This from their websiteLAINEJAUR - BAYROCK'S FLAGSHIP ASSET
- A nickel dominant, massive sulphide resource with considerable upside
- Discovered in the early 1940's by electrical surveying followed by excavation under moraine
- Shallow underground mine (<150meters) operated until 1945
- production of 101kt at an average grade of 2.2% Ni, 0.1% Co and 0.9% Cu
- No modern exploration was undertaken until 2007 when Blackstone Minerals completed 42 core drill holes for 13,200m
- The Lainejaur 2018 Mineral Resource Estimate was restricted to a very small 0.40km2 tenement
- Bayrock has now secured a 41.2km2 holding which enables investigation of potential down- dip extensions as well as nearby untested Ni-Cu targets.
LAINEJAUR MINERAL RESOURCE ESTIMATE
- JORC 2012 compliant Inferred Mineral Resource of 460,000t @ 2.2% Ni, 0.7% Cu, 0.15% Co, 0.68/t Pd, 0.2g/t Pt and 0.65g/t Au (3.4% NiEq)
- The Resource is open down dip and does not include a considerable tonnage of low-grade Ni and Cu
- Drill intersections (within the Resource) include:
- 7.65m @ 2.1% Ni, 0.10% Co and 1.01% Cu from 168m in LAI-07-010
- 5.18m @2.64% Ni, 0.10% Co and 0.06% Cu from 215.9m in LAI-07-14A
- 9.88 @ 2.28% Ni, 0.17% Co and 0.61% from 277.35m in LAI-07-15
SEEMS TO BE A BIT OF COPPER THERELAINEJAUR - RESOURCE EXTENSION POTENTIAL
- The deposit is open down dip and the deepest intersection was 2.85 meters of 1.63% of Ni, 0.51% Cu, 0.19% Co,2.16g/t Pd, 0.62 g/t and 0.83 g/t Au from 558.3m, including 0.7m of 2.89% Ni, 0.13% Co, 8.8g/t Pd, 2.5g/t Pt and 2.9g/t Au
- Mines in the Skelleftea Mining District operate to more than 1500 meters depth
- A considerable tonnage (~1.4Mt) of lower grade Ni-Cu halo mineralisation grading >0.5%NiEq was not included in the 2018 Mineral Resource Estimate
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This from their websiteLAINEJAUR - BAYROCK'S FLAGSHIP ASSETA...
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Mkt cap ! $3.930M |
Open | High | Low | Value | Volume |
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0.4¢ | 4375989 | 12 |
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Price($) | Vol. | No. |
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Last trade - 13.46pm 16/06/2025 (20 minute delay) ? |
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