#Canada #Nickel nears four billion tonnes in total nickel resources near #Timmins
Canada Nickel has amassed almost four billion tonnes in nickel resources in the ground around Timmins.
Just before Christmas, the Toronto multi-mine developer published mineral resources for more two deposits, Midlothian and Bannockburn, both situated south of the city.
Like Canada Nickel’s other properties in the area, including its flagship Crawford project, the Midlothian and Bannockburn projects are shaping up to be low-grade, big-tonnage type of nickel deposits.
To date, Canada Nickel has posted resource estimates on eight of its nine properties in the region.
That amounts to 3.98 billion tonnes of 0.24 per cent nickel in the measured and Indicated resources, for a total of 9.4 million tonnes of nickel metal. There’s an inferred resource of 4.95 billion tonnes of 0.23 per cent nickel, for a total of 11.5 million tonnes of contained nickel metal.
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