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.
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 |
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.