Ann: Chalice commences EM program on Julimar lookalike target, page-64

At first that was my way of thinking too.

But then I saw that it needed the special proprietary knowledge and experience that only Chalice has in order to interpret and target that specific kind of formation.

That's why it has taken more than a year for any Julimar nearologists to get even the foggiest notion of how to find or target anything similar, and most are still struggling without some form of JV or other financial arrangement with Chalice.

Their geologists haven't won the top awards so often for nothing.

Just because we own a paddock full of horses doesn't mean we know how to sort the thoroughbreds from the arabs, morgans or good old Aussie walers - nor how to get the best out of each one.

The Venture team has its own specialist skills, but it's not with the PGEs..

If it wasn't for the award winning Chalice Team and their proprietary knowledge, it would be the best part of a decade before VMS could even get started.

But the Chalice team have a track record of taking empty paddocks and turning them into mines in under 2 years.

If there's one lesson we must all learn from 2020 - the covid year of chaos - it's that the world can flip upside on a whim.

Get in and get it as fast as we can.


DYOR & GLTAH