NICKEL PROJECTS BY PANEX PEOPLE

PanEx team members have played important roles in the discovery of a number of nickel deposits. Mainly these have been associated with ultra-basic rocks within Greenstone belts. However the Zebediela and other discoveries are new types which are related to the Bushveld Igneous Complex. This style of nickel mineralisation has significant potential but has received little attention in the past. Team members continue to look for these and other types of deposits on behalf of PanEx Resources.

Shangani nickel mine, Zimbabwe PanEx mines
Shangani Nickel Mine, Zimbabwe
The Shangani nickel deposit was discovered using geochem soil sampling in 1970. Mike Scott from PanEx was a member of the exploration team which made the discovery. An open pit mine was established, operated at first by JCI and latterly by Anglo American. The mine is now closed.
Zebediela nickel project, South Africa PanEx mines
Zebediela Nickel Project
Both Anton Esterhuizen and Mike Scott from PanEx Resources worked on the development of the Zebediela Nickel Project. This is a new discovery where drilling has demonstrated over 500M tons of resource amenable to open pit mining. The project is owned by URU Metals, a London listed Junior. A preliminary economic assessment returned positive figures and a definitive feasibility study is planned. Also on the property is a copper-nickel-platinum project where preliminary drilling has shown resource grade rock over substantial widths.