The Story Of Voisey’s Bay: Today’s Mine – Part 3 Of 3 [INFOGRAPHIC]

The discovery at Voisey’s Bay was ultimately significant for three reasons:

1. The ore was rich in content. In fact, the famed Ovoid zone had an average grade of 2.8% nickel.
2. Much of the ore was near the surface. This would help to minimize extraction costs.
3. The deposit was close to tidewater. This reduced the costs associated with transporting ore to ships

The Deposit

The Voisey’s Bay deposit is world-class in terms of its grade and size. With 141 million tonnes of ore, the deposit has significant grades of nickel, copper, and cobalt:

• 1.63% nickel
• 0.85% copper
• 0.09% cobalt

The resource is located in the three main zones: Ovoid, Eastern Deeps, and Reid Brook. The Ovoid represents less than 23% of the total tonnage, but more than 42% of the metal in the deposit.

The Story Of Voisey’s Bay: Today’s Mine – Part 3 Of 3

Infographic by Visual Capitalist