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Centaurus beats expectations with nickel resource

Shares in Brazil-focused Centaurus Metals have hit a six-year high after the company reported the maiden JORC resource for its Jaguar nickel project.

Centaurus beats expectations with nickel resource Centaurus beats expectations with nickel resource Centaurus beats expectations with nickel resource Centaurus beats expectations with nickel resource Centaurus beats expectations with nickel resource

Drilling at Jaguar in Brazil

Jaguar, in Carajas Province, has an indicated and inferred resource of 48 million tonnes at 1.08% nickel for 517,500 tonnes of contained nickel.

There is also a high-grade component of 20.6Mt at 1.

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