This is just very simplified napkin math but I should provide the hypotheses so it can be discussed :
200×50m Massive sulphides footprint
200×100m Disseminated sulphides footprint
Average true thickness × grade of 12%.m Ni over the massives sulphides.
(Can be 2.4m@5% or 4m@3% or any combination)
Average true thickness × grade of 6%.m Ni over the disseminated area.
(Can be 6m@1% or [email protected]% or any combination)
2.5 specific gravity
It gives a 6kt Ni contained, plus PGE/Cu credits probably ~8kt equivalent.
I believe that's pretty generous metrics considering the significant intercept tables at Stricklands in previous announcements.
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This is just very simplified napkin math but I should provide...
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