NCP:CC - Nickel Creek Platinum Touts Carbon Sequestration Potential for Nickel Shaw Project

2023-05-16 16:00:06 ET

A University of British Columbia (UBC) study done on Nickel Creek Platinum’s (TSX:NCP) Nickel Shäw project indicates the property’s potential for a low-carbon mining operation through carbon sequestration , according to Stuart Harshaw, the company’s president and CEO.

“The benefit of our project is that we actually have mineralization, which would be in our tailings as well as waste rock, that’s high in magnesium. Essentially, it will absorb the carbon dioxide directly from the atmosphere, or you can actually do manual methods of that,” he explained. “And so the uniqueness of these deposits is the significant amount of this mineralization in the form of a brucite of something similar.”

The Wellgreen deposit at the Nickel Shäw project was the subject of a UBC study focused on the asset’s potential for carbon capture , indicating a carbon sequestration capability of approximately 34,400 metric tons of carbon dioxide per year.

For further details see: