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European Nickel says Devolli site in Albania resource estimate 426,775 tonnes

Thu, 22nd Nov 2007 08:09

LONDON (Thomson Financial) - European Nickel PLC said total Joint Ore Rese
rves Committee (JORC) code-compliant resources within the Devolli Nickel Project in southern Albania now stand at 426,775 tonnes of contained nickel metal.

The mining company said the resource at Devolli contains in excess of 426,000 tonnes of nickel in two main deposits, Verniku and Kapshtica West.

These resources are classified as being of inferred status within the JORC code based upon geological data collected and compiled by ENickel, which is of sufficient quality to support the resource classifications applied, it added.


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