OZ Minerals has progressed its joint venture with local explorer Cassini Resources at the West Musgrave nickel-copper project after positive results in a further scoping study.

Stage two of the farm-in agreement allows OZ Minerals to earn a 51 per cent stake in West Musgrave, which is located south of Jameson, with an investment of $19 million.

In a joint statement, the companies announced the project would move to a pre-feasibility study after a study examining scale options indicated the viability of a large, low-cost mine.

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