Broad Investments Announces New Nickel Tenement Acquisition Ahead of Pangaea Floatadmin
Broad Investments advised that its mining exploration subsidiary, Pangaea Metals, has entered an agreement to acquire a second tenement within its Cardiff Castle project area, which is immediately to the south of Widgiemooltha in the Eastern Goldfields of WA. The ultramafic rocks that flank the Widgiemooltha Dome are highly prospective for nickel mineralisation and host numerous past and present nickel sulphide mines. Pangaea previously purchased the granted prospecting licence PL 15/4722, which is situated within Pangaea’s new acquisition and which contains the dormant Cardiff Castle open-pit gold mine. The new tenement contains both strike extensions to the open-pit gold mineralisation and an ultramafic unit that is prospective for nickel sulphide mineralisation.
Original Announcement: New Nickel Tenement Acquisition Ahead of Pangaea Float