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InvestorTV spoke to a number of exhibitors operating in diverse parts of Australia, including Allegiance Mining N.L. executive chairman Tony Howland-Rose.
“Production should start in the first quarter of next year and this unique nickel deposit on the west coast of Tasmania looks as if it’s going to prove out to be much bigger in time than it is now,” Mr Howland-Rose says.
“That’s surprising to all. I guess that we’ll produce one of the world’s best concentrates available on the market anywhere.
“… Better than 22 per cent nickel and completely, just nickel, nothing else but nickel, just nickel. And that’s rather unusual but that’s Tasmania. You’ve got a lot of unusual great economic deposits in Tasmania.
Thev price of nickel has soared since the body was discovered and that makes for happy shareholders.
“When we first found this just under10 years ago, the nickel price was just under $5,500 a tonne,” Mr Howland-Rose says. “So the $30,000 we’ve got now on the market, 31, $32,000, is absolutely wonderful.”
Northern Territory focused Arafura Resources have staked their claim in the rare-earths market.
“It’s a very exciting time for the company. The main elements of our business really are rare earths,” said general manager, strategic development and exploration, Richard Brescianini.
“Rare earths is a funny sort of a market, not exactly mainstream. A main challenge of ours is to get the market to understand rare earths as a commodity, very large growth markets in rare earths and the main reason for that is that the rare earths are used in applications that are futuristic.
“Whereas, actually the future is now because many of the applications are for things like mobile phones, phosphors in screens, powerful permanent magnets which go into electric motors, so there’s large growth anticipated in the hybrid car market, there’s those sorts of things, Mr Brescianini says.
“There’s also applications in greenhouse gas abatement type applications, so whilst we talk about resources for the future, in fact we’re seeing growth in those markets today.”
Based in Queensland but operating in NSW and now in Laos, Hill End Gold is exploring opportunities at home and abroad, as managing director Philip Bruce explains.
“We’ve been exploring at Hill End for a number of years,” he says. “The project there has moved along to the point where we’re now about to move into bulk sampling of the high grade zone we call Paxtons.
“The grades there are running quite high at about 48 grams a tonne and the small plant we’ve put in, about five tonnes an hour gravity plant, that’ll be able to handle capacity of about 50 to 100,000 ounces a year at the grades we think we might be able to get out of Paxtons, around about three ounces a tonne.
“Additionally we spoke of Lak Sao, which is in Laos and that’s a project which is the mineralised belt, called the Trung Song Belt which is where the giant Oxiana Sepon project is located and we’re just waiting for the approval to come through there and we expect them to come through sometime in the next month or so and when they do come though we’ll get into field work straight away,” Mr Bruce says.
“We’ve already identified a number of prospect areas that are open and readily accessible and previous prospectors have identified that they’re quite prospective for gold and base metals.”
“Production should start in the first quarter of next year and this unique nickel deposit on the west coast of Tasmania looks as if it’s going to prove out to be much bigger in time than it is now,” Mr Howland-Rose says.
“That’s surprising to all. I guess that we’ll produce one of the world’s best concentrates available on the market anywhere.
“… Better than 22 per cent nickel and completely, just nickel, nothing else but nickel, just nickel. And that’s rather unusual but that’s Tasmania. You’ve got a lot of unusual great economic deposits in Tasmania.
Thev price of nickel has soared since the body was discovered and that makes for happy shareholders.
“When we first found this just under10 years ago, the nickel price was just under $5,500 a tonne,” Mr Howland-Rose says. “So the $30,000 we’ve got now on the market, 31, $32,000, is absolutely wonderful.”
Northern Territory focused Arafura Resources have staked their claim in the rare-earths market.
“It’s a very exciting time for the company. The main elements of our business really are rare earths,” said general manager, strategic development and exploration, Richard Brescianini.
“Rare earths is a funny sort of a market, not exactly mainstream. A main challenge of ours is to get the market to understand rare earths as a commodity, very large growth markets in rare earths and the main reason for that is that the rare earths are used in applications that are futuristic.
“Whereas, actually the future is now because many of the applications are for things like mobile phones, phosphors in screens, powerful permanent magnets which go into electric motors, so there’s large growth anticipated in the hybrid car market, there’s those sorts of things, Mr Brescianini says.
“There’s also applications in greenhouse gas abatement type applications, so whilst we talk about resources for the future, in fact we’re seeing growth in those markets today.”
Based in Queensland but operating in NSW and now in Laos, Hill End Gold is exploring opportunities at home and abroad, as managing director Philip Bruce explains.
“We’ve been exploring at Hill End for a number of years,” he says. “The project there has moved along to the point where we’re now about to move into bulk sampling of the high grade zone we call Paxtons.
“The grades there are running quite high at about 48 grams a tonne and the small plant we’ve put in, about five tonnes an hour gravity plant, that’ll be able to handle capacity of about 50 to 100,000 ounces a year at the grades we think we might be able to get out of Paxtons, around about three ounces a tonne.
“Additionally we spoke of Lak Sao, which is in Laos and that’s a project which is the mineralised belt, called the Trung Song Belt which is where the giant Oxiana Sepon project is located and we’re just waiting for the approval to come through there and we expect them to come through sometime in the next month or so and when they do come though we’ll get into field work straight away,” Mr Bruce says.
“We’ve already identified a number of prospect areas that are open and readily accessible and previous prospectors have identified that they’re quite prospective for gold and base metals.”
