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Corporate Strategy

Optimise

  • New Wingellina feasibility study
  • Additional scoping level analysis
    • Nickel processing technology
    • Renewable power investigation
    • HPA refinery
    • pCAM processing
    • Carbon life cycle analysis
    • E-Fleet analysis
  • Finalise project development strategy and complete Definitive/Bankable Feasibility study

Develop

  • The project reserve currently in excess of 40+ Year mine life at 40,000tpa Ni and 3,000tpa Co
  • Shovel ready project
    • EPA approval granted in 2016
    • Access & development agreement in place
    • Sufficient water sources
  • Modularised capital intensity investment strategy
  • Genuine ability to deliver “Green Ni tonnes to the market”
  • Unparalleled economic opportunities for community

Produce

  • LOM production strip rate 1:1 with first 20 years 0.5:1
  • Free dig operation Average ore thickness of 80m
  • Advantageous ore chemistry (High Fe/ Low MgO) project highly amenable to HAPL operations
  • Low relative Acid Consumption <300 Kg/t
  • Consolidate the Musgraves to unlock the metallogenic potential of the region for multiple geological systems
  • Conduct exploration across all tenements significantly increasing the LOM beyond 40 years and look to increase potential production profile
  • Fundamentally the most underexplored Proterozoic mobile belt in Australia

Nico Resources Limited

Level 11, 216 St Georges Terrace
Perth WA 6000

info@nicoresources.com.au

+61 8 9481 0389

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