ESR - MCAP 33M
Ann out drilling Spargoville working towards DFS and going into Nickel production in near term-several offers made for the project but company decided to withdraw from sale and move project towards development/production.
-Simple project open-pit cut
-nearby BHP's Kambalda Nickel Concentrator which is open for third party ore processingprevious drill results from Spargoville include impressive grades of:15m at 10.45% Ni, 0.78% Cu, 0.20% Co, 0.87g/t Pb, and 1.15g/t Pt from 20m5m at 11.32% Ni, 0.54% Cu, 0.21% Co, 0.42g/t Pd, and 0.22g/t Pt from 61m3m at 12.90% Ni, 1.37% Cu, 0.29% Co, 1.86g/t Pd, and 0.67g/t Pt from 69m
Has JORC resource of 127,000 tonnes of 1.9% Ni and 0.15% Cu.
Company looks to continue drilling to expand resource.Also has a 2nd project (primary) Car Boyd which hit massive sulfides in 2020 which shot its share price from 1c to 25c high over a week.Near term nickel producer, 2 projects in tier 1 mining location all for 33M cap?
Gotta be kidding thanks for listening to my pitch haha
TraderRRRR
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ESR - MCAP 33MAnn out drilling Spargoville working towards DFS...
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