Panoramic ups the resource at Savannah
PERTH (miningweekly.com) – Nickel miner Panoramic Resources has lifted the resource of its Savannah project, in Western Australia, by 54 400 t.
In August, Panoramic announced an interim resource estimate of 3.15-million tonnes, grading 1.75% nickel for 55 200 t of nickel; however, by the end of September, this resource had increased to 6.88-million tonnes, at 1.59% nickel for 109 400 t of contained nickel.
Thirty-eight underground drill holes have now been completed at Savannah North, which formed the basis of the resource upgrade. The drill holes covered some 75% of the planned maiden resource test area.
Panoramic said this week that the discovery of the Savannah North prospect highlighted both the prospectivity of the North Olivine Gabbro and the potential to find other sources of mineralistion at the Savannah project.
Further, a concentrate offtake agreement with China’s Jinchuan Group would continue until 2020, which Panoramic said would provide a proven route to market for Savannah concentrates.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation