Forrestania completes estimates
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Tuesday, 18 October, 2005 - 22:00
Minerals explorer Forrestania Gold completed resource estimates at its Maggie Hays nickel deposit in Western Australia. Forrestania said the total inferred and indicated res-ource had been estimated at 17.8 million tones at 0.9 per cent nickel and 0.03 per cent cobalt. The deposit lay on tenements held by the Lake Johnston joint venture involving Forrestania, and an Australian subsidiary of South African mining group Gencor. Cu-rrently the Maggie Hays operation is run by LionOre Australia, a subsidiary of Canadian-based LionOre International.