Nickel resources grow at Timmins exploration site – by Ian Ross (Northern Ontario Business – April 19, 2024)

Aston Minerals endowed with both gold and nickel deposits at its Edleston Project

A promising new nickel sulphide project in the Timmins area is growing in size and tonnage. Aston Minerals has released a new mineral estimate of its two deposits at its Edleston Project, showing a 44 per cent bump in the indicated nickel and cobalt resource over last year’s calculation.

The Australian company is carrying out technical work to determine if its leading Bardwell deposit can be economically mined. Edleston, situated 60 kilometres south of Timmins, is similar to Canada Nickel’s Crawford Project, north of the city, in that it’s a huge tonnage but low-grade ore property.

The indicated resource now sits at 231 million tonnes grading 0.27 per cent nickel and 0.011 per cent cobalt, up 44 per cent compared to Aston’s first estimate posted in February 2023. The inferred tonnage has grown by 17 per cent to 1.0 million tonnes at 0.27 per cent nickel and 0.011 per cent cobalt.

The difference between indicated and inferred resources is the degree of confidence in the amount of minerals in the ground, with indicated being the higher category and inferred being the lower.

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