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Yes recoveries are excellent with this high grade quality of...

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dolcevita

30,334 Posts.

1837

23/03/22

13:46

Post #: 60368965
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Originally posted by eastwest101: ↑

We will have to wait and see the results of the MRE from CSA Global, my arm-wavy back of the envelope guess with the three pods and minimum mining width of 3m would be in the ballpark of a 910,000 tonne resource at a grade around 1.38% Ni and 0.49% Cu (assuming a density of 2.75 and I'm not really confident enough in Co recoveries to suggest a Co head grade although some may report to a Copper Concentrate as a payable?)

So 910Kt tonnes of ore at 1.38% Ni and 0.49% Cu comes to around 11.3Kt of Ni and 4.5Kt Cu metal assuming 90% recoveries, and assuming no more mineralization found that is converted to ore resources or reserves.

As I said - very arm wavy and ballpark only, just to give some an idea of scale in so far as what tonnage at what grades could pop out of the MRE.

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Yes recoveries are excellent with this high grade quality of nickel. It's premium.

AZS Price at posting: 37.0¢ Sentiment: Buy Disclosure: Held
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