what I do think is reasonable thinking is this find at cork tree...

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Geiger Counter

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23/01/22

10:33

Post #: 59068422
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Originally posted by Geiger Counter: ↑

the southern most drill hole intercepted nickel at depth. Mineralisation in the south seems deep. Moving north the nickel mineralisation seems to get shallower with the likely intercept length also increasing (but we really do not know this for sure as all holes seem to end in mineralisation). The northern holes all end in mineralisation and range in intercept length from 40 to 80m - open at depth. The 80m intercept is most interesting as the grade is consistent high. The results we await now are all about continuity along strike and along drill intercept. If these two factors pan out as anticipated then we have a long consistent ore body open along strike to the north and at depth.

If one is to speculate (and I do just for the fun of it) and assuming a homogenous ore body of 1500m x 80m x 20m width and a specific gravity of 3.3 we could think that there is a ~8 Mt ore body that may be outlined (assuming width is accurate - we have no real idea on this). An orebody of this size with 1% average grade would be ~80kt of nickel. At current prices that is $1.9 billion.

but I speculate much on a handfull of results and no real understanding of the geology.

do your own research as this is real speculative thinking in the absence of anything concrete.

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what I do think is reasonable thinking is this find at cork tree seems similar to Duketons C2 project - but possibly larger in all aspects.

BTR Price at posting: 7.2¢ Sentiment: Hold Disclosure: Held
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