First Quantum Issues Updated Resource for Kevitsa Project

First Quantum Minerals Ltd. (TSX:FM) release progress report on the Kevitsa nickel-copper-PGE project in Finland.

The press release is quoted as saying:

The Kevitsa project is located approximately 142 kilometres north-northeast of Rovaniemi, the capital of Finnish Lapland. Measured and indicated resources, as at March, 2011, are estimated at 240 million tonnes grading 0.30% nickel; 0.41% copper; using a nickel cut-off grade of 0.1%.The project has all material mining permits and was granted development approval by the Company’s Board of Directors in November 2009.

Click here to access the entire press release