CZI 0.00% 11.5¢ cassini resources limited

Three large bulk Ni/Cu deposits with various credits that could...

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  1. 1,373 Posts.
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    Three large bulk Ni/Cu deposits with various credits that could be seeing production in the next few years.
    Royal Nickel's Dumont deposit is the largest in terms of tons with the lowest grade Ni of the three and no significant Cu.
    royal nickel dumont quebec.JPG
    Polymet's Northmet deposit is about the same size as Nebo Babel combined but Cu grade is a tad lower with no significant Ni.
    nor met resource miinnesota.JPG

    Cassini Resources Nebo Babel:
    nebo babel resource 2017.JPG
    Not much higher grades for Cu/Ni/Co but significant with the tons involved.  Also a nice "little" bit of satellite potential with Succouth!

    Not an exhaustive study with probably other sulphide deposits that could join the list.

    I have known about the two North American one's since the 1970's.  
    INCO (?discovered Wingellina 1950's) tried to get the Ely deposit in the Duluth Intrusive Complex into production but ran into permitting and environmental issues in ?1970s.  Polymet may be looking to develop a different deposit in the same intrusive but with less opposition.

    I remember the ?discovery of Dumont in the 1970's and thinking "boy that's low grade!"

    It will be interesting to see if any or all of these deposits get turned into mines over the next few years.

    N-B IMO is likely to make it if the metal prices hold up as initial studies show low quartile costs make it economic even at lowish Cu Ni prices.

    Might be a boring stock in some ways but exciting ones are hard on the blood pressure.
 
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