African Nickel Limited (ANL).
African Nickel Limited (ANL) has a Portfolio of four Nickel Projects.
The projects are a combination of early and late-stage exploration.
Consolidated attributable compliant resource of 38MT @ 0.45% Ni Equivalents with an additional 36MT @ 0.29% Ni Equivalents preliminary open pit resource.
ANL's expert leadership team boasts a successful track record in mineral resource development, with a focus on nickel exploration and production.
Project Locations.
Kunene – Namibia
Highest value potential and makings of a significant nickel discovery
Scoping Study in progress with a focused exploration program and metallurgical test work underway
Higher NiEq grades intersected at depth indicating shallow underground mining potential
Maiden resource declaration by end Q1 2024
Ni equivalents include Cu, Co, Pt, Pd, and Au
Bon Accord – South Africa
Project with shortest lead time to production
PFS underway
Bench Scale metallurgical tests underway
Ni equivalents include Co
Compliant resource of 10mt @ 0.46% NiEq
Jacomyns Pan – South Africa
Managed by Orion Minerals – ORN (ASX), 37% holding by ANL)
Trial mining & processing under consideration
ANL holds a 2% net smelter royalty agreement for its share of Jacomyns Pan metal production
Ni equivalents include Cu, Co, Pt, Pd, and Au
Resource of 65,2mt @ 0.45% NiEq
Sunnyside – Botswana
Progressed exploration stage with upside potential
Regional consolidation and deal making potential
Ni equivalents include Cu and Co
Compliant resource of 3.7mt @ 0.37 NiEq
Attributable Resource.
Notes:
Resources SAMREC and/or JORC compliant (excluding Nickel equivalents)
For NiEq calculations no adjustments were made for recovery or payability of byproduct minerals
Jacomyns Pan: 37% of resource attributable to ANL
*Additional attributable resource:
o Preliminary Resource which could become available to be converted to a compliant (NI43-101) resource
o Constitutes:
Surface resource of 36mt at Cut-Off grade of 0,18% NiEq and avg grade of 0,29% NiEq
