Forrestania / Mt Holland Projects, Western Australia
The Forrestania Nickel Project (100% Hannans) is located 120km south of Southern Cross and 80km east of Hyden in Western Australia.
The southern portion of the Project is adjacent to Western Areas Limited's Flying Fox high grade nickel sulphide mine, and the northern portion adjoins the world class Earl Grey lithium deposit owned by Covalent Lithium. A new lithium mine and concentrator is being developed close to the Mt Holland Lithium Project by Covalent Lithium.
Located to the south of the project area is Western Areas Ltd's Cosmic Boy nickel concentrator, which can process 600,000 tonnes per annum of ore, with the potential to expand to 1,000,000 tonnes per annum.
The Forrestania Gold Project (20% Hannans) contains a 311,050 ounce gold resource. Hannans is free-carried until a decision to mine has been made by the project operator.
There is significant supporting infrastructure in the Forrestania-Mt Holland project area, with good road access and an existing electricity network primarily due to present and past mining operations.
For more information please refer to ASX releases by Hannans.