Hard Creek Nickel Corporation: Updated Preliminary Economic Assessment Models Production of Saleable Concentrate

Hard Creek Nickel Corporation (TSX:HNC) reported results of a new Preliminary Economic Assessment( PEA) of its wholly owned Turnagain nickel project.

As quoted in the press release,

In a fundamental shift from the previous PEA released in 2010, the project will now produce nickel concentrate for sale rather than building a complex on-site refinery.

The study, authored by AMC Mining Consultants (Canada) Ltd., recommends the project be built as an open pit mine and mill processing 43,200 tonnes per day (tpd) for the first five years producing 52.72 million pounds (23,912 tonnes) of nickel and 2.82 million pounds (1,280 tonnes) of cobalt in concentrate annually.

Click here to read the Hard Creek Nickel Corporation (TSX:HNC) press release.