Post by
Wangotango67 on Sep 23, 2023 1:53pm
BOTH MUFFED UP....
PFS ( press releases ) reveals metal weights in words...
With over 2.4 billion pounds of nickel, 1.2 billion pounds of copper,
6.9 million ounces of PGMs and 137 million pounds of cobalt in the measured and indicated mineral resource categories, Nickel Shw is one of the largest undeveloped nickel projects in North America not controlled by a major mining company.
Where's the muff ?
When one looks at the ( contained metal chart )
It states M ) for millions
Most won't make that conversion to Billions.
As for Canadian Mining Journal - Muff ?
They only scanned the measured.
lol
They should've scanned the total ( M + I )
Even then... conversions are required
Canadian Mining Journal should fix thier article.
Muff Excerpt -
The open-pit project could produce 614.3 million lb. nickel and 281.5 million lb. copper over a 19.1-year life, according to the report released on Thursday.
https://www.canadianminingjournal.com/news/nickel-creek-platinum-shares-drop-as-prefeasibility-puts-shaw-project-capex-at-1-7b/
In my opinion....
NCP should release a NEW PFS press release.
Stating actual numers - actual tonnage - actual metal weights
without the need to convert to - billions.
Most will over look the wording of,
With over 2.4 billion pounds of nickel, 1.2 billion pounds of copper,
6.9 million ounces of PGMs and 137 million pounds of cobalt in the measured and indicated
Referrence -
https://ceo.ca/@newswire/nickel-creek-platinum-announces-positive-pfs-for-its
CNC - places the weights right in the investors face.
Billion lbs.
My thoughts on NCP's Wellgreen Project
XPS MET tests ( icky )
Engineering Firm ( i'd find a better one )
I'd compare former assay methods with new ( acids - spectromitry etc... )
If chlorides were used, in some incidents spectrometry light ( scans ) cannot
pick up on single ( bonds ) could be a plausible cause as to why the grades
decreased from Hudson years.
I'd incorporate Iron credits
Titanium credits
6 platinum mineral suites
website still not updated
hydrogen power from nearby river ( turbines )