'Nova Site Visit Presentation - Independence Group NL' (4 Aug 2018)
gives comprehensive professional views towards FR, its prospectivity....and insightful ideas as well.
According to its figure, it seemingly Nova-Bollinger deposits also have some faults.
Please note IGO seems now days used 'Jessy Deep LTS (Low temperature) SQUID' for their TEM surveys instead of 'Jessy Deep HTS(High Temperature) SQUID'.
Please refer to GEM Geophysics,' equipment section for a brief details and it seems even they have 100A high power transmitter.
(www.gemgeophysics.com.au)
According to most recent discovery of M Creasy's Silver Knight nickel deposit(=Sputnik), it contains a resource of 4.2mt at 0.8% Ni, 0.6% Cu and 0.04% Co including a higher grade component of 200,000t at 3% Ni, 1.9% Cu and 0.17% Co.
It seems far smaller in size and far lower grade of minerals than Nova-Bollinger.
After reading Nova Site Visit Presentation, I changed my view about E63/1282's Ni Cu Co prospectivity even it has not detected conductors. Please refer to our company ENT's early days survey outcomes over Macpherson prospect and CR1's Prospectus which showed historical drilling outcomes there with typical magmatic nickel sulphides ore deposit minerals of pentlandite, chalcopyrite and pyrrhotite.
Regards,
ENT Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
