Nickel Company News Directory

PolyMet Mining Reports Financial Results

PolyMet Mining (TSX:POM) reported its financial results for the year ended January 31, 2015. The company reported a $7.276 million loss for the year, compared with $8.132 million for the year previous. As of January 31, 2015, PolyMet had cash and cash equivalents of $9.301 million.

International Montoro Hits Sulphide Mineralization at Pecors Anomaly

International Montoro Resources (TSXV:IMT) has hit a thick, medium to coarse grained gabbro unit with two distinct zones of pyrrhotite and chalcopyrite at the Pecors anomaly in Ontario. CEO Gary Musil said, "Also, there is evidence that a remobilization process has occurred in this magmatic system. Pecors is indeed a favorable setting for potentially rich nickel-copper-PGE mineralization which marks a significant advancement of the exploration model for the district.” Drilling on a second hole, approximately 650 metres northwest, will begin upon completion of hole #1.