
African Eagle is currently developing a feasibility study which will be used to secure the financing for the Dutwa nickel oxide project. African Eagle discovered the Dutwa nickel oxide project in June 2008. Within 9 months, the Company defined an initial JORC-compliant resource and obtained extremely positive early metallurgical test results. A "proof of concept" scoping study completed a year after the discovery made a strong investment case for the project, showing that the operation was likely to be highly profitable at today's nickel prices. Subsequent drilling more than doubled the initial resource and an updated scoping study in December 2010 added greatly to confidence in the viability of the project.
UK Office & Registered Address : 2nd Floor, 6-7 Queen Street, London, EC4N 1SP, UK,
+44 20 72 48 60 59 Fax +44 20 76 91 77 45 e-mail info@africaneagle.co.uk
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