https://www.miningweekly.com

Panoramic ups the resource at Savannah

2nd October 2015

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

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.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Lilak Aluminium
Lilak Aluminium

For over 15 years, Lilak Aluminium, a trusted leader in architectural extrusion supply, has delivered excellence to businesses like yours.

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.045 0.771s - 110pq - 2rq
Subscribe Now