ONTARIO - Toronto's URSA MAJOR MINERALS has plans for a 50,000-tonne bulk sample from its Shakespeare nickel-copper project, located 70 km west of Sudbury. The material will undergo metallurgical testing, perhaps at the Strathcona mill of XSTRATA NICKEL.
Ursa is in the process of permitting an open pit mine and 4,500-tonnes/day concentrator at the Shakespeare project. The deposit contains a diluted probable reserve of 11.2 million tonnes grading 0.33% Ni, 0.35% Cu, 0.02% Co and 0.9 g/t precious metals. The feasibility study is available on the company's website at www.UrsaMajorMinerals.com.
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