NIM 1.54% 6.4¢ nimy resources limited

Ann: Hole Intersects 54m of Nickel Copper Sulphides from 118m, page-18

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    Will be reasonably low tenor, just like the last hit which, I admit, was better than I thought it was going to be (see previous comments).
    I think the concern I have is the conductor plates are relatively short strike length.

    But, the prospectivity and chances of finding ore (versus just mineralisation) within the Mons project, have significantly improved from this hole and the discovery hole. For example, the early disclosures mentioned nickel mineralisation at levels which were below the silicate carrying capacity for Ni of 0.44-0.46% Ni. However, now they have distinct magmatic sulphides. So I'm at least rolling my previous words around in my mouth for the taste of them.


 
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