TORONTO, Dec. 5, 2011 /CNW/ - Royal Nickel Corporation ("RNC") (TSX: RNX) is pleased to announce the Avis de Projet ("Project Notice") for the Dumont Nickel Project ("Dumont") was filed on December 2, 2011 in order to notify the Quebec Ministry of Sustainable Development, Environment and Parks ("MDDEP") of its intention to proceed with the development of Dumont. The Project Notice provides preliminary information about Dumont to the MDDEP and to the federal Canadian Environmental Assessment Agency. The filing of the Project Notice is the first step in the Environmental Impact Assessment and Review Procedure.
"The filing of the Project Notice is an important milestone for RNC," said Tyler Mitchelson, President and CEO of RNC. "By delivering on our commitment to file the Project Notice before the end of 2011, RNC remains on target to meet its goals of obtaining permits for Dumont before the end of 2013 and to bring the project into production before the end of 2015."
About Royal Nickel Corporation
Royal Nickel Corporation is a mineral resource company focused primarily on the exploration, development, evaluation and acquisition of base metal and platinum group metal properties. RNC's principal asset is the 100% owned Dumont Nickel Project strategically located in the established Abitibi mining camp, 25 kilometres northwest of Amos, Quebec. RNC has a strong management team and Board with over 100 years of mining experience in the nickel business at Inco and Falconbridge. The Corporation's common shares and warrants trade on the TSX under the symbols RNX and RNX.WT.
Cautionary Statement Concerning Forward-Looking Statements
This news release contains "forward-looking information" that are based on expectations, estimates and projections as of this date. While the Corporation expects that it will be able to meet its goal of obtaining permits for Dumont before the end of 2013 and of bringing the project into production before the end of 2015, there are known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could affect the outcome include, among others: the actual results of development activities; project delays; inability to raise the funds necessary to complete development; general business, economic, competitive, political and social uncertainties; future prices of metals; availability of alternative nickel sources or substitutes; actual nickel recovery; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; accidents, labour disputes and other risks of the mining industry; political instability, terrorism, insurrection or war; delays in obtaining governmental approvals, necessary permitting or in the completion of development or construction activities. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to RNC's filings with Canadian securities regulators available on SEDAR at www.sedar.com.
Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and the Corporation disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws
Director, Investor Relations
T: (416) 363-0649
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