NICKEL PRODUCTION – Levack mine reopens

ONTARIO - FNX MINING of Toronto has reopened its 100%-owned Levack nickel mine in the Sudbury Basin. Closed since 1...
ONTARIO - FNX MINING of Toronto has reopened its 100%-owned Levack nickel mine in the Sudbury Basin. Closed since 1999, the Levack mine will supply 7,200 tonnes of preproduction ore to be treated at CVRD-INCO's Clarabelle mill during the rest of December.

Commercial production is expected to commence from the Levack No.7 deposit in January 2007. Additional Levack deposits plus remnants and extensions of previously mined deposits will be the ore sources this year. By mid-year, ore production is expected to reach about 1,350 t/d, with 2007 production planned at 240,000 tonnes with a diluted grade of 1.6% Ni, 0.65% Cu and 0.05% Co. The production forecast for 2008 and beyond is about 426,000 t/y.

Ore from the Levack mine will be hoisted to surface through the rehabilitated Levack No.2 shaft and initially trucked to the McCreedy West surface facilities, where it will be crushed, sampled, weighed and shipped to the mill for processing. The Levack surface crushing and sampling facilities are currently being installed and are expected to be operational by mid-2007.

A plan for tramming the McCreedy West ore across the 1600 level later in 2007 and hoisting it to surface through the Levack No.2 shaft is currently being designed and engineered and, if implemented, will increase the 2007 production forecast.

Information about all of FNX's properties in northern Ontario can be found at www.FNXMining.com.

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