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Centaurus Minerals increases Jaguar mineral resource to in excess of 1.5B pounds of nickel

From caesarsreport.com

Centaurus Minerals (CTM.AX) has released an updated resource estimate on its Jaguar nickel project in Brazil which now contains 80.6 million tonnes at an average grade of 0.91% nickel for a total nickel content of just over 730,000 tonnes. Additionally, and perhaps even more important, the total indicated resource now contains 43.4 million tonnes at 0.92% nickel for 397,000 tonnes of nickel, which is just under 900 million pounds of the metal. Additionally, there’s about 25,000 tonnes of copper, 11,300 tonnes of cobalt and just under 180,000 tonnes of zinc in the indicated resource category and those could all be ... (full story)

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  • Category: Fundamental Analysis