Ann: Isabel Nickel Project - San Jorge drilling update, page-4

bad to very bad.

Ignore the headline numbers, they will always give the best drill result from all the holes. Check table 1. 7 holes had no saprolite above the cut-off. 4 holes misses the cut-off completely. Once again holes were drilled vertically. No width to speak off.

SJ appears not viable.

The rampers will focus on the grade but the saprolite grades are nothing special. Same as any other nickel laterite deposit.
One simply has to check wikipedia

"Silicate type (or saprolite type) nickel ore formed beneath the limonite zone. It contains generally 1.5-2.5% nickel"
https://en.wikipedia.org/wiki/Lateritic_nickel_ore_deposits

But SJ is patchy, too many results below cut-off. The tonnage is not there.