846 MILLION REASONSThere are 846 million reasons why shareholders should be asking
to have the 846 million tonnes reinstated and classifying peridotite and
clinopyroxine as sililar ore geology.
With the inclusion of -
Iron, exotics, titanium, chromium, magnesium included as mineral payables.
WHAT THEY PEGGED WELLGREEN 2015
The Mineral Resource Estimate was derived from 776 drill holes totaling 69,898 metres which have tested approximately 2.5 kilometres of an 18 kilometre long system.
The estimate consists of 330 million tonnes at 1.67 g/t Pt Eq. or 0.44% Ni Eq. (please refer to the tables below for detailed grades by metal and the metal prices used to calculate metal equivalents) at a 0.57 g/t Pt Eq. cut-off or 0.15% Ni Eq. cut-off in a pit constrained resource containing 5.53 million ounces of 3E (platinum+palladium+gold) with
1,894 million pounds of nickel and 1,021 million pounds of copper in the Measured & Indicated Mineral Resource categories.
The Mineral Resource Estimate further consists of 846 million tonnes at 1.57 g/t Pt Eq. or 0.41% Ni Eq. at a 0.57 g/t Pt Eq. cut-off or 0.15% Ni Eq. cut-off in a pit constrained resource containing 13.8 million ounces of 3E (platinum+palladium+gold) with 4,431 million pounds of nickel and 2,595 million pounds of copper in the Inferred Mineral Resource category.
2015 Press
https://www.nickelcreekplatinum.com/investors/news-releases/press-release-details/2015/Wellgreen-Platinum-Announces-Positive-Preliminary-Economic-Assessment-Update-on-its-Wellgreen-PGM-Nickel-Project/default.aspx
I also came across another image showing copper occurrnces on, Wellgreen.
From Central to Western, entire northend on another nearby system ( adjacent )
was lit up like a christmas tree all in red, red being copper ( listed on side bar of, chart ).
Further thoughts on, silicon metal replacement
when pyroxides intrude.
I've given it some thought....
I disagree with the online analogy that silicon metal in silica quartz
leaves and is replaced by iron pyroxines or other minerals.
Perhaps it's more like,
Silicon metal remains.
Catalyst reaction with iron, pyroxines, other intruding minerals.
And....transitional metals begin their evolution.
Remember that post on, silica, iron, and titanium ?
Hello.
Few years ago,
i read a heavy research paper which discussed how did nickel form ?
Some thought nickel was a derivative of, iron.
While other research pointed to biotite and a chloric intrusion causing
the birthing of, nickel. Another focused on the chloric / solid solution
thinking this was the event catalyst.
One starts putting these pieces together.
And the smoking gun might point to, silica being the chief or primary
base metal that catalyzes with iron, sulphur, pinch of lead, chloric acid, hydrofluoric acid,
salt waters, gases, that ramp the heat up..... various metals spawn forth.
Specially the lusterous silvery kind.
Silver, chromium, plats, nickel, titanium, vanadium, aluminum, etc....
Gold has a close relationship to platinum.
Gold is yellow and soft.
Gold in a high heat environment with less sulphur and a quick quench in
salt water ( volcano under sea ) turns a pale gold to brittle extra hard.
= Platinum. ( theory ).
Open thoughts....
I could point out several other importances,,
but i'll wait... see what the markets next move is.
Hoping,
a few of my posts have found their way to, Rio Tinto.
Tease.