Copper Lake recently unveiled an updated mineral resource estimate for its Norton Lake Nickel-Copper-Cobalt-PGE Deposit based on their latest NI 43-101 Technical Report. The Northwestern Ontario deposit indicates open pit and underground measured and indicated resources of 1,795,000 metric tons, with an impressive average grade of 0.72% Ni and 0.69% Cu, amounting to 28.3 lbs of nickel and 27.3 lbs of copper. Furthermore, there’s a significant open pit and underground measured resource of 861,000 metric tons, boasting an average grade of 0.66% Ni and 0.62% Cu. This translates to 12.5 lbs of nickel and 11.8 lbs of copper.
Terry MacDonald, the CEO of Copper Lake, shared his enthusiasm about the deposit’s potential, stating that the Norton Lake Deposit stands out as a significant exploration project in the evolving North American EV metal sector.