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Inomin, Sumitomo partner on British Columbia nickel project

• Tuesday, November 5, 2024
• Source:ferro-alloys.com

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• Keywords:nickel, ore, steel

[Ferro-Alloys.com] 

 

Inomin, Sumitomo partner on British Columbia nickel project

 

 

 

Inomin Mines (TSXV: MINE) said on Monday it is partnering up with Sumitomo Metal Mining to advance the company’s Beaver-Lynx project in British Columbia to unlock what it believes to be a major nickel source in a gold-mining region.

 

Sumitomo is now conducting due diligence on the claims comprising the project. Upon successful completion, the parties will work towards finalizing a definitive agreement on the earn-in and joint venture.

 

Past exploration on the Beaver side previously focused on gold, but also resulted in the discovery of nickel sulphides. Ultramafic rock hosting the nickel, delineated by magnetic surveys and drilling, is said to cover a large 4 km by 8 km footprint, indicating the property’s potential for large, bulk tonnage, near-surface nickel.

 

 

 

Inomin Mines (TSXV: MINE) said on Monday it is partnering up with Sumitomo Metal Mining to advance the company’s Beaver-Lynx project in British Columbia to unlock what it believes to be a major nickel source in a gold-mining region.

 

Sumitomo is now conducting due diligence on the claims comprising the project. Upon successful completion, the parties will work towards finalizing a definitive agreement on the earn-in and joint venture.

 

Past exploration on the Beaver side previously focused on gold, but also resulted in the discovery of nickel sulphides. Ultramafic rock hosting the nickel, delineated by magnetic surveys and drilling, is said to cover a large 4 km by 8 km footprint, indicating the property’s potential for large, bulk tonnage, near-surface nickel.

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• [Editor:邢亞敏]