Soon to include Noront and ROF? Hard to compete with negative cost nickel production. With somewhere between 343mt and 1000mt of chromite and geochemistry pointing out that there should be a similar amount of nickel present in the ring ....the 20mt at Eagles Nest looks to grow likely exponentially.
The newly acquired Sanderson property looks interesting to blow up the nickel amount.....
http://norontresources.com/projects/sanderson/
"To date no significant deposits have been identified on the property, however there is a significant magnetic anomaly (the Pinay target) in the footwall to the Big Mac intrusion which has never been tested and which Noront believes represents a large ultramafic intrusion similar in scale to the Black Thor Intrusive Complex (BTIC). Should our assumption prove correct, the Pinay target would represent the largest untested ultramafic intrusion in the ROF a high priority target for Ni-Cu-PGE exploration."
"A recently acquired high-resolution airborne magnetic survey over the target shows it to be up to 800m thick by 4.5km long (figure 2) with a tabular main body and two to three sinuous limbs which could represent feeder dykes to the main body"
This sounds like a big chunk of the missing nickel as the scale of the BTIC has 100mt or more of chromite. Could this translate to 100mt of nickel etc?
http://norontresources.com/projects/black-thor-black-label-deposits/
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GlencoreVerified account @Glencore 3m3 minutes ago
The #ElectricVehicle revolution is coming! We have seen strong #nickel demand across all regions and industries and expect this trend to continue as demand for #EV #batteries grows. Our nickel operations across the globe position us well to capitalise on this.