Homeland Nickel Teams Up with Brazilian Nickel to Advance Oregon Nickel Laterite Projects
Homeland Nickel Inc. (TSX-V: SHL, OTC: SRCGF) has teamed up with UK-based Brazilian Nickel Limited to jointly advance the financing and development of four nickel laterite properties in Oregon, USA. The collaboration aims to leverage Brazilian Nickel's expertise in low-carbon, environmentally responsible production using laterite heap leaching technology.
Homeland Nickel, a Canadian mineral exploration company, will handle stakeholder engagement, permitting activities, geological evaluations, and preparation of a Mineral Resource Estimate. Meanwhile, Brazilian Nickel, established in 2013, will focus on project studies, metallurgical development, ESG and CO2-reduction strategies, and compliance with international standards.
The two companies will work together on technical advancement, preparation of technical studies, project development strategies, and preliminary economic and environmental assessments. The properties involved are Red Flat, Cleopatra, Woodcock Mountain, and Eight-Dollar Mountain, all owned by Homeland Nickel. The collaboration also includes Brazilian Nickel being appointed as Homeland Nickel's exclusive development and processing partner for the Oregon Properties during the agreement's term.
Homeland Nickel's common shares trade on the TSX Venture Exchange under the symbol 'SHL'. The company is excited about this collaboration, as it aligns with their focus on critical metal resources and Brazilian Nickel's expertise in low-carbon nickel production. Both companies are committed to advancing the nickel laterite properties in Oregon while prioritizing environmental responsibility.
