Manitoba exploration and development highlights

摘要

Surging metal prices driven by sustained high demand continued to stimulate exploration spending in Manitoba in 2006. Company spending intentions for the year are estimated at 48.8 million dollars, up from the preliminary estimate of 43.4 million dollars spent in 2005. Historic highs in nickel prices, coupled with Manitoba's proven world-class nickel deposits, generated new exploration activity and spurred new development and expansion plans for existing facilities in the province.