Independence Group managing director Peter Bradford says news that multimillionaire prospector Mark Creasy has made a new nickel discovery north of the Nova nickel mine has validated his belief in the potential of the Fraser Range in the Goldfields to become a major mining district.
Mr Bradford told delegates at the Diggers and Dealers mining forum in Kalgoorlie-Boulder yesterday that IGO was looking to find “multiple Novas” across 15,000sqkm of exploration tenure around the new operations, spending millions on exploration.
Mr Creasy, who is now a major shareholder of IGO after its $1.8 billion takeover of Nova founder Sirius Resources, revealed his “Silver Knight” nickel-copper find in a public mineralisation report last month after his company Great Southern Nickel applied for a new mining lease.
“We’re really excited by the fact it’s the second project on the Fraser Range and it really validates that strategy from us to consolidate the Fraser Range and invest in that exploration,” Mr Bradford told media at the conference.
“I think it’s bleedingly obvious that Nova is the closest significant infrastructure and it would be great to have a future opportunity to leverage that infrastructure at Creasy’s find. No public company has made a major find in the Fraser Range since Sirius struck Nova under cover east of Norseman in 2012.
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