GOOD NEWS Wellgreen is classed as Quartz claims. (
image below )
Based on this image from 2023 PFS Tech Report
Wellgreen boundary
in Red perimeter is not apart of the ( A,B ) Kluane agreement.
While,
Burwash does fall into one of the A - B categories.
Quill + Wellgreen Claims are reqistered by same owner name.
0905144 B.C. Ltd Quill Intrusion into Wellgreen I've analyzed this extensively asking myself each time,
why create a new Quill zone ?
Several ( other ) images show Quill running north to south with the same
boundary disposition as the other zones, FE2, FE1, East, Central...etc.
Yet, in 2023 PFD ( image below ) we see an
entirely different Quill boundary. A boundary that was indeed apart of wellgreen original boundary.
I've provided 3 overlay images to allow a comparison.
Bottom ( right side image ) yellow dot = base camp.
Plausable reason for Quill's new invasive zone ? - deposit runs deeper near base camp if this plunge contines
Easterly or Southerly - Quill would capture it.
Future segragation ? - 2015 PEA
Pit captured part of new Quill zone ( second image )
-
2023 pit outline stays away from the new quill - 2023
pits are shallow vs deep drill intercepts -
2023 PFS ( page 222 ) No underground areas are considered in Mineral Reserves ? ( would this be the high grade underground mine lots of exotics ? ) BOTH 2015 - 2023 REPORTS show multiple pit shells revealing future mine plans
2015 reports 25 yr mine life plus... additional 31 mines yrs
2023... resource tonnages only represent
shallow pits,
If one factored 2015's 5 pit constraints or 2023's 4 pit constraints
= there would be
MEGA tonnage resources
= 56 yrs mining
PERIDOTIES
Are mentioned in, 2023 PFS.
BUT... i have to remind myself of several important factors
1- 2012 MET tests used 80% peridotite composite with success
2- 2012 fusion assays revealed far higher grades + 2 nickels, chromium, titanium
3- 2014 / 2015 pit captured portions of new Quill - wider pit = capture deeper zones
4- 2014 / 2015 potential 56 yr mine life
5- 2014 / 2015 would still mine and process - peridotites
6- no iron, no exotics, no titanium, no chromium
7- 86% inferred reduction ( peridotites )
8- extraction could not process, solid solution, sulphide in SS, microcrystalines
9-
Data from simulated MET studies used in, block modelling 10-
10m mine blocks have the extraction data ( extraction results ) hmmmm
REWRITE WELLGREEN ? DNi Extraction
All ores included exact opposite of, 86% reduction
Silicate nickel + sulphide nickel 0.77% avg
Higher recoveries
Iron, exotics, titanium, chromium, magnesium
Deeper pit models
= Highly Valuble Cheers...
Looks like... National Bank is going on a buying spree ?
Can't get enough shares ?
Interesting lot numbers.
lol