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Our nickel deposits are formed very shallow from the surface. The limonite rests atop the saprolite and the two levels consist of medium to high grading of nickel contents. The ores are low cost to mine and can be easily mined and extracted using an open pit mining techniques using simple truck and shovel operations. The production capacity for the first several months is 50,000 to 100,000 wet metric tons of nickel ores per month at a grade of 1.8% or above nickel content and eventually increases to the target of 200,000 wet metric tons production level. In addition, we will also negotiate with
different accredited design institutes for designing and constructing a Ferronickel smelting plant which will substantially increase the profit return and income flow for the Group. Please see under Further Development for details of the smelting plant. |