Ann: Company Presentation, page-3

Some comments on presentation and other aspects.



I wondered about the up dip/plunge potential of Yappsu.  Assuming there is an extension of known mineralisation to near surface, consistent with 'dip' on this image, yields the above.  Projecting these extrapolated points onto the MLEM map gives something like this.


If anywhere near correct the MLEM survey is IMO probably too wide spaced to give much indication of any near surface mineralisation.
Having said that the "noisy" 2009 data would suggest the shallow extensions are weak or non existent.


The above ideas could change significantly once the 3D orientation of mineralisation is more accurately established.

I registered a comment that the depth at Yappsu was similar to that of Nova.  Correct but the nature of mineralisation drilled to date is much lower grade than Nova.  Thicknesses are comparable so it will be interesting to see how any PEA/Scoping study shape up.  If Nebo Babel are developed then there is no need for Yappsu to be a stand alone mine - a significant economic advantage if it comes to that.

The resource drill out at Nebo and Babel is to a nominal 100x50m which at the scale of the images below starts to resemble Swiss cheese.

BHP's Jorc pre 2014 was 446Mt @ 0.33% Ni, and 0.35% Cu etc.  Drilling on this density should upgrade a large portion of this into the indicated range if conversion is high.

The 5 ton PQ core metallurgy test tweaked my interest and sent me looking for the BHP resource estimate.


A hint the WMP may be going after all of it at Nebo Babel rather than high grade only???

GLTAH DYOR