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Avante Announces Acquisition of 1446199 B.C. LTD.

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RNC – Dumont – Project Summary

by Insidexploration
April 13, 2023
in Articles, KRR, KRR Assets
0
RNC – Dumont – Project Summary

RNC’s Dumont Nickel Project is one of the world’s largest undeveloped, permitted and shovel ready nickel sulphide deposits. Dumont is a mammoth deposit located near the town of Amos, in the municipalities of Launay and Trécesson, in the established Abitibi mining camp in the mining-friendly Canadian province of Québec. When in production, it is expected to rank as the fifth-largest nickel sulphide operation in the world by annual production – only the mining operations at Norilsk (Russia), Jinchuan (China), Sudbury (Ontario, Canada), Voisey’s Bay (Newfoundland and Labrador, Canada) will be larger.

Dumont Expected to Be Among Largest Nickel Sulphide Operations
(RNC 105ktpd (LOM) vs. 2012 production for other projects) (Mlbs/year)

The Dumont deposit contains approximately 6.9 billion pounds of nickel in the proven and probable reserve categories (a proven and probable reserve of 1,177 million tonnes at 0.27% nickel) and 9.75 billion pounds of nickel resources in the measured and indicated category (a measured resource of 372 million tonnes at 0.28% nickel and an indicated resource of 1.29 billion tonnes at 0.26% nickel). In the inferred resource category there is approximately 2.9 billion pounds of nickel (500 million tonnes at 0.26% nickel). Once in operation, the mine will produce nickel for over 30 years. Construction and operation of the mine and processing facilities will be made easier by the existence of excellent infrastructure, including roads, rail and access to low-cost power.

Ores from the mine will be processed using proven, conventional methods into a high-grade nickel concentrate, and then transported for further refining elsewhere. The mine will have no acid-generating rock or tailings, which has beneficial implications for environmental management.

Further reading – http://www.rncminerals.com/dumont-project-summary

Tags: DumontRNC MineralsRNX
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The content published on Insidexploration.com is based on current events, historical data, company news releases, sedar filings, technical reports and information provided by the companies we work with. These publications may contain forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.   The publications on Insidexploration.com are for informational and entertainment purposes only and are not a recommendation to buy or sell any security. Always do your own due diligence and talk to a licensed investment adviser prior to making any investment decisions. Please be sure to read company profiles on www.SEDAR.com for important risk disclosures. 

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