64 Hole Development Drilling Campaign In Solomon Islands
Pacific Nickel Mines Limited (ASX:PNM) has commenced drilling at the company’s Kolosori Nickel Project on Isabel Island in the Solomon Islands.
CEO, Geoff Hiller, said the initial development drilling programme at Kolosori Direct Shipping Ore (DSO) Nickel Project has a planned 64 holes designed to infill the current Mineral Resource area to increase the JORC resource confidence level, test for possible extensions as well as provide representative samples for metallurgical testing.
At the same time, metallurgical test work will be undertaken at the ALS laboratories in Brisbane to confirm previous historical information that the Kolosori material is a high quality DSO product. This information will also be used for marketing of the DSO products
A bathymetric marine survey completed for the proposed Kolosori DSO shipping port location near to the Kolosori Mineral Resource, with results validating the proposed location is suitable as a loading point for trans- shipping barges to carry DSO product to a nearby ship mooring location for export.
Port design and throughput studies will be now be undertaken to be included in the Mining Lease application process
“We are excited by the progressive phase made so far on developing the Kolosori Nickel DSO mining project and the incredible support shown towards this national project by the local Kolosori communities, the Provincial Government of Isabel and the National Government,” Mr Hiller said.
“The drilling programme and these engineering studies are part and parcel of the development of the Kolosori Project and we remain on track to apply for the necessary Mining and Environment licences within the next couple of months.”
