INTERESTING.... 2023 Ore tonnage post has seen several views.
https://stockhouse.com/companies/bullboard/t.ncp/nickel-creek-platinum-corp?postid=35930064
Was it the...?
- 307 million tonnes vs our actual 437 million tonnes ? ( 130 MT mia ? )
- 2008 and new drill holes from wellgreen platinum showing several deep holes ?
in conjunction with Galactic holes ( underground ) 11 k plus meters missing ?
- pit placement too low missing parts of upper main sulphide ore body ?
- only 3 million t of ore near main mine vs galactic measured far more tonnage yrs ago ?
- 11k+ galactic drill meters missing in 2015 pea ?
437 million tonnes 2023 press
vs 307 million tonnes pfs
= 130 million tonnes ( mia )
Versus... 2023 pfs shows reserves approx 300 million tonnes.
Did the engineering firm use reserve tonnage vs overall tonnage ?
130,000,000 million tonnes
x 0.26% Ni
= .338,000 Ni tonnes
x 2200 lbs
= 743,600,000 million tonnes
At the end of the day....
one could have mega billions of pounds of nickel...
Issue resides with - extraction.
Not dealing with 2 nickels.
Period.
Let's reverse this current upside down model.
Let's segragate the sulphides. ( stockpile ) sulphides easy to extract.
5% sulphide ore volume from 437 million tonnes
2 nickels ( solution + metallic sulphides )
= 2.4 billion Ni lbs
Find diff extraction for Ni silicates.
2 nickels
415,150,000 million t ( silicates with gabbs ) ( 437 m/t - 21.85 m/t )
x Ni 0.36 % ( solution ) other reports show 0.40% )
x NiS 0.30% sulphide
= 2,739,990 tonnes
x 2200 lbs
= 6,027,978, 000 billion lbs
Show me 2 resources...
- sulphide resource
- Silicate resource
It's how i see it.
YUP...
Too many crew changes.
No one prez can fully understand wellgreen.
Especially if they're involved with other companies.
Mega data to absorb, digest.
Understanding extraction vs selling concentrates = big diff. .