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Project : BETA HUNT NICKEL PROJECT

Mining
Exploration - Drilling
  Estimated Project Value
$ 5,000,000
Address Via
Suburb Kambalda
State WA
Council Coolgardie
Postcode 6442
Project Type Resource - Nickel
Development Type New
Status Commenced
Stage Construction
Ownership Private
Notes
Rehabilitation & Preparatory Work In Progress Contractor Named
Commence Date 6/10/2004
Completion Date 3/6/2010
Details
  • The project includes a remnant resource at the Hunt nickel mine and the developed but un-mined Beta nickel project.
  • Access to the mine is via a portal situated on the northern shoreline of Lake Lefroy, 5 km by road from the WMC nickel concentrator.
  • The Hunt deposit is accessed by a 4 km decline and has remnant blocks available for mining.
  • The Beta deposit is accessed via a 2 km decline developed from the base of the Hunt decline.
  • The Beta deposit is partially developed but is otherwise unmined and requires only pumping and rehabilitation to recommence production in the first quarter of 2004.
  • The acquisition of the project is via a sub-lease associated with agreements and rights in relation to the mining of nickel.
  • Targets within the project area that have the potential to significantly increase the resource base have been identified.
  • Toll mining and concentrate purchase agreement is with WMC.
  • The acquisition agreement is with St Ives Gold Mining Co ( subsidiary of Gold Fields Ltd).
  • Golder completed the independent technical due dilligence.
  • Barminco are undertaking rehabilitation and preparatory work.
  • Associated projects reported Mining Report this Issue Planning Secn.
 
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