Well this is what you said mate - perhaps you could explain what was meant?
The 'hi-grade Co orebody' from my above postings came in at well under 1Mt, with my block wireframe 'guesstimate'.
Link to the full post so as not to be taken out of context - https://hotcopper.com.au/posts/33641974/single
I think we are all jumping a little to quickly to an assessment of this deposit - looking at @OldGeo 's maps there are still a lot of drilling results to take into account.
There are also many processes for treating these ores - subject to met work.
The well known High Pressure Acid Leach (using half a tonne of sulphuric acid/ tonne of ore, and large amounts of energy)
The (still experimental??) CSIRO Nitric Acid process
https://www.csiro.au/en/Research/MR...y/Process-flowsheet-development/Direct-Nickel
Several kinds of fungal/biological processes
And the processes using reductive roasting of the laterites prior to solution of metals in ammonia (e.g. Queensland Nickel) - sort of a reverse of the lateritic oxidative process by reduction of the oxides back to a more soluble form.
I am betting CTM (or a partner) will prove up a viable JORC resource, either stand alone or in combination with a known, or as yet unknown nearby deposit, and will develop a very profitable mine, one way or another.
- Forums
- ASX - By Stock
- CTM
- Sweet Sweet Itappy's Badasss Orebody
Sweet Sweet Itappy's Badasss Orebody, page-62
-
- There are more pages in this discussion • 130 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTM (ASX) to my watchlist
(20min delay)
|
|||||
Last
36.5¢ |
Change
0.005(1.39%) |
Mkt cap ! $181.1M |
Open | High | Low | Value | Volume |
37.5¢ | 37.5¢ | 34.5¢ | $146.6K | 408.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 32063 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.5¢ | 3597 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.340 |
1 | 4450 | 0.335 |
2 | 36000 | 0.330 |
1 | 3000 | 0.320 |
1 | 50000 | 0.315 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 50000 | 1 |
0.375 | 8149 | 1 |
0.390 | 12800 | 1 |
0.400 | 26315 | 1 |
0.405 | 17721 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
CTM (ASX) Chart |