Operations

Sweden

Norrland Exploration Joint Venture  
In September 2008, Panoramic entered into a joint venture with Norrland Resources Ltd to explore for nickel sulphide mineralisation in the Vasterbotten Nickel-Copper-Cobalt-Platinum Group Metals district, Sweden.  Norrland is owned by the Mitchell River Group, who were instrumental in the establishment of the nickel sulphide companies Panoramic Resources, Albidon and Mirabela Nickel.
Norrland has secured over 1,000 square kilometres of exploration licences within the Vasterbotten District surrounding areas of historical nickel sulphide mineralisation and advanced nickel sulphide projects held by other mining groups (Blackstone Ventures Inc, Lundin Mining). 
Vasterbotten is geologically similar to the East Kimberley in Western Australia which contains Panoramic’s Savannah Project and the Thompson Nickel Belt in Canada which contains over 2 million tonnes of nickel metal. Vasterbotten is an excellent environment for airborne electromagnetic (EM) geophysical surveys which was utilised as a first pass exploration tool with drill targets being defined using a combination of EM surveys, aeromagnetic data, and the distribution of nickel sulphide occurrences in boulders.

Field validation and the application of other geophysical techniques (principally gravity) has resulted in the generation of 14 targets of interest. A program of follow-up geophysics involving a combination of ground EM, magnetics and gravity is underway on 10 of the 14 targets of interest in order to define drill targets ahead of the 2009/10 Northern Hemisphere winter.