Nordex Explosives Announces Supply Agreement With First Nickel Inc.

Nordex Explosives Ltd. (TSXV:NXX)  reports it will supply  First Nickel Inc.(TSX:FNI) with explosive products for their mine in Canada.

The press release is quoted as saying,

First Nickel has successfully increased the “probable reserves” at its Lockerby Mine five-fold since it was acquired from Falconbridge in 2005. A February 2009 feasibility study on the mining of the Lockerby Depth by Genivar Limited Partnership estimates metal production totaling 51.7 million pounds payable nickel, 34.4 million pounds payable copper and 1.0 million pounds of payable cobalt.

For the complete press release, click here.