GAL mineral resource ind/inf 17.5 mt 2/10/23.
Starts in fresh ore 75 metres below the surface at the western edge of the lease dipping to the east for 650 metres then plunges for the remaining 150 metres to 650 metres below surface.
The combined minerals recovered are equivalant to 0.52% nickel p/t
Mt Thirsty JV mineral resource ind/inf 66.2 mt 26/4/23.
Over 80% of the weathered ore is between 40 and 60 metres below the surface.
Using prices of Ni us$19,000 p/t Co us$33,000 p/t and Mn us$1780 p/t*
Recoveries Ni 92% Co 90% and Mn 90%*
* using Mn price 26/4/23 ann, also the Mn recovery is a guess.
The combined minerals recovered are equivalent 0.52% nickel p/t
GAL also has a similar resource in the weathered zone and they intend to carry out further exploration in the fresh ore.
AIMO.
GSR Price at posting:
0.9¢ Sentiment: None Disclosure: Held
