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Parabellum Confirms Shallow High-Grade Nickel-Cobalt at Miandetta
12:52pm on Friday 23rd of January, 2026 AEDT
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Mining
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Parabellum Confirms Shallow High-Grade Nickel-Cobalt at Miandetta
12:52pm on Friday 23rd of January, 2026 AEDT
Key Points
Phase 3 drilling confirms continuity of high-grade nickel-cobalt mineralisation near surface
Significant intercepts include up to 0.92% nickel and 0.06% cobalt within top 50m
Mineralisation predominantly in saprolite, favourable for acid leach processing
Company holds $1.12 million cash with strict cost controls
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Parabellum Resources (ASX:PBL)
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