Mambare Nickel Mine in Papua New Guinea Faces More Delays from Exploration Drilling

Mambare Nickel Mine in Papua New Guinea Faces More Delays from Exploration Drilling

PERTH, AUSTRALIA--May 7, 2014--Researched by Industrial Info Resources Australia (Perth, Australia)--Direct Nickel Limited (ASX:DIR) (Sydney, New South Wales), in partnership with joint venture associate Regency Mines Public Limited Company (AIM:RGM) (London, England), continues to evaluate the economic benefits of proceeding with the Mambare Nickel Project in Papua New Guinea. The planned grassroot mine has been delayed significantly longer than intended, as a result of further exploration drilling and pilot plant testing, which will continue through 2014.

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