here is some old data and new to what nia holds and is about to produce.....
1.Indicated Resource (Published)
3,500,000t @ 1.4% Nickel – 49Kt
and
600,000t @ 0.9% Nickel – 5.4Kt
• Niagara currently undertaking
its own resource calculation
• In ground value of over €1.2b
2.Heap leaching of 150,000 tonnes of
stockpiled sulphide ore (1.1% Ni)
commencing late 2006 will deliver strong
cash flow;
•Company is assessing 1.5-2.0 million tonnes
of stockpiles that should extend life of
operation.
Stockpiled ore…near term cash flow
3.Niagara owns 100% of the Windarra Nickel
Project;
• Discovery of high-grade Nickel sulphides;
• Near term production from stockpiles &
remnant ore;
• Nickel demand set to outstrip supply;
• Fast tracking exploration & development
4.What did Western Mining
leave behind?MASSIVE SULPHIDE
• Re-assaying of historical Western Mining
drilling returns spectacular nickel
intersections…
…including hole number DDH 554 No 1c
with 15.4m @ 7.7% Nickel from
687m downhole
5.Windarra consists of:
Single largest Special Mining
Lease in Western Australia
covering a total area of
~70km2
…ready to mine!
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number one nickel producer and why
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