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[Ferro-Alloys.com] 

Aston Minerals ups nickel resource estimate by 44% at Boomerang in Ontario

Australian explorer Aston Minerals (ASX: ASO) has updated the JORC compliant indicated tonnage estimate at the Boomerang nickel-cobalt sulphide system by 44%. The mineralization is part of the Edleston nickel-cobalt project, located 60 km by road south of Timmins, Ont.

The indicated resource is now 231 million tonnes grading 0.27% nickel and 0.011% cobalt (0.30% nickel equivalent), an increase of 44% in tonnage compared to a year ago when the first estimate was made. The inferred tonnage has grown by 17% to 1.0 million tonnes at 0.27% nickel, and 0.011% cobalt (0.30% nickel equivalent).

• [Editor:邢亞敏]