RIL 20.0% 0.3¢ redivium limited

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  1. 6,101 Posts.
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    Spec buy for me also.

    QVR (Queen Victoria Rocks) is good looking nickel ground according to older government maps. I'm not a geologist, but the maps have lots of mafic/ultramafic stuctures that appear to be similar to other real good nickel-sulphide regions/mines (Kambalda, Widgiemooltha, etc). There are gaps in the maps that might be full of nickel... only time and exploration will display this. I can only find limited exploration reports... mostly old Spargos explorations. It appears that there has been limited exploration in this region over the years and the upside exploration potential for nickel looks to be the best I can find in a company of HNRs size.

    Maggie Hays deposit... well, hanging off the side of that, HNR.AX might have a similar potential to FXR.AX hanging off the side of WSA.AX

    There are a few other prospects that HNR has going as well... they all look good... but my favourite is definately at QVR (Queen Victoria Rocks).
 
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