Nico Resources Ltd (ASX:NC1)’s Rod Corps discusses the company’s recent listing, an incoming updated feasibility study, and the asset’s resource and reserves. The Wingellina and Claude Hills licenses of the Central Musgrave project have a JORC-compliant mineral resource of 1.95 million tonnes of nickel at 1%, generating a 40-year life of mine (LOM) with 40,000 tonnes of nickel and 3,500 tonnes of cobalt a year.
Nico Resources’ pre-feasibility study demonstrates 40-year-plus life of mine for Central Musgrave Project
