Page 79 - pd309-Oct22-mag-web-Neat

Golden Mile, the company has already
defined an initial resource of 576,000t @
3.9% nickel for 22,600t for the LN04a ore-
body along strike from Long.
Walker said with the deposit close to the
new underground infrastructure linking the
two mature mines, exploration would focus
on expanding LN04a.
“We are seeing that now and it won’t take
much to rejig the mining plan and start min-
ing it,” he said.
At Cassini, the exploration team is eager
to restart drilling after hitting pause follow-
ing the DFS.
“Cassini North is really exciting and there
are other targets in the upper zone,” Walker
said. “We will get a rig in there and drill out
Cassini North which could result in another
step-change.
“In 12 months’ time we should have a
good idea about both Golden Mile and
Cassini North and be pushing hard to ad-
vance both projects. Outside of those we “We are busy but opportunities never come “We have had several funds come into
are beginning to think about the broader at the right time for you. the share register on the back of our first
exploration piece. There is no shortage of “We are constantly looking at battery sustainability report,” he said. “We have
exploration targets and there is plenty of life minerals projects as that clean energy the- always had a strong reputation for sustain-
at both operations yet.” matic is really resonating with investors.” ability but this report puts us on the radar of
The full development schedule suggests Enthusiasm for clean energy metals these funds and articulates our plans. This
Mincor has its hands full but Walker didn’t extends to new quarters. Walker said the is authentic sustainability, not greenwash-
rule out inorganic developments. company was fielding interest from OEMs ing.
“Mincor 2.0 is about growth, both organ- eager to secure supply of “clean” nickel “It is a simple, clean story in so many ways.”
ic and inorganic, and want to make this a while major international funds were at- – Dominic Piper
company which rides the cycles,” he said. tracted to Mincor’s strong ESG credentials.

Need help growing your

resources business?

At Morgans we have over 35 years’ experience in helping
resource companies make the most of opportunities and
chart the right course to reach their next milestone.
With experience and a depth of knowledge over a broad
range of commodities and environments Morgans West
Perth off ers a range of services including:

• IPOs • M&A
• Capital raising • Corporate advisory
• Asset acquisitions and • Full service stockbroking
divestments
Contact us today on: morgans.com.au
(08) 6160 8700 westperth@morgans.com.au

Kalium Lakes Panoramic Resources Ltd Siren Gold Stavely Minerals
Placement & Entitlement Off er Lead Manager & Underwriter Initial Public Off er Lead Manager
Lead Manager & Underwriter Placement & Entitlement Lead Manager & Underwriter Placements
Off ers Share Purchase Plan
Sept & Dec 2019 Oct 2019
A$61m June 2020 A$150.9m June 2020 A$10m Current A$47.3m July 2020
Morgans Financial Limited ABN 49 010 669 726 AFSL 235410 A Participant of ASX Group A Professional Partner of the
Financial Planning Association of Australia Please visit www.morgans.com.au to understand the products and services.

aUSTRaLIa’S PaYDIRT OCTOBeR 2022 Page 79