REZ 0.00% 2.4¢ resources & energy group limited

How big is Springfield Nickel prospect?

  1. 4,766 Posts.
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    Springfield measures 3,500m x 1,500m and reported mineralized downhole intervals average 18.5 meters. This indicates a speculative / conceptual target of over 200,000,000 tonnes. Average grade of reported holes averages 0.425% nickel plus other assorted goodies. This equates to a gold equivalent grade of 1.4 g/t au plus goodies. The very interesting geological fact about this sulfide nickel orebody is that it is amenable to simple acid leach. The current EV for REZ is miniscule. This explains the recent spike to 3.5 cents, now available at 1.5 cents, if you can get any. I have been shopping the bid for a week to add to my position. Good luck to all longs. More about REZ multi million ounce gold target in a following post tomorrow.
 
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