Mt Finnerty Nickel JV Project |
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Mt Finnerty Nickel JV |
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Country |
Australia
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Province |
Western australia |
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Status |
GREEN EXPLORATION
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Latitude / Longitude |
27 S 45 / 115 E 10 |
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Legends
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Risk and valuation analysis of the Mt Finnerty Nickel JV Project |
Status Risk : Green exploration |
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Title(s) of the Mt Finnerty Nickel JV Project |
| Western Areas NL Option on interest: 65% |
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Title | Company Profile | All Projects | Company website | Company project page |
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WSA earning 65% of nickel rights from Reed Resources |
| Breakaway Resources Joint venture: 60% |
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Title | Company Profile | All Projects | Company website | Company project page |
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During the year, Breakaway entered into a joint venture agreement with Barranco Resources NL (“Barranco”)
to earn a 60% interest in the Mt Finnerty Nickel Project |
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Location of the Mt Finnerty Nickel JV Project |
Mt Finnerty is located 400 kilometres east-northeast of Perth, between the towns of Coolgardie and Southern Cross.
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History of the Mt Finnerty Nickel JV Project |
The belt was last explored at a reconnaissance scale in the 1970's. Evidence of geochemical anomalism was located but only limited percussion drilling took place.
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Geology of the Mt Finnerty Nickel JV Project |
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The project covers nickel prospective, high MgO
ultramafi c rocks which may represent the regional equivalent of the Lake Johnston belt to the south where
Norilsk Nickel is producing from the Emily Ann and Maggie Hays Nickel Deposits.
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Data last updated on : 6/30/2007
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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