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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Post by pierregon May 08, 2019 8:27am
155 Views
Post# 29723485

Beta Hunt FDV very significant news

Beta Hunt FDV very significant newsFDV very significant news: «allow mining activities to begin this month underneath the Father's Day Vein Discovery on 16 Level. This development will target a 1,406 g/t intersection sitting just 7 metres below the Father's Day Vein area » as  per https://www.rncminerals.com/2019-05-08-RNC-Minerals-Announces-Extension-to-Higginsville-Purchase-Option-and-Reports-First-Quarter-Production-at-Beta-Hunt-Mine
REPOST from May 6th 2019 as per https://ceo.ca/@pierreg01599501?e24ff82d8828 :
@yellojelly wrote May 4th 2019: «down to AZ16 drilling toward WF looks like they will be under FDV soon. » Let's hope they start mining it before the end of quarter.
Mark Selby as per
https://ceo.ca/rnx?53de18056d86: « The potential for the mine is massive as I said each of these shears runs for several kilometres. We think they can go for kilometer to kilometre and a half deep at least. That little purple box there is the intersection area of where these sediments are sitting in the shear that can be projected back along each of those shears for several kilometres and so you know we think it opens up three to four million tonnes at grade wise that's a TBD but the average grade of what we pulled out so far is about a hundred and fifty ounces per ton or 4,500 grams per tonne so even if we get 1% of that, you're looking at three or four million ounces just you know in that small area and the other part of that our team is very excited about, is to drill beneath that sediment structure to see what the average grade is fundamentally. To get this much gold into one little Rock you either have to have fluids with a lot of gold, a lot of fluids or both and so, we've got this on multiple shears and so we can't wait to start drilling lower down in those shear structures to see what the base grade is going to look like. So stay tuned, the drilling is coming and hopefully we'll be back next year with even more exciting samples. Thank you. »
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