For thousands of other reports visit RSC's Mineral Intellingence Map
Panoramic Resources Ltd.
Summary
| Project: | Savannah | |
|---|---|---|
| Deposit: | Savannah North, Copernicus | |
| Location: | Australia | |
| Commodities: | Nickel-Copper-Cobalt | |
| Date: | 9/30/2016 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-9-2016: Panoramic Resources Ltd. announces a Resource Estimation report for its Savannah North, Copernicus deposit at the Savannah project. Annual statement of mineral resources and ore reserves. Panoramic Resources Limited (ASX Code: PAN) is pleased t | |
| Resources: | (Reserve, Total): 1.56Mt @ 1.16% Ni, 0.84% Cu, 0.05% Co at Savannah | |
| CP/QP: | [Resources]: Paul Hetherington (Internal) | |
| ABSTRACT: | Panoramic Resources Limited (ASX Code: PAN) is pleased to announce the Group’s Mineral Resources and Ore Reserves Statement at 30 June 2016. The Group nickel Resources at 30 June 2016 do not include 65,500 tonnes of nickel contained added to the Savannah North Resource from the August 2016 Resource upgrade (refer ASX announcement dated 24 August 2016). With the inclusion of the Resource upgrade at Savannah North, Group nickel Resources at 30 September 2016 are 321,800 tonnes contained nickel. At Savannah, Ore Reserves as at 30 June 2016 are 1.56 million tonnes at 1.16% Ni, 0.74% Cu and 0.06% Co for 18,100 tonnes contained nickel, 11,500 tonnes contained copper and 900 tonnes contained cobalt. Savannah Ore Reserves declined by 23,500 tonnes nickel between FY2015 and FY2016 due to mining depletion at Savannah and Copernicus (-11,400 tonnes), exclusion of Savannah Sub-900 Fault Resources from the Ore Reserve due to economic factors (-10,800 tonnes), and other changes (-1,300 tonnes). Mineral Resources at Savannah (including Copernicus and Savannah North) at 30 June 2016 are 10.5 million tonnes at 1.53% Ni, 0.79% Cu and 0.10% Co for 160,900 tonnes contained nickel, 83,200 tonnes contained copper and 10,400 tonnes contained cobalt. This is an increase of contained nickel in Mineral Resources of 32,000 tonnes between FY2015 and FY2016 due to additions at Savannah North (+54,400 tonnes), partly offset by mining depletion at Savannah and Copernicus (-11,400 tonnes), sterilisation and other changes (-10,900 tonnes). | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report