"They're drilling for both gold and lithium there, and there is a chance that nickel is discovered too. In the 1980s a number of companies were exploring for nickel and they got some decent results." Too right Lemand, Forrestania contains two of the highest grade operating nickel mines on the planet. 1. Flying Fox with ore reserves of 750,000 tonnes @ 3.9% Ni 2. Spotted Quoll with ore reserves of 1.7 million tonnes @ 4% Ni
Definitely huge potential for anyone willing to put the time and effort into exploring Forrestania.
The area has served up some amazing deposits of Nickel, Gold and now Lithium.
MZN Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held