Finn Nickel Ltd (Suomen Nikkeli Oy), a Finnish company in which Belvedere holds a 45% interest, (and has recently signed a Memorandum of Understanding to acquire the remaining 55%), has reported a new Indicated Mineral Resource estimate for its 100% owned Valkeisenranta nickel deposit in south east Finland.
Belvedere's CEO David Pym comments, "Management is pleased with Finn
Nickel's rapid advancement of the project to an NI 43-101 compliant resource,
so soon after the completion of the last drill programme. Further drilling is
planned in the spring to investigate the extents of the mineralisation."
A copy of the Finn Nickel news release is provided below in its entirety.
Finn Nickel is an unlisted Finnish company.
complete this press release click here
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New Indicated Resource totalling 1.54 Mt averaging 0.71 % Nickel Calculated for Valkeisenranta, Finland
7:22 AM
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