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Jervois Mining update on Nico Young mine

Mining News - Published on Thu, 12 Apr 2018

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Jervois Mining Limited advise it has entered into a purchase agreement for second-hand heap leach equipment from Fox Resources to accelerate the development of its 100%-owned Nico Young Cobalt-Nickel project in New South Wales, Australia.By fast-tracking development at Nico Young, Jervois is exceptionally well placed to meet the growing demand for raw materials for lithium ion cathodes.

Jervois aims to stand out from its cobalt-nickel ASX-listed peers by providing investors with a low capital and lower technical risk alternative, with an accelerated pathway to uncommitted cobalt-nickel production.

Jervois has purchased an ore agglomerator, stacker and conveying heap leach equipment from Fox. It is located at the Mt Cuthbert Copper Project in Queensland, approximately 170km north east of Mt Isa by road.

The infrastructure is modular and readily transportable via Cloncurry.The equipment comprises a fabricated 100-tonne steel surge feed bin fitted with a vibrating discharge feeder together with conveying, stacking and grasshopper infrastructure.

It was constructed new for Matrix Metals and operated for only 15 months prior to being decommissioned.

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Posted By : Rabi Wangkhem on Thu, 12 Apr 2018
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