Canada-based exploration company Landore Resources is likely to begin production at the B4-7 nickel-copper project in its Junior Lake property, Ontario, in the next two to three years.
Production at the site is expected to follow the updated resource estimates reported by the company.
The resource increase of 2,695,000 tonnes at 1.24% nickel equivalent for 33,248 tonnes of contained metal was noted during the drilling on the B4-7 deposit in 2012.
Commenting on the developments Landore Resources chairman Bill Humphries stated that the significant increase further reflects material enlargement potential at the resource.
"The updated B4-7 resource together with the nearby VW Nickel resource allows Landore to proceed with pre-feasibility studies.
"Landore is well-poised to advance the project towards production in 2015-16," said Humphries.
Landore has also launched a drilling campaign at a new exploration target along strike and down dip from B4-7 containing 1.5 million tonnes to 2 million tonnes at similar grades.