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Nickel 28 Capital Corp V.NKL

Alternate Symbol(s):  CONXF

Metals & Mining Industrial Metals & Minerals
Nickel 28 Capital Corp. is a Canada-based nickel-cobalt producer through its 8.56% joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea. In addition, the Company manages a portfolio of nickel and cobalt royalties on projects in Canada, Australia and Papua New Guinea, including a 1.75% net smelter return (NSR) royalty on the fully permitted Dumont nickel project in Quebec and a 2.0% NSR royalty on the Turnagain nickel project in British Columbia. The Company is focused on building its portfolio of battery metals investments, including streams, royalties and other direct interests in producing mines, development projects or exploration properties. The Company's royalties include Dumont Nickel-Cobalt Royalty, Turnagain Nickel-Cobalt Royalty, Flemington Cobalt-Scandium-Nickel Royalty and Nyngan Cobalt-Scandium-Nickel Royalty.


TSXV:NKL - Post by User

Nickel 28 Capital Corp
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Post by 17Diggeron Sep 11, 2020 6:31pm
180 Views
Post# 31547198

NKL NSR with Giga's BC Turnagain mine project

NKL NSR with Giga's BC Turnagain mine project

From Conic Metals January 7, 2020 ealuation report  by the Arlington Group at 
https://s3-eu-west-1.amazonaws.com/cdn.webfactore.co.uk/5158_conicmetalscorp1.pdf

This is the Giga Metal mine project in BC in the news about Tesla buying nickel.

Turnagain Project – 2.0% NSR The Turnagain Project is an undeveloped nickel-cobalt sulphide deposit located in British Colombia, Canada. The project is 100% owned by Giga Metals and Measured & Indicated resources (NI 43-101) already contain 4 billion lbs of nickel and 250 million lbs of cobalt. Recent metallurgical studies suggest a clean concentrate is achievable using proven and reliable ‘off-the-shelf’ processing technology. Engineering studies are underway, with the goal of having the project ‘shovel-ready’ by 2021.

This would be a big deal for Giga and NKL too if it goes through as rumoured with Tesla.

xxx

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