Total contained metal in Mineral Resources at the Savannah Project stand at 209,800t Ni, 94,200t Cu and 13,700t Co contained metal, at grades of 1.56% Ni, 0.70% Cu and 0.10% Co
Savannah North contributes contained metal in Mineral Resources of 170,400t Ni, 71,100t Cu and 11,600t Co, broadly in line with the previous estimate, at grades of 1.55% Ni, 0.65% Cu and 0.11% Co
112 new infill grade control holes (23,481m) were drilled into the Savannah North (Upper Zone) MRE, more than double the previous drilling density and increases the geometric confidence of the Savannah North ore body
More than 70% of the Savannah North Mineral Resource Estimate now classified as Measured & Indicated
The Savannah North Mineral Resource remains open to the east, west and down dip to the north
There is now greater than three times more nickel in Mineral Resources at Savannah than when mining first commenced in 2003
Panoramic Resources Limited is pleased to report an updated Mineral Resource Estimate (MRE) for the Savannah Project. The MRE will form the basis of a new Life of Mine Plan and Ore Reserve for the Savannah Project that are currently being developed and expected to be completed in approximately July 2020.
