NEWS: Wait until new drops on the drilling results for the Melrose Project which lies near to the western margin of the YilgarnCraton, ~125 km north of Julimar and ~15 km immediately south of Chalice’s Barrabarra Project or ASX Code: CHN - $548.43MC
Melrose Project: The Project covers an area of approximately 1,507 km2 and is the largest contiguous Nickel-Copper-PGE prospective land-holding in the BarrabarraGreenstone Belt portion of the West Yilgarn Craton; and is on accessible private farmland, containing sealed road frontage where native title has been largely extinguished ready for mining.
If they are averaging 250 metres every 24 hours, we are getting very close to some results...
The company is starting to build a very good portfolio of projects (Uranium, Nickel, Copper) which will be well sort after by many others now and in the future. Investors are starting to see this as a takeover as many people have been discussing online, will be interesting to see how this plays out this week...
Have a nice day!
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