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History of the Dumont Nickel Project |
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| Date: | Event: |
| 1939-56 |
Identification of Dumont intrusion and initial discovery of nickel |
| 1969-71 |
Drilling by Dumont Nickel Corp. outlined a large, low-grade nickel sulphide deposit (21,052 metres in 57 holes) |
| 1987 |
Drilling discovers platinum and palladium zone at the base of the eastern section of the sill (14 holes totaling 3,812 metres) |
| 1997 |
Staked by MARBAW after being dropped by Dumont Nickel Corp. during a period of low nickel prices |
| 2007 |
Royal Nickel Corporation acquires 100% interest in the project |
Royal Nickel drills 59 holes totaling 22,500m to begin modern definition of resource
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| Royal Nickel initiates metallurgical testing program |
| NI 43-101 Micon International Initial Resource Report, August 2007 |
| Aker Kvaerner completes Conceptual Study, October 2007 |
| 2008 |
Additional 43,000 m of drilling to expand resource base |
| NI 43-101 Micon International Resource Update, April 2008 |
| Aker/Genivar completed an updated Conceptual Study, August 2008 |
| 2009 |
NI 43-101 Micon International Resource Update, January 2009 |
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