GBR 2.38% 4.3¢ great boulder resources limited

Ann: Eastern Mafic Taking Shape at Mt Venn Copper-Nickel Project, page-10

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  1. 3,055 Posts.
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    This is still very disappointing. It's interesting they have identified multiple types of nickel-bearing sulphides with different tenor and enrichment trends, but even their high tenor sulphides aren't exceptional, at 2%. Some of the Kambalda nickel sulphides go 9% Ni in 100% sulphide.

    The disappointing thing is...the nickel tenor of a mineralised system doesn't change. Once the system begins producing sulphide, its features in terms of nickel tenor don't vary. So even the Eastern Mafic won't get much above 2% nickel in massive sulphide. Which wouldn't be terrible if you found enough of it - say, a chonolith body or something like that, with 50Mt+ of massive or semi-massive. But so far, no indications of that on the horizon.
 
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