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Grid Metals has raised the indicated tonnage by more than a third at its MM copper-nickel project in southeast Manitoba.
This increase is largely attributable to including recent infill drilling at Makwa, improved metallurgical recoveries from tests and a more favourable United States to Canadian dollar exchange rate, the company said. The Makwa indicated resource is 14.2 million tonnes grading 0.48% nickel, 0.11% copper, 0.02% cobalt, 0.37 gram palladium and 0.1 gram platinum . There was also an inferred resource of 18,000 tonnes grading 0.23% nickel, 0.04% copper, 0.01% cobalt, 0.11 gram palladium and 0.04 gram platinum.
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