Operations

The Savannah Project is located 240 kilometres south of Kununurra in the East Kimberley region of Western Australia and consists of a nickel sulphide orebody, underground mine, process plant and associated infrastructure.

At 30 June 2009, the Savannah Project Mineral Resource (Upper & Lower Zones) stood at 6.05 million tonnes at 1.53% nickel, 0.81% copper and 0.08% cobalt for 92,800 tonnes contained nickel, 48,800 tonnes contained copper and 4,800 tonnes contained cobalt.

The reported ore Reserve (Upper Zone Only) as at 30 June 2009 was 2.2 million tonnes at 1.26% nickel, 0.61% copper, 0.06% cobalt for 27,200 tonnes contained nickel, 13,200 tonnes contained copper and 1,400 tonnes contained cobalt. Based on the current mine production schedule, the resource inventory, the exploration success to date and favourable economics, Panoramic believes that the Project could support a mine life in excess of ten years from 2009.

Since commissioning in August 2004, the Savannah Project has produced over 3.3 million tonnes at 1.2% nickel for 38,700 tonnes contained nickel.

 

Savannah Project Operating Statistics - click to view