posted on
Sep 26, 2011 07:20PM
Welcome To WellGreen Platinum on AGORACOM
Large Mineral Resource: 5.5 Moz PGM+Au, 2.9 B lbs Ni+Cu (M&I) with 13.8 Moz PGM+Au, 7.0 B lbs Ni+Cu (Inferred)
Message: Re: Eodway...
It's great news.
It proves the 2 deposits are one just as I have been saying for a while now.
I don't know how many tons we added... I would guess about 20,000,000. But as is pointed out before that the really good news is in the details.
"The high grade intercept located between the two resources is significant in that it not only demonstrates that the East and West zone resource form a single, geologically contiguous body, but also indicates that the higher grade material in the East Zone continues to the west and at depth at Wellgreen.
The West Zone, contributing approximately 24% of the Wellgreen inferred resource (see table 3 below) is currently mostly defined in the upper 200 meter portion from surface, with very little drilling beyond 250 meters from surface. The results of WS11-188 indicate the exploration upside within immediate proximity to the already defined Wellgreen resource, which is shown open to depth (West and East), and past the east boundary of the East Zone."
It's sad this news was overlooked and under appreciated but eventually the herd will wake up.
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