Homeland Nickel Teams Up with Brazilian Nickel to Advance Oregon Nickel Projects
Homeland Nickel Inc. (TSX-V: SHL, OTC: SRCGF) has teamed up with Brazilian Nickel Limited to jointly advance the financing and development of nickel laterite properties in Oregon, USA. The collaboration, under a preliminary agreement, will see the two companies work together to leverage Brazilian Nickel's expertise in laterite heap leaching technology.
Homeland Nickel, a Canadian-based mineral exploration company, has entered into this agreement with Brazilian Nickel, a privately held UK company established in 2013. Brazilian Nickel specialises in nickel laterite heap leach projects worldwide.
The agreement covers four nickel laterite properties in Oregon: Red Flat, Cleopatra, Woodcock Mountain, and Eight-Dollar Mountain. Brazilian Nickel has been appointed as the exclusive development and processing partner for these properties during the agreement's term. The company will be responsible for project studies, metallurgical development, ESG and CO2-reduction strategies, and compliance with international standards.
Homeland Nickel, on the other hand, will handle stakeholder engagement, permitting activities, geological evaluations, and preparation of a Mineral Resource Estimate. The two companies will collaborate on technical advancement, preparation of studies, and project development strategies.
Homeland Nickel and Brazilian Nickel will work together exclusively to seek funding and leverage Brazilian Nickel's expertise in laterite heap leaching technology. This collaboration aims to advance the development of nickel laterite properties in Oregon, with each company bringing its unique strengths to the table.
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