Eagle’s Nest is a high-grade nickel-copper-platinum-palladium deposit located in the Ring of Fire region of Northern Ontario. It is 100% owned by Wyloo Metals and is one of the largest undeveloped, high-grade nickel-sulphide deposits in the world.
On the basis of our existing exploration work, the project will have an initial mine life of 11 years, with the potential for a 9-year extension. Eagle’s Nest will produce modest volumes of high value product via selective underground mining methods that minimize surface disruption. The produced ore will be processed into 150 to 250 thousand tonnes of nickel-bearing concentrate per year.
The proposed Eagle’s Nest project has sustainability at the heart of its design, and will set a new benchmark in the area of responsible mine development. The highlights of this project include:
Wyloo Metals is also investigating the application of other sustainable technologies to complement the existing design, including:
Wyloo Metals supports Ontario’s Critical Minerals Strategy, particularly its emphasis on creating resilient domestic supply chains; investing in innovation, research and labour supply; and, critically, building economic development opportunities with Indigenous partners. Eagle’s Nest has the potential to be a secure, multi-generational source of critical metals to Canadian industry. Wyloo Metals has reaffirmed its four commitments to community engagement and sustainable development of Eagle’s Nest, which are well aligned to the province’s ‘grass-roots’ strategy:
Eagle’s Nest is associated with an ultramafic sill complex situated at the contact between a large tonalite body to the northwest, and a volcanic sequence to the southeast. At over 15km in strike length and up to 1.5km in thickness, this sill complex is believed to consist of at least two individual sills known as the Double Eagle Intrusive Complex and the Black Thor Intrusive Complex. Both contain an ultramafic keel and/or feeder dyke with attendant Ni-Cu-PGE mineralization, overlain by crudely layered accumulations of dunite, peridotite and chromitite and capped by pyroxenite and gabbro.
The mine currently has over 20 million tonnes of measured, indicated and inferred resources containing high-grade nickel mineralization with significant copper, palladium and platinum content.