Welcome To The Inspiration Mining HUB On AGORACOM

The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

Free
Message: NEWS

Re: Vic is it all about phase one and two??

posted on Jan 06, 2010 09:06PM

As I said this may simply be the way that Micon is to deliver their report/s. Is it phased as the original NR states? We do know that SGS Met study is complete and being delivered hand in hand with this Micon report.

Now as for mining etc. We are all guessing what is or isn't. Until we get to see those filings and or the reports, we only have this NR/summation to go on. I am wondering what that credit will look like and if this is a big open pit show, that will certainly bring down the mining costs considerably. Again we need more info.

"According to the SGS report, most of the nickel value is contained within the mineral millerite, a mineral with a high nickel content which is somewhat different from other deposits known to date for the region. Excellent recoveries of nickel sulphides are obtained at a relatively coarse grind.

Based on the SGS report and on previous historical work and metallurgical recoveries from previous production from the area, the corporation believes that a platinum-palladium and a cobalt credit from the concentrates is possible."

Share
New Message
Please login to post a reply