POWER OF... 21.8 MILLION TONNES 2012 allots 5% for sulphide ores $$
2017 Press allotted 5% for sulphide ores.
2017 Press - test sulphides at later date.
Industry recovry rates for sulphide nickel = 80%
High preasure acid leach - above 80%
437,000,000 million tonnes
x 5% sulphide ore
= 21,850,000 million sulphide tonnes
NICKEL SULPHIDE GRADES
21,850,000 million sulphide tonnes
x 2.45%
= 535,325 Ni tonnes
x 2200 lbs
= 1,177,715,000 billion sulphide nickel lbs
NICKEL SULPHIDE SOLUTION GRADES
21,850,000 million sulphide tonnes
x 2.59% million solution tonnes ( same tonnage as 5% sulphide )
= 565,915 Ni solution tonnes
x 2200 lbs
= 1,245,013,000 billion solution nickel lbs
TOTAL NICKEL ( from 21,850,000 - 5% sulphide ores )
= 2,422,728,000 billion lbs
2023 pfs press states
= 2,471,000,000 billion lbs
So, 2017 press - test sulphides later... lol
Industry has no issues with Sulphide Nickel extraction.
These 5% sulphides are rich grades.
Dual Nickel
Treat with high preasure acidv= acid grabs both nickels
Plat group + Exotics + Copper are also rich in grade in these 5% ores.
Page 9
Ni % 2.59 ( solution nickel )
NiS % 2.45 ( sulphide nickel )
Cu % 1.57 ( 5% sulphide ore 21.8 million t x 1.57% = 343,045 Cu t = 754,699,000 lbs
Fe % 44.0 significant iron enough for extra iron credit maybe double - lol
https://www.wellgreenplatinum.com/pdf/2012_07_Wellgreen_Met_Report.pdf
5% sulphide ores - 21,850,000 tonnes = worth a mint
Any wonder why the ug mine is kept intact - lol
437,000,000 t
- 21,850,000 t sulphides
= 415,150,000 million t ( silicates with gabbs )
Peridotite Silicates also have dual nickels ( page 9 above link )
Ni % 0.36
NiS % 0.30
Total Nickel = 0.76 %
How many more sulphide tonnes - lots of drilling over the years.
West zone ? Northerly ? Deep mine zone ?
Different perspective.
Not hard to add an ore sorter separate blue grey ore from green.
Process sulphides - standard
Process silicates fine grind -pull iron, plats - acid dunk - instant mineral bonds
Why address these topics ?
I have little faith in the current rodeo markets.
I point out what i see vs present stock value and recent pfs.
Is junior correcting the stock value - trying real hard eh ?
Cheers....