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African Eagle Announces 27MT Zanzui Maiden Resource Estimate
Jan. 08, 2013 04:51PM PST
Base Metals Investing Mining Weekly reported that nickel exploration and development company, African Eagle Resources (LON:AFE) has declared on Tuesday that there is a maiden Joint Ore Reserves Committee-compliant inferred resource estimated to be around 27 million tons at the Zanzui nickel complex situated in Tanzania.
Mining Weekly reported that nickel exploration and development company, African Eagle Resources (LON:AFE) has declared on Tuesday that there is a maiden Joint Ore Reserves Committee-compliant inferred resource estimated to be around 27 million tons at the Zanzui nickel complex situated in Tanzania.
As quoted in the market news:
African Eagle CEO Trevor Moss said the resource confirmed the medium-term potential for Zanzui to become an extension of the flagship Dutwa project, as it was positioned within a reasonable transport distance to the planned nickel processing plant at Dutwa.
“As the Zanzui complex covers an area of some 140 km2 and the defined inferred nickel resource measures only around 3 km2, the company will further explore the potential for ore from Zanzui to become supplemental feed to our Dutwa project,” he indicated.