SPC Nickel enters agreement with Vale to consolidate deposits in Sudbury camp

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The unmined near-surface West Graham deposit contains over 47,000 tonnes of nickel and 34,000 tonnes of copper, as defined in a technical report published by First Nickel in 2009 that supported an indicated mineral resource of 8.55 million tonnes grading 0.45% nickel and 0.31% copper, along with an inferred mineral resource of 2 million tonnes grading 0.38% nickel and 0.30% copper.

These grades, according to SPC, have economic potential in the context of the Sudbury mining camp, as the deposit is located very near to surface and may be amenable to low-cost open pit mining.

The deposit is characterized by a broad zone of blebby to semi-massive sulphide that ranges from 1.7 to 66 metres thick and strikes for 350 metres, with a dip extent of up to 533 metres. Within the larger resource, a distinct zone of higher-grade mineralization grading approximately 1% nickel equivalent is present.

The company recently completed an 18 hole,…

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