Kalia Nickel Project

The 2013 reverse circulation (“RC”) drilling programme of 42,000 metres and 23,000 assays to prove-up the iron ore JORC Probable Reserve in the highest-grade surface iron ore areas originally identified a nickel concentration in the laterite cap at Kalia hill. The data from that drilling programme was re-analysed in 2015, enabling Bellzone to declare a maiden nickel JORC Resource in October 2015, estimated by CSA Global Pty Ltd. See the maiden nickel JORC Resource announcement.

The maiden nickel JORC Resource was reported under the JORC Code 2012 which requires publication of JORC Table 1 to provide explanations as to how the JORC Resource has been compiled. See JORC Table 1 document.

In August 2016, Bellzone published the results of technical studies undertaken on the Kalia Nickel Project. See the Update on Ferronickel Study Results announcement.