Royal Nickel Pre-feasibility Study Demonstrates $1 Billion Value

Royal Nickel Corporation (TSX:RNX) reported it is advancing its Dumont Nickel Project  based on the results of a positive pre-feasibility study.

As quoted in the press release:

[The study]…demonstrates a robust project with a large, world-class resource and excellent project economics with upside potential. Once in full production, Dumont is expected to be among the top five sulphide nickel assets globally, based on annual nickel production.

Royal Nickel’s President and CEO, Tyler Mitchelson said:

This pre-feasibility study delivered outstanding results. This study clearly demonstrates the benefits of the staged development approach with a much simpler, lower cost and lower risk flowsheet. When combined with the project’s outstanding location … we believe is at the forefront of the next generation of nickel sulphide projects.

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