Kuniko published an updated mineral resource estimate for its Ertelien Nickel-Copper-Cobalt project in Norway. Based on additional exploration efforts in 2024, including some 4000m of diamond drilling and sampling of historic core, a substantial part of the resource has now been converted from inferred to indicated. In total the resource estimate now amounts to 40Mt @ 0.25% NiEq, with 22Mt @ 0.26% NiEq classified as indicated resource and 18Mt @ 0.25% NiEq classified as inferred resource.
Map showing the Ertelien intrusion (green) together with the mineralized parts (orange) (Source: www.kuniko.eu)
