Last week I wrote about Kodiak’s Caribou Lake project, and mentioned Voisey’s Bay in the same item. My note drew this response from Clint of cyberspace:
“Your comments on the Kodiak exploration in the NWT comparing them to Voisey’s Bay are very misleading. The nickel and copper assays of less than 0.07% are not high enough to make ore. Voisey’s Bay [assays] were 7% Ni and higher”.
For the record, the Ovoid deposit now being mined at Voisey’s Bay contains proven and probable reserves of 32 million tonnes averaging 2.82% Ni, 1.54% Cu and 0.14% Co. Grab samples from a vein at Caribou Lake have assayed up to 0.62% Ni, 19.7% Cu and 0.07% Co. Time will tell what reserves may be identified at Kodiak’s project.