Keith knows... Like nowhere else Despite the sell-off, PGE...

Keith knows...

Like nowhere else
Despite the sell-off, PGE expert Keith Goode, a well known Australian resources expert and geologist who runs analysis firm Eagle Research Advisory, said Julimar still boasts palladium numbers in its deep drilling that “don’t exist anywhere else”.

He’s a strong advocate for the idea that Gonneville’s best development prospect is underground, where Chalice could selectively mine higher grade portions of its 1.9km long, 800m deep resource.

“They’ll definitely go underground,” he suggested.

“I’ve seen some of that drill core on the underground and you’ve got grades that are like 40g/t of palladium out there, those kind of numbers don’t exist anywhere outside of WA.

“I’ve never seen those kind of numbers ever, in any other PGE orebody in the world.”

He said the 23% sell-off yesterday was a “kneejerk reaction”, with the $1.6-2.3 billion capex bill hardly unusual for a project of its size and processing method in WA.