Atlantic Nickel touts nickel drilling results
Atlantic Nickel said today it confirmed the discovery of new zone at the Palestina intrusive Ni-Cu-PGM complex.
Palestina is located within 26km from the Santa Rita mine and processing facility, well within trucking distance.
The company said the deposit is an open pit target with underground potential. The new drilling has highlighted the potential to confirm additional resources upon follow-up infill and extensional drilling.
Atlantic Nickel is the owner and operator of Santa Rita, an open-pit nickel-copper-cobalt sulphide operation located in Bahia, Brazil. Santa Rita is a fully permitted, past-producing nickel mine currently undergoing an operational restart. The Mine benefits from US$1bn of prior investment and has an estimated production capacity of 6.5 Mtpa. One of the largest open pit nickel sulphide mines in the world, Santa Rita is a high-quality asset operating with a first quartile cost position.