Ann: MPJ raises $A1.2 Million via Placement, page-37

Excellent find!

"All holes drilled intersected nickel mineralisation and provided overwhelming confirmation of the nickel fertility of the belt. Surface mapping by highly credential geological consultant Sarah Dowling also identified additional ultramafic sequences which have undergone no previous exploration – MPJ plan to change that very soon.
MPJ confirmed five ultramafic sequences along the 40km strike, multiplying the total contact area where the mineralisation is situated to over 200km – an extremely large area from which MPJ could make a big nickel discovery.
Nickel sulphide deposits in the Kambalda region often occur in clusters – each prospect at MPJ’s Roe Hills Project therefore has the potential for several discoveries.
To put that in perspective, the total Roe Hills strike length is several times larger than the whole Kambalda Dome, which has produced three million tonnes of nickel to date in 50 years – and it’s still producing nickel.
Assuming a nickel price of $10,000/ tonne, even at today’s temporarily depressed prices, that equates to a value of over $30 billion in nickel discoveries so far, and counting."