Projects & Operations

WAITE KAURI NORTH, WA – 100% OWNED – NICKEL LATERITE

The Waite Kauri North project lies in the Western Australian goldfields north of Kalgoorlie. Proto Resources owns the granted mining lease (M37/1189) 100%.

A JORC compliant Inferred Mineral Resource of 3.9Mt at 1.04% Ni and 0.04% Co, (representing 40,541 tonnes of contained nickel and 1,448 tonnes of contained cobalt) has previously been estimated for the project using a 0.7% Ni cut-off grade.

  Waite Kauri Inferred JORC Resource and Nickel Intersections

Waite Kauri North is located immediately to the north of GME Resources’ Waite Kauri lateritic nickel-cobalt project (see Figure 7 below) and approximately 20km from Minara’s Murrin Murrin nickel operation near Leonora in Western Australia. It is also adjacent to Poseidon Nickel Ltd’s Waite Kauri lateritic nickel-cobalt project.

The Waite Kauri North project was previously owned by NiWest Ltd (“NiWest”) prior to Warwick Resources Ltd. NiWest completed a reverse circulation (“RC”) drilling programme over the project area in 2001 which included 24 drill holes. Based on its exploration, NiWest identified the mineralisation as siliceous and limonitic. Erosion has resulted in local discontinuities, but mineralisation does extend across the 3km strike length of the host unit.