Cassini Resources Ltd (ASX:CZI) continues to advance the Further Scoping Study (FSS) activities at the West Musgrave Project, which is located in Western Australia.
The program of work represents the first stage of the Earn-in/JV Agreement with OZ Minerals (ASX:OZL).
The key outcomes of the FSS are to increase confidence in metallurgical performance of a full range of mineralisation types within the Nebo-Babel deposits.
Delivery of the study is on schedule for delivery in Q4 2017.
Key highlights
- Comprehensive Metallurgical program approaching completion;
- Significant improvements in water supply outlook through identification of groundwater resources within the existing tenements;
- Positive energy study outcomes contemplating conventional and renewable options;
- Transport routes and options confirmed with expected cost reductions compared to prior studies; and
- Numerous resource extension targets remain untested.