Corcel owns 41% of license EL1390 covering 256km2 near Kokoda in Papua New Guinea


Key Facts

Nickel-Cobalt Deposit
Located in Eastern Papua New Guinea
Corcel owns 41% of license EL1390 covering 256km2
JORC Resource of 162.5 million tonnes @ 0.94% Ni and 0.09% Co (1.53 million tonnes of nickel)


100% owned by Oro Nickel – a joint-venture between Corcel Plc (41%) and Battery Metals Pty Ltd (59%). The project is licensed to use Direct Nickel’s revolutionary nickel laterite treatment process.


Mambare MT Nickel % Cobalt %
Indicated 3.3 1.00 0.07
Inferred 159.2 0.94 0.09
Total 162.5 0.94 0.09
Contained Metal (KT) 1528 146.25

Location and Geology

With ‹3% of Mambare’s 80 sq km main target (plateau) drill tested  to date, the project potentially holds one of the world’s largest nickel laterite deposits.  The pairing of massive scale and low-cost processing makes a highly compelling value proposition.  The joint venture partners are currently pursuing a mining lease at the site, which would ultimately allow a direct shipping ore (“DSO”) operation to begin at the project.