Mindoro Receives Favourable Economic Assessment for Agata Nickel Project

Mindoro Resources Ltd. (TSXV:MIO) reports the release of the Agata Nickel Project Preliminary Economic Assessment.

The press release is quoted as saying,

The PEA has been reviewed by independent international consulting group Golder Associates Pty Ltd. The PEA financial model demonstrates low operating cost potential and a high Net Present Value (NPV) based on hydrometallurgical processing of the Agata resource. Based on the encouraging results of the PEA the company will immediately commence a pre-feasibility study on the Agata Nickel Project.

For the complete press release, click here.