Giga Metals Corp V.GIGA

Alternate Symbol(s): GIGGF | V.GIGA.WT.A

Metals & Mining Industrial Metals & Minerals

Giga Metals Corporation is a Canada-based company, which is engaged in the acquisition and exploration of mineral properties in Canada. The Company’s core asset is the Turnagain Project, located in northern British Columbia, which contains one of the few undeveloped sulfide nickel and cobalt resources. The Company has an 85% interest in Hard Creek, which itself has a 100% interest in the Turnagain Nickel Cobalt Project located in the Liard Mining Division in northern British Columbia, approximately 65 km east of Dease Lake. The Turnagain Nickel-Cobalt Project has over 73 mineral claims with a total area of approximately 39,848 ha. It hosts the Horsetrail nickel-cobalt deposit. The Turnagain Nickel property covers the known extent of a zoned, Alaskan-type ultramafic intrusive complex in fault contact with Paleozoic to Early Mesozoic graphitic sedimentary rocks along its northern and eastern margins.

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Giga Metals Corp

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Comment by junior_mineron Oct 20, 2007 4:14am

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Post# 13608406

RE: Nickel outlook negative

I hate people stating their loose opinions as facts. Updated scoping study will show that HNC is very viable and highly profitable with Ni price over $7/lb. It shouldn't need even that to be a mine. (Just take a look at the current scoping study, account for double the resource, add some economics of scale) Current risks lie in metallurgy and capex escalation. One should avoid big low grade deposits in these days. But I'm betting updated scoping study opens some eyes.

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