Asset Overview
Dumont Highlights
- Strategically located in the established Abitibi mining camp
- One of the largest undeveloped nickel and cobalt reserves
- Fully permitted and in close proximity to roads, rail, an airport, and low-cost power supply
- Open pit mine with a reserve life of 33 years
- 2P reserves of ~6,900 Mlbs Ni and ~278 Mlbs Co
- Annual production of 33kt Ni and 1 kt Co for the 5 years; ramp up to annual production of 51 kt Ni and 2 kt Co thereafter
Royalty Highlights
- Life-of-Mine 1.75% Net Smelter Returns (NSR) Royalty
- Repurchase option on 0.375% of the NSR Royalty for US$15 mm, exercisable in July 2019 or July 2020
Images (click to view larger)
Location Map
Cobalt reserves benchmarking (kt co)
Nickel reserves benchmarking (mt ni)
