I was just reading interesting article from St8chhead regarding CHN (not cross promoting) so I thought I would share some of it.
Why the story so far may only be beginning for Chalice Mining’s historic Julimar discovery
Led by Dorsch and veteran chairman Tim Goyder, Chalice finally cracked the code with the stunning discovery hole at Julimar.
It wasn’t just the rich agglomeration of battery metals that had investors excited. The fact Julimar lay in farmland just 70km north of Perth in area not thought to be prospective for mineral wealth was a big part of the allure.
“In terms of a discovery it’s a new mineralisation system, part of a greenstone belt that was previously not considered prospective,” says Royce Haese, a mining analyst at Argonaut Securities.
“So it’s a huge discovery and it does give potential for other players in the vicinity to also make discoveries. I think Chalice as first movers have the advantage, but there is further potential in the region.”
Gonneville may be big, but scarily it covers just 7% of the 26km long Julimar intrusion.
Something else to think about while we are waiting for drilling results HAGWA
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