More on nickel deposits (look at grades, tonnage will come)
posted on
Jul 17, 2008 03:13PM
NUINSCO
Minago is a large, potentially open pittable sulphide nickel deposit located in Manitoba’s prolific Thompson nickel belt.
Minago hosts 30 million tonnes of NI 43-101-compliant measured and indicated resources grading 0.64% nickel for 423 million pounds of in-situ nickel, and a further 27 million tonnes of inferred resources at 0.67% nickel hosting 399 million pounds of in-situ nickel making it one of Canada’s largest undeveloped nickel deposits.
And just look at the cut-off grade of 0,4%, you can transfer Noront´s 1% cut-off into that and Eagle 1 tonnage would have increased quite a bit:
Minago resources are estimated using a 0.4% nickel cut-off grade. The measured and indicated category is comprised of the following: measured resource: 7,330,000 tonnes grading 0.70% nickel and indicated resource: 22,510,000 tonnes grading 0.67% nickel.
FANTOMAS