Investegate |Corcel PLC Announcements | Corcel PLC: Mambare Project Update
· Mambare project sits on exploration licence EL1390 in Papua New Guinea · JORC compliant Resource totalling 162.5 million tonnes of 0.94% nickel and 0.09% cobalt (1.53 million tonnes of in-situ Nickel and 146,000 tonnes in-situ Cobalt) stated gross. · Current JORC compliant Resource is in respect of slope areas and a small part (3%) of the mineralised plateau The Mambare project site is located near the village of Botue, approximately 90km north east of Port Moresby. The area is linked to Popondetta and Oro Bay by gravel and sealed...
Source: investegate.co.uk