Gold Turnaround Story of 2018, page-8

@matchbox20

Saw your question re; Nickel/Cobalt resource on the other thread but through I'd reply on this thread as we'll build this thread into one with all of the information so the Johnnie-Late-Comers can go to one place and easily look up everything once the SP goes up a bit more and catches their attention.

Anyway:

Current Nickel Laterite resource is:
- 80.5Mt at 0.77% Ni, 0.058% Co
- In-ground value of this resource alone is worth: $15B+.
- Resource extends over 19km and is 30m deep.
- Only limited drilling done - more drilling = bigger resource


There's also massive High-Grade Nickel Sulphide potential:
- Numerous targets generated
- 1m @ 6.38% Ni + 0.50% Cu + 0.11% Co
- 0.3m @ 6.64% Ni + 0.26%Cu + 0.09% Co


Nickel is all over the grounds and very close to their plant - plant is centrally located which means that everything is within 20km from the plant.

See attached images which lay it all out and should explain everything.

Cheers,

GB.