Modern Mining September 2022

MINING News

PNR completes purchase of Selkirk Mine in Botswana

Canadian exploration and development company, Premium Nickel Resources (PNRL), has completed the acquisition of the nickel, copper, cobalt, platinum-group elements (Ni-Cu-Co-PGE) Selkirk Mine in

TSX-listed Giyani Metals has appointed Nicola Spooner to the Giyani Board of Directors. Spooner has 30 years’ expe rience in the provision of E&S advisory services to the natural resources and clean energy sectors. She has led multiple environmental and social impact assess ment and E&S due diligence assignments across the globe. Prior to joining Giyani, Spooner established the international environmental, social and governance practice for Hatch Associates (UK) and is founder of her own practice, Green Business Consulting. She wi l l serve as the chair of the The company began comprehensive due diligence programmes on the Selkirk Mine in 2020 and has since continued to verify old data and collect new data, including completion of a ‘concept-level’ metallurgical study. The metallurgical test ing carried out at SGS Lakefield, Ontario, Canada, will help to establish the company’s re-development plan to produce separate copper and nickel-cobalt concentrates. Keith Morrison, CEO, commented: Completing the transfer of ownership of the Selkirk Mine concludes PNRL’s announced asset purchases with the liquidator of TNMC in Botswana. On a voluntary basis, PNRL will move forward with completing its initial NI 43-101 technical report on Selkirk and the surrounding prospecting licenses. Concurrently, we will prioritise the prepa Botswana, together with associated infra structure and four surrounding prospecting licences formerly operated by Tati Nickel Mining Company (TNMC).

Corporate Governance & Nominating Committee and will join the Technical, HSE & Sustainability Committee. Giyani also announced the engage ment of HCF to provide a strategic funding review to assist the company in analysing various funding options for its flagship K.Hill Battery Manganese project. The company is currently in discussions with a number of financial institutions with respect to the funding of the development of K.Hill and HCF will work with Giyani to review and evaluate optimal solutions for its future project funding requirements, the company said.  The Selkirk Mine is situated 75 km north of the 100% owned Selebi Mines. The Selkirk mining license covers about 14.6 km 2 and the four prospecting licenses cover 126.7 km 2 . Production at the Selkirk Mine took place between 1989 and 2002 with Anglo American mining high grade Ni-Cu massive sulphides and produc ing 1 million tonnes at 2.6% Ni and 1.5% Cu. Thereafter, in 2006, LionOre Mining International published a technical report, which reported a historic indicated mineral resource estimate of 6 mt grading 1.06% Nickel and 0.36% copper at a cut-off grade of 0.75% Ni.  ration and exploration requirements that will support our proposed redevelopment plans for new modern operations with state-of-the-art processing and tailings management facilities. The re-development plan will encompass modern best practices, using less power, less water and assuming conservative commodity prices.”

Premium Nickel Resources acquires Selkirk Mine in Botswana.

Giyani strengthens board and appoints strategic advisors

Giyani Metals is developing the K.Hill Battery Manganese project.

6  MODERN MINING  September 2022