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Earlier this year, the Australian company posted a maiden nickel sulphide resource estimate of 1.044-billion tonnes and a 1.5-million ounce gold estimate for its Edleston Project, 60 kilometres by road south of the city.
Further potential exploration results including also for lithium, rare earths, and nickel sulphide.
Importantly, this hole successfully intersected a 10m thick zone of semi- massive and massive nickel sulphide mineralisation from 612m depth within a broader 20m intersection.
In addition, 20% of massive sulphide samples, 10% of semi-massive sulphide samples, and 5% of stockwork samples from Phase 1 of drilling were sent to ALS for check assays.
In addition, 20% of massive sulphide samples, 10% of semi-massive sulphide samples, and 5% of stockwork samples from Phase 1 of drilling were sent to ALS for check assays.
In addition, Max controls the RT Gold project (100% earn-in) in Peru, encompassing a bulk tonnage primary gold porphyry zone, and 3-km to the NW, a gold bearing massive sulphide zone.
Source: https://investingnews.com/hudbay-s-copper-world-project-receives-positive-permitting-update/
Peak production of 42 ktpa of nickel – would be one of five largest nickel sulphide operations when in production.
Source: https://investingnews.com/canada-nickel-confirms-major-discovery-at-reid-provides-financing-update/
Several drill targets on gravity anomalies have been identified in reef-margin positions, consistent with Kipushi-style massive sulphide targets.
Sherritt's Moa Joint Venture has a current estimated mine life of 26 years and has embarked on an expansion program focused on increasing annual mixed sulphide precipitate production by 20% or 6,500 tonnes of contained nickel and cobalt (100% basis).
Source: https://investingnews.com/sherritt-reports-fatality-at-its-moa-joint-venture-mine/
The Company is currently analyzing the next expansion of the sulphide concentrator.
Source: https://www.ibtimes.com.au/press-release/20231104/capstone-copper-reports-third-quarter-2023-results
The deposit is open to the north into an area where previous mapping had identified extensive sheeted quartz – sulphide veining in the Saddle intrusion, returning gold values ranging from 0.06 to 4.54 g/t.
The Project has the right geological and structural setting for large magmatic Ni-Cu sulphide deposits just 40km east of the world-class Nebo-Babel Ni-Cu deposit.
The strong copper sulphide dominant mineralisation was encountered where the skarn is in contact with the quartz monzonite porphyry.
The surveys aim was to improve the understanding of the geometry of the mineralization-bearing faults and veins, and identify potential sulphide mineralization, its shape, and extent.
Source: https://www.cbj.ca/excellon-provides-update-on-globex-royalty-property-area-silver-city/
The updated Mineral Resource estimate includes a significant increase in the oxide Mineral Resources, and an initial sulphide Indicated Mineral Resource estimate.
Source: https://investingnews.com/prismo-metals-expands-drill-program-at-palos-verdes/