First Nickel Expands Test Drilling in Lockerby, Ont., Spot Price Falls 0.3% on the LME

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First Nickel wouldn’t be planning to invest as much as $900,000 in exploration drilling in 2015 if it didn’t believe its Lockerby, Ont., mine had a future longer than a year or two.

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The company made tough decisions in December, bringing in a new vice-president of Sudbury operations, developing a plan to cut expenses and employees, and resuming mining its ramp development between the 6,800-foot level, said FNI Chief Executive Thomas Boehlert.

 

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