Cannon Resources is a Western Australia-based nickel exploration and development company owned by Kinterra Capital. Kinterra Capital is a Toronto-based private equity firm that invests in the people, ideas, critical materials, and strategic infrastructure necessary to accelerate the development of the modern economy. Cannon’s flagship asset is the Fisher East Nickel Project, widely regarded as one of Australia’s most actionable and strategically important undeveloped nickel sulphide assets. Since Kinterra’s acquisition, Cannon has significantly expanded its resource base—delivering a 250% increase in tonnage and a substantial uplift in contained nickel. The Fisher East Nickel Project offers a rare combination of high-grade, near-surface mineralisation, simple deposit geometry that supports conventional underground mining methods, and a relatively low initial capital requirement.
Cannon Resources is committed to responsibly ensuring compliance with regulations, respecting cultural heritage and prioritising environmental stewardship.
The Fisher East Nickel Project hosts the Musket, Camelwood, Cannonball and Sabre nickel sulphide deposits, with a combined JORC 2012 Mineral Resource of 20.6Mt at 2.0% Ni containing 410,700 tonnes of nickel metal. The updated 2026 Mineral Resource includes 9.5Mt at 1.9% Ni in the Indicated category and 11.1Mt at 2.1% Ni in the Inferred category, and also contains payable cobalt, and palladium credits. Mineralisation occurs as both massive and disseminated nickel sulphides across multiple high-grade deposits within the Fisher East Project area.
The Collurabbie Project contains a JORC 2012 Inferred Mineral Resource of 573,000t grading 1.63% Ni, 1.19% Cu, 0.082% Co, 1.49g/t Pd, 0.85g/t Pt at Olympia.
Through a focused exploration program, Cannon Resources intends to expand the existing nickel resource inventories as well as fully evaluate the project areas for the potential new nickel and base metal mineralisation.
Cannon Resources continues to make steady progress towards an updated technical study with value creation and de-risking activities that include;
