HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: Table Set

Cupcake I hope that all this 'derisking' news does bring more buyers to the ring.  I would be ironic if Cliffs came back and developed it.

Lets not count out Mick as well.  The ring is too far from development for Niron metals but it may become interesting to Vision Blue?

https://www.miningmx.com/news/markets/45149-mick-davis-launches-vision-blue-resources-in-effort-to-chase-down-battery-assets/

Davis said demand for battery metals, which include a host of materials from vanadium through to copper and cobalt, would “… dwarf anything the mining industry has ever seen before, including the commodity impact of China’s industrialisation in the last 20 years”.

VBR said it was targeting either near production or late-stage exploration projects “and where VBR is able to work with existing management teams and shareholders to create significant value”. It will prioritise assets with phased development growth potential that can become “… increasingly significant in the market through incremental expansion and that utilise well-understood processing technologies with low-risk logistics solutions”.

It would be spectacular if Mick took a position like with Nextsource and fully funded the mine.  Mick is all in on battery metals and has been very quiet lately....Mick needs some nickel and of course would know what to do with the vanadium as well.

Hopefully there is a lot going on behind closed doors as the ring deserves the attention!

 

 

Share
New Message
Please login to post a reply