G88 8.33% 1.3¢ golden mile resources ltd

Ann: Diamond Drilling Completed at Quicksilver, page-2

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    Good to see the drilling program completed ahead of schedule. Hope that sets the tenor for the development of Quicksilver generally.

    I notice they've gone for the slightly larger-diameter PQ (85mm) core to get plenty of material from the 8 representative holes from throughout the deposit to test beyond the main Met program.

    It (the main program) will be largely about improving recoveries and grades. Beneficiating from, say, a 1.4% Ni con up to 1.7% would exponentially grow both the demand for, and value of the product.

    Should also be plenty of material left over to incorporate the additional studies exploring further downstream options:

    • REE extraction potential
    • secondary nickel products suitable for electric vehicle (EV) batteries
    • high value industrial products
    • Scandium extraction potential

    The Rare Earths angle will be particularly interesting given the REE mineralisation appears "...widespread throughout the Quicksilver Nickel–Cobalt deposit and is comparable to other recently announced clay hosted discoveries in Australia."


 
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