I agree that the numbers have to better to be economic. This is what NOT had in their resource estimate for the McFauld's Lake project:
Eagle’s Nest Indicated Resources |
|
|
|
|
Tonnes |
Ni(%) |
Cu(%) |
Pt(g/t) |
Pd(g/t) |
6,900,000 |
2.04 |
0.95 |
1.3 |
3.4 |
Eagle’s Nest Inferred Resources |
|
|
|
|
Tonnes |
Ni(%) |
Cu(%) |
Pt(g/t) |
Pd(g/t) |
4,300,000 |
1.42 |
0.87 |
0.8 |
3.4 |
I wonder what prompted Kodiak to revive the project . Maybe there was a land expiry issue.