Centaurus Metals has secured 100% of the Itapitanga nickel-cobalt projectin the Carajás Mineral Province of Brazil.
The project is located at the southern strike extent of Anglo American’s world-class Jacaré nickel-cobalt project, which has a resource of 307 million tonnes at 1.3% nickel and 0.3% cobalt, including a high-grade cobalt component of 185Mt at 1.2% nickel and 0.18% cobalt.
Centaurus geologists have confirmed the presence of the same mineralisation over a 4.5km strike length at Itapitanga.
The company raised A$2.65 million in a heavily oversubscribed placement to fund immediate work on the project and other Brazilian targets.
Ausmex Mining Group h...