MPJ 0.00% 0.0¢ mining projects group limited

Ann: Multiple thick zones of Nickel Sulphides Intersected, page-38

  1. 7,371 Posts.
    lightbulb Created with Sketch. 63
    MPJ using the term "Thick Zone of Nickel Sulphide"

    Note other nickel companies using the same termonology

    Axiom Mining (AVQ) remains on track to deliver a JORC Resource at its Isabel Nickel Project in the Solomon Islands after drilling continued to return thick zones of mineralisation.

    - 15.5 metres at 1.66% nickel from surface including 10 metres at 2% nickel from 3 metres;
    - 17 metres at 1.69% nickel from 1 metre including 12 metres at 1.96% nickel from 5 metres; and
    - 19 metres at 1.62% nickel from surface including 14 metres at 1.89% nickel from 1 metre.

    Isabel is considered to be one of the largest nickel laterite deposits in the Pacific with a historic non-JORC Resource estimate of 159 million tonnes at 1.045% nickel and 0.07% cobalt.

    MPJ does not need 7% nickel results, as above if you have a lot of nickel sulphides at 1-2% you have a mine.

    I raise the point again - Did MPJ hold back information (waiting for true assay results) when they used the words THICK ZONES OF NICKEL SULPHIDES.

    At .002 for oppies, its a cheap assumption
 
watchlist Created with Sketch. Add MPJ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.