Mindoro Resources Ltd.: Agata Nickel Scoping Study Indicates Low Cost Project Potential
Filed under: Operator - Mindoro Resources Ltd
EDMONTON, ALBERTA–(Marketwire - Oct. 6, 2010) - Mindoro Resources Ltd. (TSX VENTURE:MIO) (FRANKFURT:WKN 906167) today announced the release of the Agata Nickel Project Scoping Study. The results of the study indicate potential to establish a low operating cost nickel operation based on established acid leaching technology.
The study was initiated based on recommendations contained in the Development Options study, released on March 15, 2010, completed by Boyd Willis Hydromet Consulting (BWHC), which recommended a two-stage development plan. Stage One would involve extracting parcels of high-grade material for an initial Direct Shipping Ore (DSO) operation. In Stage Two, BWHC recommended the company establish a hydrometallurgical processing plant to treat the Run Of Mine (ROM) limonite and saprolite ore.
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