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Royal Nickel Corporation (TSE:RNX) reported on activities related to its Dumont nickel project in Quebec.
Royal Nickel Corporation (TSX:RNX) reported on activities related to its Dumont nickel project in Quebec.
The press release is quoted as saying,
Pre-feasibility Study (“PFS”) results are expected to be released in November 2011, and a National Instrument 43-101 compliant technical report will be filed within 45 days of the release of the PFS results. The PFS plans to utilize a 50,000 tonnes per day (“tpd”) start-up scenario with a subsequent expansion to 100,000 tpd rather than the 80,000 tpd and 100,000 tpd scenarios utilized in the September 2010 Preliminary Economic Assessment. This smaller scale start-up option is expected to reduce the upfront capital required to bring the project into production.
For the complete press release, click here.