Published: 08 October 2013

Bindura Nickel Corporation Limited is pleased to announce the completion of a competent person's review by SRK Consulting (UK) Limited ('SRK') of its Business Plan for the re-start of operations at Trojan Mine.

SRK reviewed the updated mine plan targeting the higher grade ore zones in the early years of production at Trojan. The report is independent confirmation that the plan is realistic and achievable and enables BNC to update its Ore Reserves statement to total reserves of 3.168Mt at an average grade of 1.04% for 32,975 tonnes of nickel, a 28% increase to the previously reported Trojan reserves as at 31 March 2010 of 25,810 tonnes of contained nickel.

BIND Completion of competent persons report.pdf

- BIND

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