Stonehenge Metals Limited is a Perth-based exploration company which is listed on the Australian Stock Exchange (ASX).
The Company's projects are located in Tasmania and Indonesia.
The Mandiodo Nickel Laterite project is located in Indonesia,
the company has an initial conceptual exploration target for the deposit of 40-60
Mt @ 1.2 to 1.4% nickel based on the grades, widths and extents of existing drilling results.
The Tasmanian projects are located within the well mineralized North Western
Mining Region. Each project has been subject to previous prospecting and some exploration activity
which has assisted in enhancing their prospectivity.
The Directors believe that the Company's projects all have significant resource
potential. Stonehenge Metal's primary objective is to actively grow shareholder value by successfully
exploiting the Company's Tenements.
|