Scandinavian mineral resource development company IGE Resources AB, which has the largest nickel deposits in northern Europe, has announced that at its 100 percent owned subsidiary Nickel Mountain AB the nickel resource of the Sundsberget deposit at the Rönnbäcken nickel project located in northern Sweden has been upgraded from inferred to indicated category.
In addition, the Sundsberget resource has been increased by 111 million mt, from 186 million mt to 297 million mt, with an average total nickel content of 0.170 percent of which 0.088 percent is nickel in sulphide (Ni-AC).
Nickel Mountain aims to produce 25,000 mt of nickel per year from Rönnbäcken for the international markets.