Silver Swan has some some spectacular nickel sulphides at depth - some areas run up to 20% Ni with millerite replacing pentlandite the grades are that high - the issue is the depth of most of the remaining mineralisation and ground conditions there which pretty much sterilise the deep resources - not extractable at any price. Be wary of any "plan" that includes them.
However there are opportunities for remnant mining in the upper levels and a fresh set of expert eyes may well turn up some decent new resources at shallower depths .
Disclaimer - I worked UG at Silver Swan in 2005-2006 when nickel was about $50,000/t. Helped to define some very profitable ore shoots missed by MPI
Ann: Caeneus Minerals acquires rights to mine at Silver Swan, page-14
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