Panoramic Resources Limited is a base metal exploration and development company established in 2001.
The Company operated continuously for twelve years between 2004-2016 and has produced over 180,000 tonnes of nickel sulphide, 60,500 tonnes copper and 4,900 tonnes cobalt from its Savannah Nickel Project and Lanfranchi Nickel Project (prior to being sold to Black Mountain Metals LLC) in Western Australia.
The Company’s flagship Savannah underground nickel sulphide mine and processing plant is located in the East Kimberley region of Western Australia. The Savannah Nickel Project is a significant Australian sulphide orebody with a total Resource of 218,300 tonnes nickel, 99,100 tonnes copper and 14,900 tonnes cobalt. There is excellent potential to build our resource and mine life extension through further exploration success at Savannah North and the regional area.
The October 2017 Feasibility Study for Savannah confirmed an +8 year mine life, low re-start cost, short lead time to production and a high leverage to the nickel price. The re-start of the Project is well underway with the Company targeting first shipment of Savannah nickel concentrate to China Q1 2019.
In addition, Panoramic has a significant PGM Resource base in Australia and Canada.
Panoramic Resources is an S&P/All Ordinaries public company, listed on the Australian Securities Exchange (ASX:PAN).