The company reported that contained nickel in the Indicated resource category has increased by 16%, while contained nickel in the Inferred resource category has increased by 175%

This project comprises a concession of 80.000 hectares near Izabal Lake, 120 kilometers NE from Guatemala City.

Source: MarketWatch.com

More on this topic

Nickel Potential in Guatemala

April 2013

It has been estimated that between southern Petén and northern Izabal there is one of the largest nickel reserves in the world.

"The Ministry of Energy and Mines (MEM) estimates that although at the moment the area of Izabal has only small projects, in the next few years there will be a mining complex because of the large mineral reserves, which would place Guatemala among the top five producers the world,"noted an article in Elperiodico.com.gt.

Panama: More Gold Found in Cerro Quema

September 2011

New results from the exploration process of the Cerro Quema gold mine have been unveiled.

The mining company Pershimco Resources has announced results of new exploration east of its current mining project "Cerro Quema."

The scan found 75 meters with 2.25 grams per tonne gold and 94 meters with 1.11 grams per tonne.

Guatemala: Mayaniquel Mine has Good Economic Potential

July 2011

An economic feasibility study by Anfield Nickerson Corp has estimated average annual production 19,900 tons of ferronickel and a net present value of $606 million.

The Canadian company engaged in exploration and extraction, announced the conclusion of the economic feasibility study on the Mayaniquel project, a nickel mine in the northeast of Guatemala.

Guatemala: Nickel Deposit Found

November 2010

Anfield Nickel Corp. discovered a nickel deposit in Tres Juanes Sur, in Izabal.

The Tres Juanes field is owned by Guatemalan Mayaníquel, SA, a subsidiary of Anfield Nickel Corp.

The site is located at a depth of 18.4 meters, grading 3.05% nickel.

Anfield Nickel Corp. exploration company focused on exploration and development of nickel resources.