BSX 5.56% 5.1¢ blackstone minerals limited

For those that don't understand the important comparison to Mt....

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    For those that don't understand the important comparison to Mt. Keith Nickel operations WA (BHP) that is regularly mentioned.

    Facts on Mt Keith:
    Mount Keith is one of the world’s largest low grade nickel mines, with total resources of 477 Mt (cut off of 0.4% Ni).
    Considered to be the largest Open Pit Ni mine in the world.
    The orebody strikes for 2 kilometres, to at least 500 metres deep.
    11.5mtpa throughput with reported recoveries of 62%
    FIFO workforce generally on 8:6, Aerodrome nearby.
    Production capacity is 35-45ktpa Ni

    Only recently has it started development at the Goliath and Six Mile Well open pits, previously known as the Yakabindie nickel project, in Western Australia, the satellite deposits are expected to deliver concentrator feed to the nearby Mount Keith nickel operations for up to 10 years.

    Mt. Keith Concentrate Journey:

    Mount Keith Concentrate is trucked to [90km]Leinster Nickel operation and blended with their high grade NiS & Cliffs NiS,
    Dried to powder concentrate <0.5% moisture by GT drier unit, then pressure vacuumed into a Road trains and trucked [135km] to by road to Leonora,
    At Leonora it is pressure vacuumed out off Road trains into Silos, then onto freight trains and railed [235km] to Kalgoorlie where it meets up with other concentrate from Kambalda, Nova and elsewhere,
    Here it gets smelted per metallurgical requirements into matte product, this matte is then put in containers and onto freight trains and railed [627km] to Kwinana Nickel Refinery, where nowadays its either processed to Ni briquettes for exporting to Stainless Steel market
    or into their new Ni sulphate - 100ktpa facility.

    BSX Advantages over BHP NiWest Mt Keith:No [1087km] journey from site to Sulphate plant or [1000km] for blended Con to Sulphate plant

    We have a Local workforce and camp onsite no FIFO.

    Blending (DSS and MSV) done on site, removes all these mutli-handling steps and transport issues BHP has. (Train derailments, Road train issues, Silo Vacuum blow outs, Drier tripping).

    The deeper the disseminated zone goes the higher the grade. a resource of 159mt @ 1.2% is eq. to Mt. Keith's 477mt @ 0.4%
    Not saying we will prove up that tonnage, but Mt. Keith has a depth of 500m to keep in mind.
    At a current 300m, could have potential 40% depth remaining or more, We could come close to 50% of their resource.

    We have no intermediate steps of smelting required to form matte product, saving considerable time and money.

    Its good to be compared to one of the worlds biggest Disseminated Ni ore body, whilst also having the bonus of hosting multiple high grade NiS ore bodies in close proximity.
 
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