QUEBEC – The federal government has made a positive environmental decision for the Dumont nickel project 25 km west of Amos. The Minister of Environment determined that the project is not likely to cause significant environmental effects.
The project, owned by Toronto's Royal Nickel Corp., is now referred to Fisheries and Oceans Canada and Natural Resources Canada for issues of the required permits.
Royal Nickel says the Dumont deposit is one of the world's largest undeveloped nickel sulphide projects. The deposit has measured and indicated resources of 1.67 billion tonnes grading 0.27% Ni, 107 ppm Co, 0.020 g/t Pd and 0.009 g/t Pt. The indicated resource is 499.8 million tonnes at 0.26% Ni, 101 ppm Co, 0.014 g/t Pd and 0.006 g/t Pt. The mine is expected to average 104 million lb of nickel in each year of its 20-year life.
Further details are available at RoyalNickel.com.