Chalice Mining Limited has provided an update on the exploration activities its 100%-owned Julimar Nickel-Copper-Platinum Group Element (PGE) Project, located around 70 km north-east of Perth in Western Australia.
From the initial diamond drilling at the greenfield Dampier Target, the Company obtaied new visual results from preliminary diamond drilling at the greenfield Dampier Target, which is situated approx. 10km north of the Gonneville Deposit, at the Julimar Ni-Cu-PGE Project in WA.
Approximate 15 metres to 80 metres wide zone of disseminated sulphides (avg. 1-3% sulphide), with locally rich matrix sulphides (up to 20-30% sulphide), intersected in ultramafic-mafic intrusive rocks (pyroxenite, lesser gabbro/peridotite) in three wide-spaced holes (HD009, 010 & HD013).
The zone has been intersected across a strike length of around 350 metres and over ~250 metres of dip extent and remains open in all directions. The drilling will continue to test for strike as well as dip extensions under current approvals.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
