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Additional Information
Market: AIM
Sector: General Mining - Nickel and Cobalt
EPIC: ENK
Latest Price: 0.00p  (0,00%)
52-week High: 21.25p
52-week Low: 8.88p
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ENK
www.enk.co.uk

ENK (AIM/PLUS/ASX: ENK) is an emerging mid-tier nickel laterite producer focused on growth with assets in Turkey, the Philippines and Albania.

ENK has developed an innovative, low cost, environmentally sensitive heap leach technology, which offers a competitive edge over conventional nickel laterite processing.

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Rusina Mining and European Nickel open Acoje heap-leach trial pad and pilot plant in the Philippines

11th Dec 2009, 10:58 am Rusina Mining and European Nickel open Acoje heap-leach trial pad and pilot plant in the Philippines

Rusina Mining NL (AIM: RMLA, ASX: RML) and its joint venture partner European Nickel PLC (AIM: ENK) jointly announced that the Acoje nickel heap leach trial pad and pilot plant was officially opened on December 9 2009 on Luzon Island in the Philippines.

This is the first pilot plant in the Philippines to trial heap leaching technology on nickel laterites. The trial heap will be constructed at the same height as the full commercial operation and is designed to prove the heap percolation and leach rates on a full scale basis as well as demonstrating the rain control methodology. In addition the trial facility will showcase the clean, safe and environmentally friendly nature of the process to the government and local stakeholders, the companies said.

They expect that the crushing, agglomeration and stacking of the heap will commence next week. The 3,000 tonnes of nickel laterite ore, a mixture of limonite and saprolite, is on-site and awaiting processing. Leaching is expected to commence in February 2010.

Under the joint venture agreement European Nickel is providing its heap leach technology and is funding the definitive feasibility study by spending US$10 million to earn a 40 percent interest in the Acoje project.

Rusina is developing the 24,500 tonnes per annum of contained nickel Acoje project which has a resource of 50.1 million tonnes grading 1.09% Ni at a cut-off grade of 0.08% Ni.

In September, Rusina secured an investment of A$5.75 million from UK institutional investors.

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