Royal Nickel (RNX-T) July 30, '15 announces the receipt of a positive Environmental Assessment Decision for the Dumont Nickel Project ("Dumont") from the Federal Minister of the Environment.
The Minister has determined that the project is not likely to cause significant adverse environmental effects with the implementation of the mitigation measures outlined in the Comprehensive Study Report ("CSR") and has therefore referred the project back to the responsible authorities, Fisheries and Oceans Canada and Natural Resources Canada, for the issuance of permits.
Mark Selby, President and CEO, commented, "We are pleased to receive this positive decision from the federal government in a timely manner following the receipt of the main environmental permit for Dumont from the Quebec Government on June 25, 2015. I am proud of the RNC team's commitment to thorough community and stakeholder engagement and the responsible development of the project."
About Royal Nickel Corporation
Royal Nickel Corporation is a mineral resource company focused primarily on the acquisition, exploration, evaluation and development of base metal and platinum group metal properties. RNC's principal asset is the Dumont Nickel Project strategically located in the established Abitibi mining camp, in the municipalities of Launay and Trécesson, 25 kilometres northwest of Amos, Quebec. RNC also owns interests in two advanced stage nickel exploration properties: the Aer-Kidd project near Sudbury, Ontario and the West Raglan project in northern Quebec. RNC has a strong management team and Board with over 100 years of mining experience in the nickel business at Inco and Falconbridge. RNC's common shares and warrants trade on the TSX under the symbols RNX and RNX.WT.
SOURCE Royal Nickel Corporation
For further information:
Rob Buchanan, Director, Investor Relations, T: (416) 363-0649, www.royalnickel.com;
Mélanie Corriveau (French contact), Community Relations Coordinator, T: (819) 727-3777
Royal Nickel Corporation 220 Bay Street , Suite 1200, Toronto, ON, M5H 2T7, Canada www.royalnickel.com |