Neometals {ASX: NMT}
Announced a substantial increase in the nickel resource at Mt. Edwards.
Mineral Resources at the Mt Edwards project increased to 8.38 million tonnes at 1.7% nickel for 141,000 tonnes of contained nickel across 11 deposits.
The full announcement can be viewed and downloaded here
INCREASE IN MT EDWARDS NICKEL MINERAL RESOURCE
HIGHLIGHTS
- Gillett deposit Mineral Resource expanded by 30%. Contained nickel now 1.3 million tonnes at 1.7% nickel for 22,500 tonnes contained nickel between 80 and 350 metres below surface
- Global Mineral Resources at the Mt Edwards project increased to 8.38 million tonnes at 1.7% nickel for 141,000 tonnes of contained nickel across 11 deposits (see Table 2 on Page 2 of full announcement)
- Neometals continues to build a pipeline of short lead time deposits at Mt Edwards
The full announcement can be viewed and downloaded here
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