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Continental Nickel Ltd starts mining nickel in Tanzania
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Monday, 09 Jan 2012
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The East African reported that Canadian mineral explorer Continental Nickel Limited is set to start mining the mineral in southern Tanzania following positive exploration results.

Mr David Massola president of CNI said that the drilling which was done in December 2011 jointly with IMX Resources Limited of Australia confirmed the presence of Nickel at Ntaka Hill in Nachingwea District in Lindi region of Tanzania. He added that "CNI is confident that the Nickel deposits have the potential to support the development of the mining project."

The company's key asset is its 75% interest in the Nachingwea project in Tanzania, where mineral resources have been estimated at 60,900 tonnes of contained nickel, and an additional 131,000 tonnes of contained nickel in Inferred Mineral Resources.

Mr William Ngeleja minister for energy and minerals said that the firm is planning to conduct an Environmental and Social Impact Assessment in accordance to the requirements of the Tanzania Environmental Management Act, 2005, before it can apply for a mining license.

The Nachingwea project is located in south eastern Tanzania, approximately 180 kilometers west of the port city of Mtwara and 400 kilometers south of Dar es Salaam.

CNI has carried out extensive exploration and diamond drilling programs on the property since August 2007, in the search for nickel copper sulphide deposits, largely focused on the Ntaka Hill Intrusion.

(Sourced from www.theeastafrican.co.ke)

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