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Royal Nickel Corporation

11:44 AM EST - Royal Nickel Corporation : provided an update on activities related to its Dumont Nickel Project, located in the Abitibi region of Quebec. Pre-feasibility Study ("PFS") results are expected to be released in November 2011, and a National Instrument 43-101 compliant technical report will be filed within 45 days of the release of the PFS results. The PFS plans to utilize a 50,000-tonne-per-day startup scenario with a subsequent expansion to 100,000 tpd rather than the 80,000-tpd and 100,000-tpd scenarios utilized in the September 2010 Preliminary Economic Assessment. This smaller scale startup option is expected to reduce the upfront capital required to bring the project into production. Royal Nickel Corporation shares T.RNX are trading down $0.10 at $0.77.