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Mincor in the right camp

incor Resources NL managing di- face,” he said. “This drill programme will Mining activities continue to progress
Mrector David Southam says the fact go out for the entire financial year. on schedule at the new Cassini under-
his exploration team keeps finding high- “I’d also like to point out because some ground mine, with Southam indicating
grade nickel next to existing infrastruc- people think that the Durkin North ore- the company was very close to the top
ture is validation the company has “only body has previously been mined, it’s of the orebody and first ore was “coming
just scratched the surface” as it prepares never been touched. Mincor actually soon”.
to restart operations in the Kambalda dis- stopped drilling it many years ago as they Mincor recently completed a $66 mil-
trict. were getting close to the border [with for- lion placement and SPP with some of the
Southam’s comments at last month’s mer Long owner IGO Ltd] and they would proceeds raised to be used on the con-
Australian Nickel Conference followed be adding value to that side…we think struction of a new camp for the Cassini
a string of impressive drill hits in the we’re a pretty good chance of extending workforce.
1.1km zone between the Long and Dur- the mine life at Durkin North.” “When we did the feasibility study, we
kin North mines, including 8.1m @ 4.2% were using a third-party standalone facil-
nickel (including 3.7m @ 6% and 1.7m @ ity in Kambalda, but what we didn’t real-
4.5%) and 2.6m @ 3.7% nickel (including ise was that COVID would go on for so
0.3m @ 8.2%). long and there would be a combination of
Those results preceded further high- a resources boom in the Goldfields and
grade nickel sulphide intersections at the camp facilities would start to run pretty
newly named Hartleys prospect, 17km tight,” Southam explained.
north-west of the developing Cassini “We’ve gone out for expressions of in-
mine. Best hits included 1.2m @ 3.5% terest [for the camp build] and we should
nickel, 1.4m @ 3% nickel and 4.5m @ get those back very shortly. We will be
3.3% nickel (including 0.6m @ 6.9%). building on already approved ground. It’s
Southam said the recent drilling suc- a really important investment for not only
cess at “Golden Mile” – the name be- our people but for our investors out there.
stowed on the largely untested trend be- We wouldn’t be putting in a camp if we
tween Long and Durkin North – had the didn’t think that we would have a mine life
added benefit of being just 100m away beyond the first five years.”
from processing facilities. – Michael Washbourne
“We’ve only just scratched the sur-
David Southam

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aUSTRaLIa’S PaYDIRT NOVeMBeR 2021 Page 35