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Nickel X’s wholly-owned Ponton project is an early-stage nickel-copper-cobalt project located in the Albany-Fraser Range.
The project, which is 225km east-southeast of Kalgoorlie-Boulder is comprised of one exploration licence application covering a total area of 41km2.
As Nickel X is currently awaiting the granting of an exploration license, the Company does not have an immediate exploration schedule. Nonetheless, the project remains a highly prospective asset which is well located within the Albany-Fraser Belt.
The Ponton project is approximately 4km along strike from Legend Mining’s Crean prospect and is within the same prospective strata as other surrounding nickel-copper-cobalt deposits.
Ponton is 90km north-northeast of the Nova-Bollinger nickel-copper-cobalt mine, 55km north-northeast of the Silver Knight nickel-copper-cobalt deposit and 80km southwest of the Mawson nickel-copper-cobalt discovery.