Breakaway to Sell Scotia, Kambalda West Nckel Projects

28th May, (miningweekly.com) – ASX-listed Breakaway Resources plans to sell its Scotia and Kambalda West nickel projects in Western Australia, to focus on exploration projects in the Leinster district, the company said on Friday.

Breakaway has appointed corporate advisory firm PCF Capital to assist it with the divestment of the two projects.

The Scotia project covers an area of about 238 km2, including about 40 km strike of the nickel sulphide bearing Scotia ultramafic, which hosts the historic Scotia mine and the Saints nickel target, as well as several near-surface nickel geochemical anomalies.

The mineralisation at the Scotia mine consisted predominantly of disseminated nickel sulphides with the production of some 14 7000 t of nickel from ore with an average grade of about 2,2% nickel by underground methods during the 1970s to a depth of about 360 m.

The Kambalda West project comprises three tenement blocks for a total combined area of 44 km2. The project encompasses a series of nickel prospective ultramafic units, which host the historic Spargoville nickel camp on the southern two mining leases. These deposits produced ?some 14 000 t of nickel between 1975 and 1993.