Cassini Resources and its joint-venture partner Oz Minerals have announced the results of a scoping study for the West Musgrave nickel-copper-cobalt project in Western Australia. Highlights of the announcement include the following. - Annual throughput - 10 Mtpa. - Average LOM nickel production - 20,000 to 25,000 tpa. - Average LOM copper production - 20,000 to 25,000 tpa. - Life of mine C1 cost payable nickel - US$2.00 [...]
Cassini Resources has provided an update to the market regarding on-going activities at the West Musgrave Nickel-Copper Project (WMP). Work to be completed this year includes: - Metallurgical test work, transport logistics, energy and water study - underway; - Resource extension drilling - April; - Process plant design & resource modelling - 2Q17 - Mine optimisation - 3Q17; and - Updated study results - 4Q17. The [...]
The Sophisticated Investor caught up with Cassini Resources Managing Director, Richard Bevan to discuss the current progress of the company. Topics discussed included: The importance of the cobalt credit for the Nebo Babel and the potential for further cobalt discoveries in the West Musgrave region; rilling that is planned for the coming quarter; and
Cassini Resources is developing the bulk tonnage West Musgrave Nickel-Copper Project which consists of three deposits; the Nebo-Babel deposits (203.1Mt at 0.41% Ni, 0.42% Cu, 1.31% Cu eq.) and the Succoth deposit (156Mt at 0.6% Cu). Cassini recently announced OZ Minerals will earn up to a 70% interest in the WMP by solely funding a minimum of $36m on development and exploration that will see Cassini free carried through [...]
Cassini Resources has executed a binding Heads of Agreement with leading Australian resources company OZ Minerals to fast track the development of their West Musgrave Project (WMP). Key highlights of the transaction include: - OZ Minerals can earn up to a 70% interest in the WMP by sole funding a minimum of $36m on development and exploration; - Cassini is free carried through the completion of a DFS and a decision to [...]
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