“We are extremely pleased to provide an exploration and development update on the Sampala Project. This [ drilling ] campaign returned exceptional grades of up to 7.41% nickel and 1.37% cobalt. With an identified Exploration Target ranging from 350 million dmt to 700 million dmt, at 0.9% to 1.1% nickel, in addition to the existing Resource of 187 million dmt at 1.2% nickel, the Sampala Project has the potential to become one of the largest nickel deposits globally. This positions Nickel Industries as one of world’s largest holders of contained nickel metal. let's call this announcement the curtain raiser for the main event: the December 2024 quarterly.
NIC Price at posting:
80.0¢ Sentiment: Buy Disclosure: Held
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