Goldman Sachs lifts nickel price forecast to US$22,000/t as supply woes continue
Wondering when Focus might get Nepean up and running ??
Nepean Nickel Project (current estimated resource totaling 591,300t @ 2.2% Ni) located 25km south of Coolgardie.
Drilling results that were reported in 2008 confirmed the potential for Nepean to contain a substantial high grade and shallow resource.
Significant intersections reported were:
3m@ 12.53% Ni from 37m
1m@ 11,41% Ni from 54m
3m@ 9.93% Ni from 49m
6m@ 7.44% Ni
4m@ 6.63% Ni from 46m
6m@ 2.82% Ni from 53m
4m@ 2.76% Ni from 38m
1m@ 3.18% Ni from 59m
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