Yep. The Fraser Range, east of Kalgoorlie, is under-explored but packed with potential. Classic’s tenement has produced significant finds in the past two years – and it’s literally just up the road from Sirius Resources’ world class Nova and Bollinger projects. Forty kilometres, to be exact.
Yep. With gold and iron ore in the doldrums, nickel and copper are widely tipped to make the running in the resource sector. And the decision by one of Classic’s principal shareholders to inject another million dollars into the company underlines investor confidence in this forecast.
Yep. Classic’s in-house expertise has been boosted by the appointment of leading exploration consulting firm, Newexco, to analyse its existing drilling data and plan its future drilling operations. Newexco played a key role in the discovery of the nearby Nova and Bollinger deposits, so you could say they understand the geology of the region pretty well.