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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

Post by OldGoldon Dec 15, 2020 3:26am
245 Views
Post# 32106785

Bulk sampling continues at Livramento.

Bulk sampling continues at Livramento. The short video is from Monday the 14th of December, in the video Richard points out that they are continuing with bulk sampling. I believe the reason for the continuation of the sampling is to do with TSX requirements, so we will just have to wait for all the boxes to be ticked. Richard will know where the best grades are by now and as we have seen there is an exceptionally large amount of material sitting on the ROM ready to be processed when the sampling is complete.
 Something I was concerned about when they recommissioned the plant, was how reliable it was going to be. The plant had sat idle for some time, and this can lead to problems with reliability, these things do not like sitting around. However, apart from a few issues in the first week or so, the plant has been running extremely well, Richard is incredibly happy with its performance thus far, and so am I.

On a side note, I believe Richard has been working fifteen-hour days, seven days a week to get the project up and running. He is no spring chicken anymore so a massive thankyou from this investor for his efforts and dedication on our behalf.     

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