Flying Nickel CEO John Lee said this was an “outstanding MRE update” that had the project’s inaugural PGM resource as well as a 42% increase in the in-pit portion of the M&I nickel resource, which had nearly 36 million tonnes grading 0.67% nickel for 531.3 million lb. of contained metal.
Those two factors, Lee added, will be studied further in Minago’s ongoing feasibility study. “In a short time under Flying Nickel’s watch, the Minago project is now known for both its nickel and PGM endowment,” he noted.
The addition of PGM resources is based on assays before 2022, additional assays from the company’s 2022 drill program, as well as the 2023 assay program on historic drill cores. In total, 4,041 metres from 47 holes (drilled prior to 2021) were assayed for PGM in 2023.
This, according to the company, expanded on its existing PGM sample dataset that includes six holes and 1,320 metres of sampling completed by Flying…
