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Examples
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Monday after being ambushed in an attack the army blamed on rebels near the village of Minago, about 40km south of the capital,
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Minago: Construction of the 4. 3km exploration road that provides direct access from paved provincial highway 6 to a limestone outcrop and the Minago property in general is now virtually complete.
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In addition to site activities, the Company is actively engaged in evaluating several financing structures in an effort to ensure that mine development at Minago proceeds uninterrupted.
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TORONTO, ONTARIO -- 02/16/10 -- Victory Nickel Inc. (the "Company") (TSX: NI) (www. victorynickel.ca) today provided an update on activities that are ongoing at its 100%-owned Minago nickel project in Manitoba.
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This road provides a basis for year-round site access allowing cost-effective exploration and other work to occur on the Minago site.
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These wedges were excluded by Wardrop, a Tetra Tech Company, from the resource and reserve estimates used in the Minago definitive feasibility study ( "DFS") due to a perceived lack of drill coverage.
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The wedges are currently considered waste, and by incorporating them into the resource and reserve we see the dual benefit of potential for more tonnage within the Minago pit and reduced waste rock removal which would have a positive impact on the overall economics of the mine.
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Victory Nickel is focused on becoming a mid-tier nickel producer by developing its existing properties, Minago, Mel and Lynn Lake in Manitoba, and Lac Rocher in northwestern Quebec, and by evaluating opportunities to expand its nickel asset base.
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TORONTO, ONTARIO -- (Marketwire - March 31, 2010) - Victory Nickel Inc. (the "Company") (TSX: NI) (www. victorynickel.ca) today announced results from the first drill hole of its 2010 Minago exploration program, which indicated that additional nickel mineralization will likely be added to the open-pit exploitable reserve at the 100%-owned Minago Nickel Project in Manitoba.
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"One of our goals with this drilling is to add tonnage in the Nose Deposit to extend the open pit mine life at Minago, and we're optimistic that we will achieve this," said Paul Jones,
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