There is also Gold down at Mt Jewell and there has been drilling there, guess people need to read....
"The Mt Jewell project is located 65km north of Kalgoorlie and 20km along strike to the northwest of the Silver Swan and Black Swan nickel deposits (approximately 185,000t Ni – production and resources). The project contains a 20km strike length of a komatiite sequence which is highly prospective for nickel. This group of tenements is owned 80% by Panoramic and 20% by Western Areas NL. The project also contains tenements over an area of granite to the west of the komatiite belt, which is prospective for gold. These tenements are owned 100% by Panoramic."
20km strike length, ie they have drilled there and found nickel just another area for future exploration...
" There has been significant previous exploration for nickel on the Mt Jewell tenements since the late 1960’s. Three main prospects were identified during historic exploration – Ringlock, GSP and Mt Jewell. Despite the exploration history in this belt, 70% of drill holes are less than 70m deep"
Near surface results! Open pit mines possible, plus alot of potential for massive resource upgrades...
Can't see anything wrong with those areas for the future resource increases if they can plan on doing some sort of a deal with PAN...
POS Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
(20min delay)