[Ferro-Alloys.com]
Grid Metals increases resource by a third at copper-nickel project in Manitoba
Grid Metals (TSXV: GRDM) has raised the indicated tonnage by more than a third at its MM copper-nickel project in southeast Manitoba.
The combined indicated open pit resources increased by 12.4 million tonnes or 37% to 46.2 million tonnes compared with an estimate of 33.8 million tonnes from 2014, the company said on Monday.
“The resource estimate announced today provides impetus for further exploration and continued expansion of the MM copper/nickel project,” Grid CEO Robin Dunbar said. “The MM project resource is a conventional and near surface copper-nickel sulphide resource with readily apparent upside.”
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