MRZ 0.00% 5.0¢ mont royal resources limited

Ann: Maiden Drill Program Hits Nickel-Copper Sulphides at Wapatik, page-9

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    Given the non-release of visuals by Azimut - MRZ trying to keep interest through twitter. If my eyes aren't deceiving me, that appears to be some fantastic looking drill core they all seem to be looking at!!!smile.pngsmile.png

    Another point worth noting is the apparent high grade nature of mineralisation. MRZ reported

    2.68% Ni, 1.30% Cu, 0.09% Co over 3.30 m including:

    • 3.63% Ni, 0.48% Cu, 0.12% Co over 1.0m,and

    • 3.04% Ni, 0.75% Cu, 0.10% Co over 1.1m

    By my calcs, the remaining 1.2m must be grading approx 2.16% Ni, 3.05% Cu and .09% Co to arrive at the reported 3.3m grades above?

    Looking at the drill core highlights that the disseminated sulphides in this interval must be highly mineralised (for disseminated sulphides) to get the grades above, potentially boding very well for upcoming assay results over much larger drill intercepts not to mention these current six holes being drilled. Remembering, this was grading .3% Ni and 1% Cu in rock chips at surface.

    At this very early stage, Wapatik is showing highly mineralised peridotite/dunite - which is analogous with both the Eagle and Eagle Nest Ni/Cu deposits as has been pointed out by both AZM and MRZ previously. All is pointing to being on an absolute cracking nickel/copper discovery here. With next results, hopefully markets should wake up to this.


    As always DYOR
 
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