Mt Finnerty Nickel JV Project
Mt Finnerty Nickel JV
Country Australia 
Province Western australia
Status GREEN EXPLORATION 
Latitude / Longitude 27 S 45 / 115 E 10
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Last updated on 2/3/2010 - Terms of Use
Risk and valuation analysis of the Mt Finnerty Nickel JV Project
Status Risk : Green exploration
Country Risk : Very Low
Title(s) of the Mt Finnerty Nickel JV Project
Western Areas NL
Option on interest: 65%
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WSA earning 65% of nickel rights from Reed Resources
Breakaway Resources
Joint venture: 60%
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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
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.
 
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.
 
Geology of the Mt Finnerty Nickel JV Project
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.
 
Location
Data last updated on : 6/30/2007
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