Metals One published a maiden JORC-compliant inferred resource for the P5 area of its Black Schist project adjacent to the Terrafame mine in Finland. The estimate returned 29Mt @ 0.18% Ni, 0.08% Cu, 0.01% Co and 0.33% Zn. Together with the existing R1 inferred resource, the company’s inventory now exceeds 50Mt for a total of around 100kt contained Nickel, around 50kt contained copper, around 250kt contained Zn, and 6.5kt contained cobalt. Going forward, the company plans to commence work on a preliminary economic assessment.
Metals One tenement situation near the Terrafame Mine (Source: www.metals-one.com)
