Ann: Drilling Confirms Significant Ni-Co Discovery at Itapitanga, page-269

i think you mean 0.34-0.62% not 34-64%. While yes these are good grades, i don't think this has to be a zero sum game and you need to remember that widths are important remember.

you also seem to be getting projects confused, the drilling was rejected for solobo.. a gold project... not the Co/Ni project at itapinga.

you should also consider when evaluating these projects the ability and ease with which projects can be transitions to production. Australia has become very admin heavy and in many cases in can take 3 years from mining permit to turning dirt, thats after drilling, maiden JORC, JORC, PFS, DFS and funding. the funding too may have to go through the foreign investment review board.

South america is a much quicker affair all together.