KRM kingsrose mining limited

Nickle price 150% higher than it was in 2002.I think it was...

  1. 5,866 Posts.
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    Nickle price 150% higher than it was in 2002.
    I think it was Sunrayta that responded that the conveyer belt didn't go to port: yet in Global Energy Corp. description it says it does!
    "

    Project Highlights:

    • The Råna intrusion hosts the Bruvann Nickel (copper and cobalt) mine with 9.15MT remaining resources (not including ore-grade pillars) in the underground mine;
    • The mine is open-ended in three directions that have been under-explored;
    • Bruvann mine was operated from 1989 to 2002 at an average nickel price below USD $4/lb;
    • Excellent near-mine potential;
    • Re-interpretation of geophysical survey data (including newly derived geological model) confirms six new drill targets;
    • Strong correlation between modelled conductors and surface mineralisation, including surface samples with up to 2.34% Ni, 0.27% Cu and 0.20% Co (2.98% Ni eq);
    • Drill hole intersection of 13.5m at 0.62% Ni, 0.13% Cu and 0.06% Co (0.83% Ni eq) in the margins of a large conductor;
    • Channel sample with 6.5 m at 0.63% Ni, 0.19% Cu and 0.07% Co (0.90% Ni eq) in the margins of a second large conductor;
    • The prospect lies on an ice-free fjord and Norway’s main N-S highway; and
    • Much of the mine infrastructure is still in place and maintained (roads, power lines, conveyor belt to the shipping dock just 2 km away).
    Anyone care to comment on what appears to be a incorrect publication of the facts?
 
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