Northern Prospector 2023-24

Page 36

FLYING NICKEL’S MINAGO NICKEL PROJECT:

THE FUTURE OF NICKEL MINING

F

lying Nickel Mining’s (TSXV:

ment, signaling the unwavering commit-

electric vehicles, thanks to its low GHG

FLYN; OTC: FLYNF) flagship

ment to responsible mining and open-

supply chain emissions and high-quality

Minago project in Manitoba

pit operations processing 10,000 tonnes

covers 197 square kilometres of

concentrate.

per day at Minago.

prime land and hosts one of Canada’s largest greenfield open-pit nickel sulphide deposits. Located in the southern region of Manitoba’s renowned Thompson Nickel Belt, North America’s second most productive nickel mining zone, Minago nickel sulphide project has received over C$70 million in investments since its launch in 1966.

ENVIRONMENTAL RESPONSIBILITY

The project is also expected to complete a carbon sequestration study to maximize the low carbon footprint and cap-

Minago’s strategic location, traversed

ture in the Ultramafic tailings basin dur-

by Manitoba Provincial Highway 6 and

ing the Feasibility Study Update.

a high-voltage (230 kV) hydroelectric power transmission line, positions it as a potential global leader in low carbonintensity nickel projects. The company is actively exploring various initiatives

When operation starts, the Minago project is expected to produce less than one tonne of carbon dioxide per tonne of nickel-equivalent production over the life of the mine, about 97 per cent lower than the industry average of 33.4 tonnes of CO2 in 2021, the study found.

Flying Nickel is currently pursuing a

to minimize the carbon footprint of a

three-pronged development strategy

prospective mining operation, including

at Minago, encompassing exploration,

the examination of a fully electric mine

permitting, and the anticipated update

fleet and utilizing renewable Manitoba

to the 2010 feasibility study. Additional

hydroelectricity to power ore and waste

Minago holds immense promise, reflect-

work is in progress to produce an updat-

processing. The Manitoba Agriculture

ing the structural, geological, and min-

ed MRE to fully capture the value of the

and Resource Development Depart-

eralogical characteristics of deposits in

Platinum metals group mineralization as

ment (ARDD) has voiced support for the

the Thompson Dome to the north. The

well. The company is highly committed

Minago Project, recognizing its pivotal

exploration journey so far has outlined a

to engaging with First Nation stakehold-

role in supplying much-needed Class

substantial nickel resource, both in open

ers and cultivating mutually beneficial

1 high-purity nickel for nickel-lithium

pit and underground reservoirs, total-

partnerships with local communities.

batteries that are vital to the era of fast-

ing 721.6 million pounds of measured

growing EV markets.

and indicated nickel and 318.9 million

PERMITTING

Anticipated to possess an industry-lead-

EXPLORATION POTENTIAL

pounds of inferred nickel. The nickel mineralization at Minago continues be-

In August 2011, the Minago Project

ing low carbon footprint that surpass 99

achieved a major milestone when the

per cent of existing global nickel pro-

Environment Act License (EAL) was is-

duction according to a study by Skarn

sued by the province of Manitoba. Sub-

Associates, a metals and mining ESG

sequently, in December 2013, the previ-

research company. Minago is poised to

Substantial volumes of nickel miner-

ous project operator filed a noteworthy

significantly reduce the carbon dioxide

alization that are presently defined by

Notice of Alteration (NOA) to the EAL,

(CO2) emissions associated with con-

drilling in the Nose Zone and North

addressing the relocation of the tailings

ventional nickel production. The nickel

Limb Zone were excluded from the cur-

management area to address First Na-

concentrate from Minago is uniquely

rent MRE by the cut-off grades applied.

tion concerns. Flying Nickel has since

positioned to fuel high-performance

The current optimized pit shell has a

submitted substantial updates on the

nickel batteries, a crucial component

maximum depth of approximately 350

2014 NOA to the Manitoba Govern-

powering the next wave of modern

metres below surface.

36 2023-2024 Northern Prospector

yond 350 metres in depth and along the strike, heralding a future of prolific mining.


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