AllPennyStocks.com News: Micro-Cap Owns Property Potentially Similar to Historical World Class Project

Mississauga, ON -- (SBWIRE) -- 12/20/2018 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Micro-Cap Owns Property Potentially Similar to Historical World Class Project."

Companies mentioned in this article include Vale (NYSE:VALE), Wheaton Precious Metals (TSX:WPM) (NYSE:WPM), Cobalt 27 Capital (TSX-Venture:KBLT) (OTC:CBLLF) and GSP Resource Corp. (TSX-Venture:GSPR).

Article Excerpt:

The Voisey's Bay nickel-copper-cobalt mine, located in northern Labrador about 35 kilometres southwest of Nain, is considered to be one of the most substantial mineral finds in Canada in half a century. To that point, it is relatively new, first discovered by a prospecting firm hired by Diamond Fields Resources. Owned today by a unit of Brazilian multinational mining giant Vale (NYSE:VALE), the mine is estimated to contain total mineral reserves of 32.4 million tonnes with a nickel grade of 2.13% and a cobalt grade of 0.13%.

Open-pit mining and operations at Vale's 6,000 tonnes-per-day facility began in 2005, producing both nickel-cobalt-copper concentrate and copper concentrate. So far the mine has produced more than 600,000 tonnes of nickel, 400,000 tonnes of copper concentrate, and 12,000 tonnes of cobalt.

The full version of this article can be found at: https://www.allpennystocks.com/specialreportsca/1034/micro-cap-owns-property-potentially-similar-to-historical-world-class-project

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Contact:
AllPennyStocks.com Media, Inc.
Peter Szafranski -- President
Phone: (905) 361-5680
E-Mail: peter@allpennystocks.com
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Note: AllPennyStocks.com has been compensated three thousand dollars by the company for its efforts in presenting the GSPR profile on its web site and distributing it to its database of subscribers as well as other services. For a complete disclaimer, investors are encouraged to click here: https://www.allpennystocks.com/SpotLight/39/GSP-Resource-Corp.htm.

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