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Nickelex Resource Corp V.NICK

Alternate Symbol(s):  NKLXF

Nickelex Resource Corporation is engaged in the acquisition, exploration, and development of natural resource properties. Its operations include Swift Katie gold/copper property and Thompson, Manitoba nickel properties, and Pilar Gold Inc. and Laiva Gold Inc. The Swift Katie gold/copper property near Salmo, British Columbia is an area that has historically hosted several important mining districts and is underlain by rocks favourable for the discovery of both copper-gold porphyry deposits and high-grade gold quartz veins. 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 four licenses are located 30 kilometers north of the Thompson Nickel Mine and cover an area of approximately 30,283 hectares. Pilar Gold Inc. and Laiva Gold Inc. have operations in Brazil and Finland. Pilar Gold operates the Pilar gold mine in Brazil. Laiva Gold owns the Laiva gold mine and mill in Finland.


TSXV:NICK - Post by User

Bullboard Posts
Comment by mferguson71on Oct 23, 2020 12:06pm
94 Views
Post# 31771085

RE:RE:RE:RE:RE:1,000 ounces a month in a very short period of time

RE:RE:RE:RE:RE:1,000 ounces a month in a very short period of time Agree on value of the company totally. Agree on having a local team, that is a must. 

I'm a relatively new shareholder but just want to point out some of the things that don't get talked about that is all. It's not all roses all the time. Yes, the webinar is on their website was very good I thought. October 2020 presentation still has these points as to reason to invest. I haven't talked to management personally yet to question it, but i hope they put all their focus on Lima and Livramento on gold production.

• Experienced management and exploration team with a history of success

• Aggressively pursuing projects to increase shareholder value

• Four Projects; Lima Project and Livramento Project, Mato Grosso, Brazil (Cuiab-Pocon Gold Belt); Swift Katie, British Columbia (Golden Arc) and Los Reyes, Chihuahua, Mexico (Sierra Madre Oriental). All historically producing jurisdictions w/excellent infrastructure

• Lima Project: 156ha freehold property, adjacent to infrastructure with pathway to near-term gold production • Livramento Project: 250ha property, start-up and test mining on the project over a 6 month period • Los Reyes: 2 claims (45.3ha) Several reports suggest near-term multimillion tonne high-grade Cu-Au resource potential

Surface exploration program in Q4, 2019 consisting of geophysics and sampling, followed by drilling in Q1/Q2, 2021 subject to financing

• Swift-Katie: Target of +2.0Moz Au High-Grade Gold System similar to the Rossland Camp mines; Phase I drill program successfully identified two shallow gold zones – Phase II drill program proposed (this is proposed q3/q4 later in the presentation)
Bullboard Posts