QUEBEC – Royal Nickel Corp. has won the 2013 e3 Plus Award given by the Quebec Mineral Exploration Association (AEMQ) at its convention on Nov. 13, 2013. The Toronto-based company was recognized for its high level of environmental and social responsibility and its compliance with leading practices.
Best practices were defined by the Prospectors and Developers Association of Canada in its e3 Plus: A Framework for Responsible Exploration. Following the guidelines exploration companies can continually improve their social, environmental, and health and safety performance.
"The RNC team is honored to be recognized with the e3 Plus award from AEMQ," said Royal Nickel president and CEO Tyler Mitchelson. "I am particularly proud of the high standard of work behind the positive Dumont nickel project feasibility study results that we announced in June of this year. We take great pride in the success of our stakeholder relations activities, including our ongoing extensive voluntary public consultation process. I believe these efforts are essential to the responsible development of our project."
The Dumont deposit near Amos, QC, has proven and probable reserves of 1.18 million tonnes at 0.27% Ni (6.9 billion lb Ni). The measured and indicated resource contains over 1.5 billion lb, and the inferred resource another 2.9 billion lb. Once at full production it will be the fifth largest nickel sulphide operation in the world, with annual output of 104,000 tonnes of nickel contained in concentrate.
An economic analysis of the Dumont project is available at RoyalNickel.com.