1090 GEORGIA STREET WEST, SUITE 1060
VANCOUVER
British Columbia
Canada,
V6E 3V7
Phone: +1 (604) 681-2300
Fax: +1 (604) 681-2310
Toll Free: 1-800-681-2399
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* About Hard Creek - Hard Creek Nickel Corporation wholly owns one of the largest undeveloped nickel cobalt sulphide deposits in the world. The site also has the potential to include platinum and palladium as a portion of the overall resource.
* Location - 70 kilometers east of Dease Lake in the Northwestern region of British Columbia, Canada.
* Size - The project consists of 81 contiguous mineral claims that cover an area of 29,000 hectares.
* Resource - Exploration includes more than 75,620 meters of diamond drilling in 304 holes resulting in 695,012,000 tonnes grading 0.216% Nickel and 0.014% cobalt in the measured and indicated category.
* Quick Key Facts
100% owned by Hard Creek Nickel Corporation.
C1 Operating cost of U.S. $3.30 per pound of nickel very competitive to other large Greenfield projects.
Average output once in production is forecast at 35,000 tonnes of nickel per year, or 77 million pounds with a mine life of 24.4 years.
Recent metallurgical breakthrough identifies potential to develop concentrates exceeding 15%.
Provincial and Federal Government have budgeted for and have made a commitment to build a power line up the Highway 37 corridor.
Environmental assessments have been approved.
Politically stable jurisdiction.
First Nations, Provincial and Federal Governments mining friendly.
Exploration in 2011 will be targeting untapped PGE potential on the property.
* Economic indicators - Recovery in world economies has led to a higher demand for base metals. China continues to lead the economic recovery on the world stage and leads in their demand for stainless steel.
For more information visit:
www.hardcreeknickel.com
This presentation includes the use of inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no assurance the mining, metal production or cash flow scenarios outlined in this report would ever be realized. Mineral resources are not mineral reserves and do not have demonstrated economic viability.
News ReleasesTuesday, January 24, 2012
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