An updated resource at EV Nickel’s Shaw Dome project in northern Ontario adds more than 24 million tonnes of contained metal to the W4 deposit over a previous estimate in 2010.
Open pit and underground measured and indicated resources at the southeastern W4 deposit now come to 1.4 million tonnes grading 0.98% nickel for 31.1 million pounds. Inferred resources total 559,214 tonnes at 0.98% nickel for 12.1 million contained lb., the company said in a release on June 12.
The 2010 estimate put total indicated resources at 677,000 tonnes grading 1% nickel for 14.8 million lbs., and inferred resources at 171,000 tonnes grading 0.91% nickel for 3.3 million lbs.
The new resource extends to 500 metres depth, compared with 400 metres previously. W4 remains open at depth and along plunge, EV said.
