Dikoloti nickel project, Botswana

19th February 2010

By: Tamsyn Graumann

  

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Name and Location
Dikoloti nickel project, Botswana.

Project Description
The project covers a 612-km2 area surrounding three nickel deposits in the Selebi-Phikwe region, and involves four possible licences.

Dikoloti has inferred resources of 4,1-million tons at 0,7% nickel, 0,5% copper and 1,5 g/t platinum-group elements at a cutoff of 0,5% nickel.

Value
The value of the project has not been disclosed.

Duration
Not stated.

Client
Discovery Metals.

Key Contracts and Suppliers
GeoBiotics (testwork).

Latest Developments
Discovery Metals renewed the licences in July 2009, for two more years. The company expects to complete a further exploration programme to add to the mineral resource and give Dikoloti a ten-year project life.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Discovery Metals, tel +267 318 0751 or fax +267 318 0752.
GeoBiotics, tel +303 277 0300 or fax +303 277 1772.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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