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Giga Metals Corp V.GIGA

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

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.


TSXV:GIGA - Post by User

Bullboard Posts
Post by Fierzeon Mar 07, 2019 3:16pm
134 Views
Post# 29457377

Interview with Cobalt 27s Anthony Milewski at PDAC 2019

Interview with Cobalt 27s Anthony Milewski at PDAC 2019
https://youtu.be/VMxWRzQuILY

Good interview with Cobalt 27s Anthony Milewski at PDAC 2019. Among other things, he mentions Giga/Turnagain.

 

Especially cool to hear what he says between 4:00 - 5:20, where he indicates that Giga Metals will actually be able to reduce CAPEX for Turnagain down to around $6-700m - This would be about HALF of the initial CAPEX specified in Giga’s 2011 PEA!

 

That is BIG NEWS if you ask me. Would love to know what IRR, NPV and breakeven point that would translate into.

Bullboard Posts