Goldbrook Venture Inc has announced that the company is ready to exploit the known resources of the Nunavik Nickel Project in Ungava in northern Quebec.
This statement came after the Directors of Jien Canada Mining Ltd approved a project development budget of $122 million for 2010. The mine is jointly owned by Goldbrook Venture and Jien Canada.
They have also approved a construction program which includes commissioned start up of a mill and other infrastructure for the first quarter of 2012.
The Nunavik project is in Raglan District of Northern Quebec where Swiss mining giant Xstrata also operates one of the world's most profitable nickel copper mines.
With the second project beginning in the district Nunavik should see hundreds of new jobs generated within the next 16 to 18 months. The shell of the mine is expected to be in place by the end of September. The property was formerly owned by Canadian Royalties and has seen no activity in the last two years.