Panoramic Resources Ltd

Vision, Commitment, Results

Operations

Operations

The Lanfranchi Operations and associated Tramways Tenements (the Lanfranchi Project) are located 42 kilometres south of Kambalda, Western Australia.  


Panoramic acquired a 75% interest in the Lanfranchi Project from BHP Billiton Nickel West (formerly WMC Resources) in June 2004 and in May 2009 purchased the remaining 25% from it’s joint venture partner in the project, Brilliant Mining Corp.

Significant milestones have been achieved by Lanfranchi in the last twelve months including reaching one million tonnes of ore mined and 25,000 tonnes contained nickel delivered to the Kambalda Concentrator since the project was purchased in 2004.

As at 30 June 2009, the Lanfranchi Project has a proven and probable Reserve of 2.8 million tonnes at 2.53% nickel for 71,500 tonnes contained nickel.  Based on the current mine production schedule, the Lanfranchi Project has a mine life of at least seven years. However, based on the significant resource base, the recent exploration success, the prospectivity of the tenements and subject to favourable economics, Panoramic is confident the Lanfranchi Project could be operating for at least the next ten years.  

 Lanfranchi Project Operating Statistics - click to view

Current Reserve - Lanfranchi

2.8 Mt @ 2.53% for 71,500t Ni

Production y/e June 09 - Lanfranchi

405,770t of ore for 10,690t Ni