For a bit of context.. There's mixed concentrations, some of which is very impressive (~2%, 3% and 4%). The area is soaked in Ni, they're not going to have to dig down to one vein of it - the stuff is from the surface ALL the way down in varying (and some crazy excessive) quantities.
"NICKEL: This valuable metal doesn’t usually occur in nature as a bulk tonnage target since most bulk tonnage mines contain 100 million tonnes of ore or more, and most hard rock nickel deposits are less than 10 million tonnes in size. Therefore, anything over 20 metres in thickness (significantly less thickness than other commodities) and 2% nickel grade or better would be reasonably considered high-grade. Example: In September 2007, Noront Resources released two nickel intercepts from shallow drilling between 80 metres and 150 metres deep, with a section of 71 metres grading 1.8% nickel and 1.5% copper. The stock moved from $0.80 to $4.00."
8.2 m at 0.54% Ni from 220.8 m and 20 m at 1.42% Ni from 234 m (including 2.2 m at
4.18% Ni from 242.4 m, 1 m at 2.27% Ni from 246.2 m and 5 m at 1.93% Ni from 248 m) in
MERC143 (DD)
o 16 m at 1.79% Ni from 277.1 m (including 4 m at 3.10% Ni from 280 m) and 5.9 m at 2.16%
Ni from 287.2 m in MERC144 (DD)
o 0.8 m at 1.84% Ni from 330.5 m and 4.4 m at 1.97% Ni from 334 m in MERC145 (DD)
o 3.5 m at 1.11% Ni from 244.1 m (including 0.7 m at 3.44% Ni from 244.1 m) and 8.6 m at
1.08% Ni from 269.6 m including 2 m at 1.63% Ni from 275.1 m in MERC134 (DD)
o 3 m at 1.43% Ni from 136 m (including 2 m @ 1.69% Ni from 137 m) and 3 m @ 1.02% Ni
from 164 m in MERC132 (RC)
o 1.1 m at 1.9% Ni including 0.1 m at 4.33% Ni from 360.9 m in MERC129 (DD)
o 1 m at 1.38% Ni from 184 m in MERC130 (RC)
o 8 m at 1.16% Ni from 274 m including 3 m at 1.95% Ni from 278m in MERC137 (DD)
(20min delay)