Darren Gordon, Managing Director of Centaurus Metals (ASX: CTM), talks to Assay TV about the updated Mineral Resource Estimate for the flagship, 100%-owned Jaguar Nickel Sulphide Project in north-eastern Brazil.
The Jaguar deposit’s resource inventory recently increased by 30%, to 80.6Mt @ 0.91% Ni for 730,700t of contained nickel. With more than 70% of nickel deposits lying within 200m of surface, Darren explains that Jaguar is among the world’s top near-surface nickel sulphide development projects. He anticipates that DHEM and FLEM surveys will continue to locate mineralization at depth, and three new diamond rigs will arrive on site next February.
Primary ticker: ASX:CTM
Stage of development: Exploration
Commodities: Copper, Gold, Nickel, Cobalt
Project to promote: Jaguar Nickel Sulphide Project
Project location: Brazil