I have just checked out Chalice's ground holding in their broader Julimar area north-east of Perth. They have a total of 17 exploration licences or licence applications for approx. 2,123km2 of ground in total.
Overall, there appear to be 5 or 6 additional compelling targets that have a similar magnetic signature to Julimar and/or have mapped ultramafic rocks.
A major discovery at Julimar plus huge regional potential!
2. Mt Observation - discrete magnetic high with about 4km strike. Located ~50km SSE of Julimar.
3 Clackline - discrete somewhat linear magnetic anomaly striking for ~23km to the NW starting at Clackline. Magnetic signature very similar to Gonneville Intrusive (host of Julimar). Located ~20km SE of Julimar. Looks like Chalice controls +80% of the strike length.
4 Windmill Hill mapped ultramafic and circular magnetic feature approx. 2km in diameter. Located about 25km ESE of Julimar.
5 Julimar North - circular magnetic feature in the Gonneville Intrusive with 1-2km diameter. Located 12km NE of Julimar. In general all of the strike length of the Gonneville Intrusive may be prospective.
6 Cachionalgo Hill - complex magnetic anomaly around 2.5km diameter. Located 25km NNE
Numerous additional targets and huge ground position
Add CHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.57 |
Change
-0.015(0.95%) |
Mkt cap ! $610.7M | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.65 | $1.56 | $6.776M | 4.246M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10448 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 11713 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |