order of 30m. E.G. hole WF18-036 has 6.3gpt over 33m would yield 208 gpt-m, and anything above 30-40 gpt-m would be considered economic viable, especially if major infrastructures (and permitting) are already available.
- Slide 24: This shows the potential areas south of the Alpha Island Fault, where HOF is located along with the Beta West area (just west of HOF). This area was called Mr. Smith (not sure if has anything to do with Smith and Wesson, or was it named after a geo?)
The development Phases 1 to 3 are also useful for making a guess on the production potential.
GH11
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pierreG01599501 wrote: Interesting find pre-Fathers Day vein discovery as per March 15th 2018 RNX presentation https://www.rncminerals.com/presentations?o=15:
RNC Beta Hunt Strategy - 3 Phased Approach
Phase 1 Present -> 2018
Mine Development and Resource Expansion
-Western Flanks South
-Western Flanks Central
-A Zone Extension
-A Zone 14 & 15 Level
-AWF Decline
-Double current resources
Production target
3,000 tpd – 2018
Phase 2 2018-2020
Resource Expansion
-Western Flanks Deeps
-A Zone Deeps
-A Zone North
-Beta Gold
-East Alpha Gold
Mine Development
-Western Flanks North
-A Zone Deep
-Twin Ramps
Production Potential
4,000 – 5,000 tpd
Phase 3 2020 – 2025
Exploration
-Deeper Gold Structures
-New Structures
Mine Development
-Beta Gold
-East Alpha Gold
-WF Deeps
-A Zone Deep
-Fletcher
-Shaft Infrastructure
Production Potential
6,000 – 7,000+ tpd