Kuniko published an inferred mineral resource estimate for its Ertelien nickel-copper-cobalt project in Norway, returning 23.3Mt @ 0.21% Ni, 0.16% Cu and 0.014% Co. Notably, the resource includes a higher-grade core of 4.59Mt @ 0.44% Ni, 0.34% Cu, 0.03% Co. As approximately 17Mt of the resource is located above a depth of 250m, the company has been considering open pit mining as potential mining method.
Kuniko notes that there is “substantial potential for resource expansion” along strike as well as at depth and plans to commence a 4000m resource expansion drilling program in April. Additionally, the company is currently conducting a ground EM survey in the underexplored western part of the deposit and plans to re-assay previously unsampled historic drill core.
Cross section 7/12 through the Ertelien block model (Source: kuniko.eu)
