Cassini Resources Ltd (ASX:CZI) and its partner OZ Minerals Ltd (ASX:OZL) have substantially increased the joint venture (JV) landholding of their West Musgrave Project.
New tenement applications held by Cassini subsidiary Crossbow Resources Pty Ltd are to be added to the West Musgrave Project JV significantly increasing its size to over 8,000 square kilometres.
The tenements under application to be added to the JV can be seen on the map below shaded in light blue.
The JV partners are currently undertaking a pre-feasibility study (PFS) on the Nebo-Babel nickel-copper sulphide deposits in conjunction with a regional exploration program.
Cassini, who will manage exploration of the new tenements considers them prospective for nickel and copper sulphide mineralisation.
Many new tenements undrilled
Cassinis managing director Richard Bevan said: “This is an exciting development for the West Musgrave Project which demonstrates the Joint Ventures long-term commitment to the province.
“This is one of the last frontiers for greenfield exRead More – Source
