Sirius Starts Development, Construction at Nova Nickel Mine

Sirius Resources NL (ASX:SIR) announced that it has started development at the Nova nickel mine. In addition, the construction of associated infrastructure is taking place.

Other highlights include:

• Excavation of the boxcut for the underground portal at Nova has now started following receipt of all permits for mining
• Project capital costs reduced by A$30 million from the DFS estimate to a revised A$443 million as a result of savings from construction contracts and tenders to date
• Construction of interim accommodation village has started
• Aerodrome and access road construction starting this week
• Tenders received for the processing plant construction contract

Click here to read the full Sirius Resources NL (ASX:SIR) press release.