Julimar Nickel-Vanadium Project

The Opportunity

The Julimar Project is prospective for both magmatic-style Nickel-Copper-Platinum Group Elements and intrusion related Iron-Vanadium-Titanium mineralisation within an interpreted large (26 x 7km) layered mafic-ultramafic complex.

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Figure 1. Julimar Project location map.

LOCATION

The Julimar Nickel-Vanadium project is located only 80km north-east of Perth, with excellent access via the Great Northern Highway and established infrastructure nearby (Figure 1).

GEOLOGY AND MINERALISATION

A review of limited historical exploration, along with interpretation of existing geophysical datasets, supports the interpretation of a prospective mafic-ultramafic intrusive geological setting (Figure 2).

Figure 2. Priority Target Areas within Igneous Complex.

The Company expects the applications to be granted in Q3 2018, after which it plans to carry out field work  including ground magnetic, gravity and electromagnetic geophysics to define drill targets.

ACQUISITION TERMS

The Julimar Nickel Project is 100% owned by Chalice.