Nickel 28 Capital Corp (TSE:NKL) has released an update.
Nickel 28 Capital Corp. has announced an update on the Ramu Nickel-Cobalt operation’s mineral resources and reserves, revealing a significant addition to their longevity and potential output. The company, which currently holds an 8.56% interest in the operation with prospects of increasing to 20.55% following debt repayment, emphasized the high-quality and long-term prospects of the Ramu project. However, the estimates provided by the China Metallurgical Group Corporation have not been prepared in accordance with NI 43-101 standards, a point of caution for investors.
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