Eurobattery Minerals published an updated mineral resource estimate for its Hautalampi project. The update resulted in a 40% increase in contained metal, amounting to a measured and indicated resource of 9.3 Mt @ 0.28% Ni, 0.19% Cu, and 0.07% Co at Hautalampi and an inferred resource of 3.2 Mt @ 0.22% Ni, 0.13% Cu and 0.05% Co at Mökkivaara. Following the resource update, the company now plans to conduct further technical and economical evaluations of the project viability.
Map of the mine lease area with Hautalampi and Mökkivaara resource outlines (Source: www.eurobatteryminerals.com)