GNM 6.25% 1.5¢ great northern minerals limited

Ann: Greenpower Increases Guyana Portfolio Via Kopang Lithium Nic, page-11

  1. 6,158 Posts.
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    How does management get these so cheap?


    gpp2.jpg

    No doubt GSM will be doing a lot of work here as well.
    My understanding is they have significantly built up their on ground crews from the comments from the AGM

    I like the following as well for Cobalt prospectivity (remember Cobalt is a off product from Nickel deposits):
    "The historical nickel-chromium occurrence located in the eastern portion of the Kopang PGGS is underlain by mafic/ultramafic volcanic rocks of the Guiana Greenstone belt (GGB) and is part of the Barama-Mazaruni Super Group (BMS). No modern exploration on the Kopang Ni-Cr occurrence has been reported, except that a regional aeromagnetic survey indicates a corresponding high magnetic response. The BMS is host to several other Ni occurrences in the GGB with similar geologic settings and small Ni-laterite deposits, however little exploration work has been done to date on any of them. Importantly, cobalt is often associated with Ni-Cr occurrences in these geological environments, and will be emphasized as part of the Phase 1 evaluation of the target. "
 
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