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Projects

Corcel

Galicia, Spain

43°06'56.1"N 8°46'34.0"W

Castriz is part of the Corcel project, which was acquired by Eurobattery Minerals in 2019. The project is located in the mining-friendly jurisdiction of Galicia, northwest Spain, near the town of La Coruña. The rock types at Corcel are ultramafic and mafic layered intrusive rocks which are known to host Ni-Cu-Co ore deposits.

28

Ni

Nickel

29

Cu

Copper

27

Co

Cobolt

Corcel map

Exploration

  • Reconnaissance drilling
  • Geochemistry
  • Geophysics
  • Mapping

Resource definition

  • Infill drilling
  • Step-out drilling

Scoping study

  • Preliminary technical study
  • Preliminary economic study

Feasibility Study

  • Detailed technical study
  • Detailed economic study

Development

  • Construction
  • Commissioning

Production

  • Full-scale metal production and delivery

Related news

Eurobattery Minerals presented status update regarding its Hautalampi and Corcel projects at investor meeting

Metallurgical study in Corcel confirms high level of Nickel worth EUR 113.9 million

Another step closer to mining: Eurobattery Minerals submits necessary information for the Environmental and Operating Permit for Spanish Corcel project

Eurobattery Minerals receives independent NI-43-101 report for the Corcel project: Alone 10% of the deposit contain the amount of Nickel needed for 500,000 car batteries

New results from Spanish Corcel support the estimated 60 million tonnes with 0.25% nickel – Covid-19 at external lab delay accredited resource to Q2

Highly satisfactory results from drillings at the Spanish Corcel Project: Estimated 60 million tonnes with 0.25% nickel

Eurobattery Minerals: On-schedule completion of drilling campaigns in Finland and Spain

Eurobattery Minerals starts new drilling campaign at Corcel project in Spain

MINERAL TESTS CONFIRM ECONOMICAL GRADE NICKEL SULPHIDE AT CORCEL

FINAL ASSAYS CONFIRM HIGH NICKEL SULPHIDE DISCOVERY AT CORCEL PROJECT

New test results from Corcel Project confirm high proportion of nickel sulphide

FINAL RESULTS FROM DRILLING SHOW LARGER PROSPECT ZONE THAN EXPECTED IN CASTRIZ

Eurobattery Minerals to start drilling operations in Spanish battery mineral project

STRONG NICKEL ASSAYS RECEIVED WITH COINCIDENT GEOPHYSICAL ANOMALIES AT CORCEL

Works on the Castriz-target on the Corcel-project well under way

Castriz - the company's flagship project in Corcel

Historical exploration activities in the 1980s, which included geophysics, soil and rock sampling, trenching and drilling, confirmed an extensive area of rock prospective for Ni-Cu-Co mineralisation. Based on these results, Eurobattery Minerals has identified high-grade massive sulphide targets, potentially suitable for selective underground mining, in addition to large tonnage targets potentially amenable to bulk tonnage mining. 

The Company’s main target at Corcel is the Castriz prospect which was identified in the 1980s as the area with the highest prospectivity. The historical soil sampling and trenching identified a large area of mineralisation. These anomalies were partly drill tested and confirmed the presence of disseminated and massive sulphides. Critically, the nickel and copper mineralisation consists of the sulphide minerals pentlandite and chalcopyrite, respectively. These minerals are highly sought after for producing the intermediate products used in the EV battery manufacturing.