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Estimated Measured and Indicated Mineral Resources Increases by 150% for Continental Nickel

By Joel ScanlonMar 5 2012

Canada-based Exploration Company, Continental Nickel has announced that the estimated and indicated mineral resources of the company at Ntaka Hill Nickel Project has increased by 150% as compared to the previous mineral resource estimate, which was conducted in April 2011.

The Ntaka Hill Nickel Project is part of a 75:25 joint venture between IMX Resources and CNI and covers the Nachiingwea property at Southern Tanzania.

The estimate results established that the estimated and indicated nickel mineral resources increased from 60,900 t to 154,700 t. Nickel in inferred mineral resources increased from 131,000 t to 135,000 t. Combined nickel measured and indicated resources at the Sleeping Giant and NAD013 zones which are now part of the same mineralised zone has increased from 6,000 t to 102,400 t. part from this partnership the company also has a partnership option at the St Stephen project in New Brunswick Canada. The company has a 75% asset interest in the Nachingwea property in Tanzania. The estimates were carried out in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum’s definition with regard to mineral reserves and resources.

Source:

http://www.continentalnickel.com

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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APA
Scanlon, Joel. (2019, February 18). Estimated Measured and Indicated Mineral Resources Increases by 150% for Continental Nickel. AZoMining. Retrieved on November 22, 2024 from https://www.azomining.com/News.aspx?newsID=6069.
MLA
Scanlon, Joel. "Estimated Measured and Indicated Mineral Resources Increases by 150% for Continental Nickel". AZoMining. 22 November 2024. <https://www.azomining.com/News.aspx?newsID=6069>.
Chicago
Scanlon, Joel. "Estimated Measured and Indicated Mineral Resources Increases by 150% for Continental Nickel". AZoMining. https://www.azomining.com/News.aspx?newsID=6069. (accessed November 22, 2024).
Harvard
Scanlon, Joel. 2019. Estimated Measured and Indicated Mineral Resources Increases by 150% for Continental Nickel. AZoMining, viewed 22 November 2024, https://www.azomining.com/News.aspx?newsID=6069.