:: View Announces Nickel Agreement

View Resources Ltd has announced a Heads of Agreement with Anaconda Nickel Ltd regarding the processing of their nickel oxide ores.

Under the agreement Anaconda will process nickel oxide ore from View Resources mining tenements at its Murrin Murrin treatment plant approximately 60km east of Leonora, Western Australia.

View Resources currently has a nickel oxide resource of 37,350 tonnes at 2.72 percent nickel with potential to significantly increase the resource with further drilling.

View Resources Managing Director Derek Lenartowicz said: "The innovative agreement provides the company with a realistic opportunity to extract value from a near surface resource which cannot be processed through traditional sulphide flotation methods".