NEW YORK Anfield Nickel Corp. has received an exploitation license for the Sechol area of its Mayaniquel nickel laterite project in eastern Guatemala.
The license, which grants the Vancouver, British Columbia-based company the right to mine all of the nickel and iron mineralization in the area, run for 25 years, with an option for the company to extend the license for another 25 years.
Anfield chairman David Strang told AMM that the company is working on a feasibility study for the project but does not have a timeline for its completion. The company completed a pre-feasibility study in December 2012.
Anfield acquired the project through the acquisition of a 100-percent interest in Mayaniquel S.A. from BHP Billiton in May 2009 (amm.com, April 22, 2009).