TWIN METALS MINNESOTA PROJECT
Twin Metals Minnesota is a wholly-owned copper, nickel and platinum group metals (PGM) underground mining project which holds the Maturi, Maturi Southwest, Birch Lake and Spruce Road copper-nickel- PGM deposits located in north-eastern Minnesota, US.
During 2017 the Group commenced preparation of the Mine Plan of Operations, a pre-requisite for permitting applications. The Group also undertook further evaluation and optimisation exercises on the pre-feasibility study, completed in 2014, with the aim of completing an updated pre-feasibility study by the end of 2018.
In December 2017 the US Department of the Interior reaffirmed Twin Metals’ right to renew two federal mineral leases, a right denied in December 2016 by the Bureau of Land Management (BLM) and the US Forest Service (USFS). These mineral leases cover part of the project’s mineral resources