Historic drilling and geological study of radio hill ni cu deposit, page-14

Not  really  news,  just  a  reminder.....
From  the  announce  on  the  29th  Jan,  seeking  to  confirm  Nickel/Copper/Cobalt;

• 81 hole (9,000 metre) RC drill programme planned to design open pit to a vertical depth
• of 70 metres.
•   Radio Hill remains principally unmined from a depth of 70 metres to near surface.
• Outcrop position (Test Pit) is only 400 metres from Radio Hill Plant.
• Fully approved Mining Lease with Heritage Agreements and Aboriginal Surveys in place.
• Programme of Works approved yesterday from the DMIRS.
• Drill rig is booked for 10 January 2018.

From  the announce  on  the  5th  Jan;
“The board is working diligently to upgrade all of the Company’s Nickel, Cobalt, Copper,
Paladium, Platinum, Rhodium, Zinc and Gold Resources to JORC 2012 compliant status,
a considerable and lengthy task considering the number of deposits that exist within our
extensive portfolio surrounding our Radio Hill processing plant south of Karratha in the
Western Pilbara Region, Western Australia.”
This work is underway to prepare for production from a number of our mining assets
when the Radio Hill processing plant is re-commissioned around the middle of the year.
With commodity prices now at recent highs (Nickel: ~AUD $15,000/t, Copper:
~AUD $9,000/t and Cobalt: ~AUD $100,000/t), we plan to have the open pit resourced,
designed and costed well in advance of the Radio Hill Plant’s recommissioning in June
2018. In addition, our engineers responsible for bringing the Radio Hill plant back to life,
have been requested to fast track plans to increase the plant’s processing capacity to over
1 million tonnes per annum.”