Turnagain Project

The Turnagain Project, located in north central British Columbia, is among the largest undeveloped sulphide nickel deposit in the world in terms of total contained nickel.  Giga Metals has 100% ownership of the project. Composited data from 204 drill holes was used to establish a 43-101 compliant resource, which includes measured plus indicated resources of 865 million tonnes @ 0.21% nickel and 0.013% cobalt, or 4 billion pounds of nickel and 250 million pounds of cobalt.  Inferred resources are an additional 976 million tonnes @ 0.2% nickel and 0.013% cobalt, which translates to another 4 billion pounds of nickel and 280 million pounds of cobalt.

Extensive metallurgical test work has shown that a simple flow sheet using froth flotation can reliably create a clean concentrate grading 18% nickel and 1% cobalt, which is a very desirable product that can be upgraded to class one nickel of very high purity for use in lithium ion batteries.  The cobalt byproduct is another critical element for batteries.

For a more detailed geological description of the project, click here.   To read the 43-101 compliant Preliminary Economic Assessment, click here.

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