Panoramic Resources Limited (ASX:PAN) is a base metal mining and exploration company headquartered in Perth, Western Australia with a 20 year history of mining and expertise in nickel, copper and cobalt sulphide projects.
Panoramic’s 100% owned high quality, long life Savannah underground nickel sulphide mine and processing plant is located in the East Kimberley region of Western Australia.
Panoramic successfully commissioned and operated the Project from 2004 until 2016 before the mine was placed on care and maintenance. Following the discovery of the Savannah North orebody, the mine was recommissioned in 2018 before operations were temporarily suspended in 2020.
Panoramic has completed an updated Mine Plan for Savannah which has outlined an attractive near-term nickel sulphide mine restart opportunity. Following the completion of a ventilation shaft for the Savannah North deposit, additional underground capital development and ancillary works, the Board of Panoramic approved the restart of Savannah in April 2021 with a target of first concentrate shipment by the end of 2021.
Panoramic’s evolving strategy is well positioned and leveraged toward the shift and growth in battery metals.