Parabellum Resources’ Promising Nickel-Cobalt Prospect

Parabellum Resources Ltd. (AU:PBL) has released an update.

Parabellum Resources Limited has identified a significant nickel-cobalt Exploration Target at the Miandetta-Redlands Prospects, with estimated tonnages ranging from 10 to 17 million tonnes at grades of up to 0.9% nickel and 0.05% cobalt. The prospects, which are advantageously positioned near infrastructure such as solar grid power, a highway, railway, and the regional center of Nyngan, are now set for systematic metallurgical test work and drilling to further define the resource potential.

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