Royal Nickel Advances Dumont Project

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.