AEX 0.00% 1.1¢ acclaim exploration nl

Acclaim - opening briefing

  1. 2,218 Posts.
    An open briefing has been released today. Main points, as interpretated by me, are:

    Current drilling is designed to 'outline potential' for 500 million tonnes at 1% nickel oxides.

    Grade seems to increase at depth

    Nickel leaching optimization testwork to be completed in two-three months

    Focus seems to be on deeper of two oxide ore types

    Will run the capital cost and operating cost estimates for a 50-100,000 tpa plant

    Continuing to drill basal contact for sulphides

    angus

    I hold AEXO
 
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