In 2016, geological exploration under the Company’s Australia licences focused on the Honeymoon Well nickel project (Wedgetail, Hannibals, Harrier, Corella and Harakka Fields) and prospective Albion Downs North and Albion Downs South Areas. In 2016, the geological exercise at the Honeymoon Well Project identified a sulphide nickel mineralisation on the flanks and in the deep horizons of the Wedgetail Field. The Company also completed a research project aimed at determining the talc content in ores mined at the Hannibals Field and assessing its impact on the processes. The appraisal of the West Jordan site’s resources (the Albion Downs North Area) was completed, too.
Honeymoon Well includes fields hosting disseminated nickel sulphide ores (Hannibals, Harrier, Corella and Harakka) and deposits of solid and vein ores (Wedgetail Field).
Honeymoon Well highlights
|Mineral resource base|
|Measured and indicated resources of nickel sulphide ores (disseminated, solid and vein), mt of ore||173 (average nickel content — 0.68%)|