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PRECIOUS METALS (US $)
Gold
1386.23
23.43
Silver
22.51
0.30
Platinum
1458.00
-2.50
Palladium
734.90
-7.35
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3
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CURRENCIES (€)
AUS $
1.3310
CAN $
1.3339
US $
1.2889
GBP (£)
0.8551
Sw Fr
1.2441
YEN
130.6990
CURRENCIES ($)
AUS $
1.0333
CAN $
1.0346
Euro
0.7760
GBP (£)
0.6635
Sw Fr
0.9657
YEN
101.3730
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Gold / Silver
61.58
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14.43
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11.04
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honeymoon Well Project
honeymoon Well
Country
Australia
Status
FEASIBILITY
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Risk and valuation analysis of the honeymoon Well Project
Status Risk : Feasibility
Country Risk : Very Low
Resource Risk : 0.00%
In situ value
20,234,447,000 $
Title(s) of the honeymoon Well Project
Norilsk Nickel
Owner: 80%
Title
Company Profile
All Projects
Company website
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OM Group Inc 20%. On March 1 2007, MMC Norilsk Nickel acquired a 20% share in MPI Nickel Pty Ltd, the 100% holder of the Black Swan operation and Honeymoon Well project, as part of OM Group’s nickel business acquisition. LionOre was the holder of the 80% stake in MPI.
Location of the honeymoon Well Project
40km north of WMC’s Mt. Keith nickel operations.
History of the honeymoon Well Project
Disseminated sulfides were first discovered at what is now Honeymoon Well in 1970. The resource has passed through CRA, Outukumpu and later MPI Nickel, which was acquired by LionOre in 2004.
Geology of the honeymoon Well Project
The greenstone has been metamorphosed to greenschist facies metamorphic mineral assemblages which are dominated by serpentine or, less commonly, talc-carbonate. Faulting and shearing of the greenstone, including the nickel deposits, has produced elon
more...
Reserves and resources of the honeymoon Well Project
Tonnage
Grade
Reserves and resources
Nickel
Nickel
%
lbs
Proven and Probable
124,400,000
0.65
1 782 657 852
Mesured and Indicated
49,100,000
0.76
822 676 978
Inferred
11,900,000
0.68
178 398 063
Total
185 400 000
2 783 732 892
Definitions
Reserves and resources of the honeymoon Well Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven and Probable
Mesured and Indicated
Inferred
Nickel
2 783 732 892
1 782 657 852
822 676 978
178 398 063
lbs
US$
Exploration and drilling
7/8/2005
commences diamond drilling at Referendum Property Nelson, Br...
Data last updated on : 12/31/2008
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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