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Voisey's Bay Project
Voisey's Bay
Country
Canada
Province
Newfoundland
Close to
Nain
Status
PRODUCTION
Latitude / Longitude
56 N 31 / 61 W 41
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Cobalt - Copper - Nickel -
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Risk and valuation analysis of the Voisey's Bay Project
Status Risk : Production
Country Risk : Very Low
Resource Risk : 99.00%
Title(s) of the Voisey's Bay Project
International Royalty Corporation
Net Smelter Return: 2.7%
Title
Company Profile
All Projects
Company website
Company project page
Altius Minerals Corporation
Net Smelter Return: 0.3%
Title
Company Profile
All Projects
Company website
Company project page
Altius has a 10% interest in the Labrador Nickel Royalty Limited Partnership. The Limited Partnership holds a 3% net smelter return royalty over the Voisey’s Bay nickel-copper-cobalt project in Labrador that is owned and operated by Vale INCO NL.
Location of the Voisey's Bay Project
The Voisey's Bay property is in northern Labrador on a peninsula bordered to the north by Anaktalak Bay and to the south by Voisey's Bay, approximately 35 km southwest of Nain. Labrador is part of the province of Newfoundland and Labrador, located on Canada’s Atlantic coast.
History of the Voisey's Bay Project
In 1996, Vale Inco acquired the rights to the Voisey's Bay nickel-copper-cobalt deposits located on the eastern edge of a vast expanse of northern wilderness 300 kilometres north of Happy Valley-Goose Bay in Labrador, Canada. In June 2002, Vale I
more...
Reserves and resources of the Voisey's Bay Project
Tonnage
Grade
Reserves and resources
Nickel
Copper
Cobalt
Nickel
Copper
Cobalt
%
%
%
lbs
lbs
lbs
Proven
25,500,000
3.04
1.75
0.15
1 709 023 456
983 812 845
84 326 815
Probable
3,400,000
1.76
0.37
0.03
131 924 618
27 734 153
2 248 715
Proven and Probable
28,900,000
2.89
1.59
0.14
1 840 948 074
1 011 546 998
86 575 530
Total
28 900 000
1 840 948 074
1 011 546 998
86 575 530
Definitions
Reserves and resources of the Voisey's Bay Project
Metal
Total
Reserves
Resources / Mineralized Material
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Copper
1 011 546 998
983 812 845
27 734 153
1 011 546 998
lbs
3 331 530 037 US$
Nickel
1 840 948 074
1 709 023 456
131 924 618
1 840 948 074
lbs
US$
Cobalt
86 575 530
84 326 815
2 248 715
86 575 530
lbs
US$
Production history
Metal
2009
2008
COPPER (lbs)
122,000,000
NICKEL (lbs)
171,000,000
Exploration and drilling
6/11/2009
(Vale Inco)
Labor talks stalled at Vale Canada nickel mine
11/22/2006
(Altius Min.)
Acquires New Uranium and Nickel Projects in Labrador, Canada
Location
Data last updated on : 12/31/2007
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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