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Parabellum Narrows Loss as Nickel-Cobalt Target Advances at Miandetta

5:36pm on Tuesday 28th of July, 2026 AEST Mining
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Parabellum Narrows Loss as Nickel-Cobalt Target Advances at Miandetta

5:36pm on Tuesday 28th of July, 2026 AEST
Key Points
  • Annual loss reduced from $1.49 million to $431,624
  • Phase 3 drilling confirms shallow nickel-cobalt mineralisation at Miandetta
  • Exploration target estimated at 10-17 million tonnes grading 0.8-0.9% nickel
  • First Mineral Resource Estimate underway for Redlands-Miandetta
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