Ann: Potential Primary REE Targets at Quicksilver, page-33

First 33 Last

Share
Profile

Follow
bluebird

1,143 Posts.

233

12/06/23

12:52

Post #: 68244659
Share

Originally posted by AlphaAlkaline: ↑

Unless I have misinterpreted the information, it appears that there is a belief that the release of the core samples associated with the large nickel-cobalt oxide resource at Quicksilver 1 & 2 are the 3rd stage metallurgical samples , However, I would like to clarify that this assumption may not be entirely accurate.To provide further context, here are some of the best results announced to date from the core samples:
• QAC0010: 4m @ 3,295ppm TREO (including 1m @ 7,915ppm TREO) from 42m.
• QRC0039: 10m @ 2,548ppm TREO (including 1m @ 3,949ppm) from 21m.
• QRC0135: 1m @ 10,600ppm TREO from 57m.
• QRC0061: 1m @ 6,700ppm TREO from 8m. As for the current status, my understanding is that we are now awaiting the results of the Stage 3 metallurgical testwork, which is currently underway. This phase commenced after the completion of 8 PQ diamond holes, covering a total of 548.9m. All the samples have been delivered to the BV laboratory in Canning Vale for analysis. We anticipate receiving the assay results in approximately 4 to 6 weeks, with the final metallurgical results expected within approximately 12 to 16 weeks from April 5th, considering laboratory availability.

The Stage 3 metallurgical testwork is specifically designed to further de-risk the proposed extraction flowsheet for nickel and cobalt, ultimately proceeding to a Scoping Study. Wood PLC has been engaged to design and manage the metallurgical test work program, which will be carried out at Bureau Veritas in Canning Vale. The program will involve testing approximately 1600kg of bulk sample, comprising 2 x 100kg samples per hole.
Upon completion of the main test program, the Company plans to incorporate additional studies, subject to sample availability. These studies aim to explore further downstream options, including the potential for REE extraction, secondary nickel products suitable for electric vehicle (EV) batteries, high-value industrial products, and Scandium extraction potential.
Additionally, it is important to note that the diamond core results are currently overdue. understand the anticipation surrounding these results, to finalize the analysis and provide them as soon as possible. the final metallurgical results are expected within 12 to 16 weeks from April 5th, placing us around the 28th of June. This timeline will allow us to conduct bench metallurgical testwork specifically focused on potential REE recoveries, further expanding the project's potential.

Expand

It's not just the results, it's the interpretation of them that is important, an appreciation of what is at hand.

Importantly, the prospectivity, the ease of access and obviously, marketability.

Mt Weld has been around since the 1960's!

G88 Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

PH2

Hydrogen – The new trends: Plug Power, Pure Hydrogen, thyssenkrupp

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

AII

Escalation in the Middle East – Why the US military needs Almonty Industries

MTS

'Outperforming' Metcash books profits lift – even as illegal tobacco rocks sales

ASX Market Close: Virgin soars on IPO | June 24, 2025

First 33 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 1.3¢		Change 0.000(0.00%)		Mkt cap ! $7.075M

Open	High	Low	Value	Volume
1.3¢	1.3¢	1.2¢	$30.15K	2.320M

Buyers (Bids)

No.	Vol.	Price($)
1	257000	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	381970	2

View Market Depth

No.	Vol.	Price($)
1	257000	0.012
7	674216	0.011
7	3463000	0.010
5	5740000	0.009
2	2000000	0.008

Price($)	Vol.	No.
0.013	381970	2
0.014	273378	2
0.015	1500000	1
0.016	941005	2
0.017	500000	1

Last trade - 16.10pm 24/06/2025 (20 minute delay)

G88 (ASX) Chart

Ann: Potential Primary REE Targets at Quicksilver, page-33

Hydrogen – The new trends: Plug Power, Pure Hydrogen, thyssenkrupp

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Escalation in the Middle East – Why the US military needs Almonty Industries

'Outperforming' Metcash books profits lift – even as illegal tobacco rocks sales

ASX Market Close: Virgin soars on IPO | June 24, 2025

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Potential Primary REE Targets at Quicksilver, page-33

Top Stories

Hydrogen – The new trends: Plug Power, Pure Hydrogen, thyssenkrupp

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Escalation in the Middle East – Why the US military needs Almonty Industries

'Outperforming' Metcash books profits lift – even as illegal tobacco rocks sales

ASX Market Close: Virgin soars on IPO | June 24, 2025

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News