Royal Nickel Files Project Prefeasibility Study

Royal Nickel Corporation (TSX:RNX) announced it has filed a pre-feasibility study for the Dumont nickel project.

As quoted in the press release:

The previously announced highlights from the Dumont PFS include:

• $1.1 billion after-tax NPV_8%, 17% after-tax internal rate of return (“IRR”)¹
• C1 cash costs² of $4.13 per pound, second quartile unit cash costs
• Site operating costs reduced by 24% from the 100 ktpd scenario in the Preliminary Economic Assessment (“PEA”)

RNC’s President and CEO, Tyler Mitchelson said:

With the full Dumont PFS now complete and our permitting process underway, we are enthusiastically moving forward with multiple studies aimed at improving upon the positive Dumont PFS results. The RNC team is entirely focused on making this exceptional project even better through detailed examinations of potential improvements identified during the PFS process in the areas of by-product credits, mining methods, pit design, mill recoveries, and further downstream processing options.

Click here to read the full Royal Nickel Corporation (TSX:RNX) press release.