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Quality Of Nickel Discovered In Nigeria Is “extraordinary” – Comet, An Australian Mining Firm

Quality Of Nickel Discovered In Nigeria Is “extraordinary” – Comet, An Australian Mining Firm

Quality Of Nickel Discovered In Nigeria Is  “extraordinary” – Comet, An Australian Mining Firm
Premium Times - The abundance of native nickel balls recently discovered in Nigeria is “an extraordinary occurrence in a style not known to have been previously documented”, Comet, a private mining syndicate headed by veteran Australian miner, Hugh Morgan, has said.

In a paper distributed at the Africa Down Under Conference which held September 7 – 9 in Perth, Australia, the company said the discovery had “important implications” for nickel exploration worldwide.

The paper was delivered by the Comet team comprising Mr. Morgan, Professor Louisa Lawrence, Stephen Davis, and Steven Pragnell.

The metal named “Titan”, measuring 0.1-5.0 millimetres in diameter and weighing an estimated three weight percent, was found on the southern margin of the Jos Plateau, near the rural villages of Dangoma and Bakin Kogi, Kaduna State.

“Although the bedrock has not been tested at depth, the wide distribution of abundant nickel metal balls and their secondary ferruginous alteration product within residual weathered bedrock at Titan, indicates a highly endowed primary mineralised system,” Comet said.
“To our knowledge, this style of high-grade native nickel metal deposit has not been previously documented.”

Nigeria’s Minister for Solid Minerals, Kayode Fayemi, was among the speakers at the three-day event held at the Pan Pacific Hotel in Australia.

Mohammed Abbas, the permanent secretary at the ministry, said the discovery was made “many months ago” and urged the public to allow the government produce a detailed report.

The Comet team said the metal was identified and exploration commenced in early 2015.

“Pits dug up to six metres deep, at roughly 200 metre centres, show the nickel occurs in a coarse-grained micaceous felsic unit, associated with localised zones of mafic and olivine-rich ultramafic bedrocks”, the team said.

Traces of other metals such as zinc, copper, lead, and cobalt were also detected in the core and rims of the nickel.

The team said ongoing activation of major bedrock structures in the area had resulted in recent tectonic shift and exposure of fresh nickel metal at the surface in an erosional drainage basin at Titan.

“However, the nickel balls are not physically (concentrated) into a heavy mineral fraction within the soil cover sequence due to the low erosional gradient in the catchment and the freshness of the bedrock.

“Furthermore, the exposed metal balls are prevented from significant oxidation due to good drainage and the formation of a protective stable secondary oxide layer on the metal surface.”

The project area spans 20 square kilometres where high concentrations of ferruginous brown balls extend over a half a kilometre to the north and west of the nickel metal occurrence.

“Although the bedrock has not yet been tested at depth, the wide distribution of abundant nickel metal balls and their secondary ferruginous alteration product within residual weathered bedrock at Titan, indicates a large highly endowed primary mineralized system,” Comet said.
“To our knowledge, this style of high-grade native nickel metal has not been previously documented.”

It was gathered that Comet is currently focusing its exploration on developing a nickel project that targets the native nickel balls in the shallow weathered bedrock over an area of a half square kilometre.

The company is reportedly seeking funding to continue exploration and has approached a few interested parties.

Nickel is primarily sold for first use as a refined metal. About 65 percent of it, consumed in the West, is used to produce stainless steel.
The world’s largest producers of the metal include The Philippines, Indonesia, Russia, Canada, and Australia, according to the US Geological Survey.

Last month, Mr. Fayemi told Bloomberg that one of the Nigerian government’s priorities is to meet its annual steel demand of 6.8 metric tons, from a current output of less than 2.5 metric tons, produced mainly from scrap iron.
“In two to five years, we want to have started production of iron ore, lead, zinc, bitumen, nickel, coal, and gold at a serious scale,” Mr. Fayemi had said.
Quality Of Nickel Discovered In Nigeria Is  “extraordinary” – Comet, An Australian Mining Firm
Premium Times - The abundance of native nickel balls recently discovered in Nigeria is “an extraordinary occurrence in a style not known to have been previously documented”, Comet, a private mining syndicate headed by veteran Australian miner, Hugh Morgan, has said.

In a paper distributed at the Africa Down Under Conference which held September 7 – 9 in Perth, Australia, the company said the discovery had “important implications” for nickel exploration worldwide.

The paper was delivered by the Comet team comprising Mr. Morgan, Professor Louisa Lawrence, Stephen Davis, and Steven Pragnell.

The metal named “Titan”, measuring 0.1-5.0 millimetres in diameter and weighing an estimated three weight percent, was found on the southern margin of the Jos Plateau, near the rural villages of Dangoma and Bakin Kogi, Kaduna State.

“Although the bedrock has not been tested at depth, the wide distribution of abundant nickel metal balls and their secondary ferruginous alteration product within residual weathered bedrock at Titan, indicates a highly endowed primary mineralised system,” Comet said.
“To our knowledge, this style of high-grade native nickel metal deposit has not been previously documented.”

Nigeria’s Minister for Solid Minerals, Kayode Fayemi, was among the speakers at the three-day event held at the Pan Pacific Hotel in Australia.

Mohammed Abbas, the permanent secretary at the ministry, said the discovery was made “many months ago” and urged the public to allow the government produce a detailed report.

The Comet team said the metal was identified and exploration commenced in early 2015.

“Pits dug up to six metres deep, at roughly 200 metre centres, show the nickel occurs in a coarse-grained micaceous felsic unit, associated with localised zones of mafic and olivine-rich ultramafic bedrocks”, the team said.

Traces of other metals such as zinc, copper, lead, and cobalt were also detected in the core and rims of the nickel.

The team said ongoing activation of major bedrock structures in the area had resulted in recent tectonic shift and exposure of fresh nickel metal at the surface in an erosional drainage basin at Titan.

“However, the nickel balls are not physically (concentrated) into a heavy mineral fraction within the soil cover sequence due to the low erosional gradient in the catchment and the freshness of the bedrock.

“Furthermore, the exposed metal balls are prevented from significant oxidation due to good drainage and the formation of a protective stable secondary oxide layer on the metal surface.”

The project area spans 20 square kilometres where high concentrations of ferruginous brown balls extend over a half a kilometre to the north and west of the nickel metal occurrence.

“Although the bedrock has not yet been tested at depth, the wide distribution of abundant nickel metal balls and their secondary ferruginous alteration product within residual weathered bedrock at Titan, indicates a large highly endowed primary mineralized system,” Comet said.
“To our knowledge, this style of high-grade native nickel metal has not been previously documented.”

It was gathered that Comet is currently focusing its exploration on developing a nickel project that targets the native nickel balls in the shallow weathered bedrock over an area of a half square kilometre.

The company is reportedly seeking funding to continue exploration and has approached a few interested parties.

Nickel is primarily sold for first use as a refined metal. About 65 percent of it, consumed in the West, is used to produce stainless steel.
The world’s largest producers of the metal include The Philippines, Indonesia, Russia, Canada, and Australia, according to the US Geological Survey.

Last month, Mr. Fayemi told Bloomberg that one of the Nigerian government’s priorities is to meet its annual steel demand of 6.8 metric tons, from a current output of less than 2.5 metric tons, produced mainly from scrap iron.
“In two to five years, we want to have started production of iron ore, lead, zinc, bitumen, nickel, coal, and gold at a serious scale,” Mr. Fayemi had said.

JUBILATION As Australian Syndicates Discovers Billion of US$ Worth World Class Nickel In Northern Nigeria

JUBILATION As Australian Syndicates Discovers Billion of US$ Worth World Class Nickel In Northern Nigeria

JUBILATION As Australian Syndicates Discovers Billion of US$ Worth World Class Nickel In Northern Nigeria
A relief might be coming amidst the lingering economic crunch in Nigeria as an Australian mining syndicate led by Hugh Morgan has just discovered a highly unusual nickel worth billion of United States of American dollars in Northern Nigeria, The Australian, an Australian National Newspaper published earlier today.

According to the newspaper, "the discovery is unusual because the nickel is found in small balls up to 3mm in diameter of a high purity in shallow soils in what could be the surface expression of a much bigger hard-rock nickel field."

"The nickel balls, rumoured to grade better than 90 per cent nickel and thought to be a world first given their widespread distribution, offer the potential for early cashflow from a simple and low-cost screening operation to fund a full assessment of the find that has exploration circles buzzing."

Details on the find are sketchy, the reporter says

When asked to comment last week, Mr Morgan would only say it was for the Nigerian government to make an announcement.

Nickel is no stranger to the Liberal Party bulwark and former Reserve Bank board member. Between 1990 and 2003 he was chief executive of Western Mining Corporation (taken over by BHP Billiton in 2005) when it was Australia’s biggest nickel producer.

What is known is that Nigeria’s Minister for Solid Minerals, Kayode Fayemi, is listed to speak at the three-day Africa Down Under mining conference at Perth’s Pan Pacific Hotel next month, with past conferences drawing bumper crowds.

Dr Fayemi is to speak first on Wednesday September 7, and Mr Morgan will follow along with consulting geologist Louisa Lawrance. Mr Morgan is listed as speaking as a director of the private company Comet Minerals.

The discovery, Titan, is rumoured to be close to Dangoma, a small farming town about 160km northeast of the Nigerian capital of Abuja.

Dr Fayemi is one of 13 African mines ministers to attend this year’s Africa Down Under, reflecting the importance African nations place on attracting Australian mining expertise and funding for mining.

Nigeria itself has a stated ambition to grow its mining sector as an offset to its dependence on the oil industry, which has been ravaged by the slump in prices.

It has said it wants to attract billions of dollars of new investment in the sector, a push that could benefit from likely international interest in the Titan find by Mr Morgan’s private syndicate.

Earlier this month, Dr Fayemi told Bloomberg that about $US5 billion would “kickstart the mining sector”.

“In two to five years, we want to have started production of iron ore, lead, zinc, bitumen, nickel, coal and gold at a serious scale,” he said

JOB VACANCIES: Massive Recruitment By FG At Nigerian Railway Corporation, Details On How To Apply Here

How I Increase My Blokos Size & Stopped Premature Ejaculation Issues That Scattered My Relationship For 2years.. Click HERE for Details 

JUBILATION As Australian Syndicates Discovers Billion of US$ Worth World Class Nickel In Northern Nigeria
A relief might be coming amidst the lingering economic crunch in Nigeria as an Australian mining syndicate led by Hugh Morgan has just discovered a highly unusual nickel worth billion of United States of American dollars in Northern Nigeria, The Australian, an Australian National Newspaper published earlier today.

According to the newspaper, "the discovery is unusual because the nickel is found in small balls up to 3mm in diameter of a high purity in shallow soils in what could be the surface expression of a much bigger hard-rock nickel field."

"The nickel balls, rumoured to grade better than 90 per cent nickel and thought to be a world first given their widespread distribution, offer the potential for early cashflow from a simple and low-cost screening operation to fund a full assessment of the find that has exploration circles buzzing."

Details on the find are sketchy, the reporter says

When asked to comment last week, Mr Morgan would only say it was for the Nigerian government to make an announcement.

Nickel is no stranger to the Liberal Party bulwark and former Reserve Bank board member. Between 1990 and 2003 he was chief executive of Western Mining Corporation (taken over by BHP Billiton in 2005) when it was Australia’s biggest nickel producer.

What is known is that Nigeria’s Minister for Solid Minerals, Kayode Fayemi, is listed to speak at the three-day Africa Down Under mining conference at Perth’s Pan Pacific Hotel next month, with past conferences drawing bumper crowds.

Dr Fayemi is to speak first on Wednesday September 7, and Mr Morgan will follow along with consulting geologist Louisa Lawrance. Mr Morgan is listed as speaking as a director of the private company Comet Minerals.

The discovery, Titan, is rumoured to be close to Dangoma, a small farming town about 160km northeast of the Nigerian capital of Abuja.

Dr Fayemi is one of 13 African mines ministers to attend this year’s Africa Down Under, reflecting the importance African nations place on attracting Australian mining expertise and funding for mining.

Nigeria itself has a stated ambition to grow its mining sector as an offset to its dependence on the oil industry, which has been ravaged by the slump in prices.

It has said it wants to attract billions of dollars of new investment in the sector, a push that could benefit from likely international interest in the Titan find by Mr Morgan’s private syndicate.

Earlier this month, Dr Fayemi told Bloomberg that about $US5 billion would “kickstart the mining sector”.

“In two to five years, we want to have started production of iron ore, lead, zinc, bitumen, nickel, coal and gold at a serious scale,” he said

JOB VACANCIES: Massive Recruitment By FG At Nigerian Railway Corporation, Details On How To Apply Here

How I Increase My Blokos Size & Stopped Premature Ejaculation Issues That Scattered My Relationship For 2years.. Click HERE for Details 


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