Samples from the Denise, Gratien, Grey Cat, and Team gold zones were tested by gravity, flotation and leaching.
The best intersection was 373 metres grading 0.25% nickel.
The Metals Company took legal action against activists who disrupted a research expedition when they boarded its vessel in the remote Pacific.
The first drawdown will be for C$2.75 million, and is expected to close within the next two weeks.
The independent report highlights a 3 million tonnes per annum operation with a payback period of 2.9 years.
Sugar-coated gold nanoparticles have proven to be effective in destroying bacteria-generated scaffolding.
Resources at Lulo mine in Angola increased to 228,000 carats as of December 31, up from 153,870 carats the previous year.
