Giga Metals

Stage of development:Development
Commodity: Nickel, Cobalt
Project to promote: The Turnagain Project

Live financials

Giga Metals’ Turnagain Project is one of the largest undeveloped nickel-cobalt sulphide deposits in the world; located in northern British Colombia, 1350km northwest of Vancouver and 70km east of Dease Lake township. The Company completed 10,835 metres of drilling in 40 holes in 2018 and is incorporating them to update the current resource while advancing engineering studies. Previous metallurgical studies indicate Turnagain concentrate to be high quality and easily upgraded to Class One Nickel meeting lithium-ion battery requirements. The Turnagain project comes at an opportune time given the growing demand for nickel and cobalt in the Electric Vehicle (EV) industry .


Management Profile

Mark Jarvis, President & CEO 

30+ years of proven experience in financing exploration and development of oil & gas and metals.

What is your rationale for attending 121 Mining Investment?

To increase awareness of Giga Metals Corporation, communicate the investment opportunity it represents, and increase trading liquidity.

What recent news would you like to highlight to investors attending?

Giga Metals’ Turnagain Project has attracted some of the top talent in the nickel sector to it’s Board and Management Team.

July 31, 2019 Giga Metals appoints Lyle Trytten, former General Manager Sustainability with Sherritt, Manger of Development

January 23, 2019 Robert Morris, former head of global base metals marketing at Vale, joins Board of Directors

November 20, 2018 Martin Vydra, Former senior executive at Sherritt, joins Board of Directors

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Complete a resource estimate update to our current 43-101 resource estimate while advancing engineering and metallurgical studies

6 Months:

Continue our environmental monitoring programs, and advance our outreach with local Stakeholders and Government.

12 Months:

Complete an updated economic study optimising lower cost development options.

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

One of the greatest challenges in the mining sector is timing. Underinvestment in a sector makes funding difficult and ultimately leads to delays in new discoveries and existing project development. Giga Metals idled the Turnagain Project when nickel prices were depressed and now sees demand for battery metals growing rapidly at a time when global warehouse supplies of Class 1 Nickel are dwindling. A combination of talented management, geoscientists and engineers along with the right market conditions are required to bring a world class project into production. The time to advance the Turnagain nickel-cobalt sulphide deposit is now and we have the Team to do it.

In a sentence, what do you think makes your company such a compelling investment?

Giga Metals’ Turnagain Project is a world class nickel-cobalt sulphide deposit, one of the largest undeveloped resources of Class 1 Nickel & Cobalt essential to power the electric vehicle revolution. The project is located in mining friendly British Columbia and can provide an ethically sourced, long life supply of nickel and cobalt to the battery metals sector.