The project, previously called Makwa Mayville and located about 180 km northeast of Winnipeg, holds contained metal of 317 million lb. copper, 263 million lb. nickel and 452,000 oz. combined palladium-platinum-gold, Grid said in a release.
This increase is largely attributable to including recent infill drilling at Makwa, improved metallurgical recoveries from tests and a more favourable United States to Canadian dollar exchange rate, the company said.
“The resource estimate announced today provides impetus for further exploration and continued expansion of the MM copper/nickel project,” Grid CEO Robin Dunbar said. “The MM project resource is a conventional and near surface copper-nickel sulphide resource with readily apparent upside.”
Open pit
The copper-rich Mayville and the nickel-rich Makwa are suitable for open pit mining, Grid says. Both have underground potential as well.
The Mayville indicated resource is 32.0…
