Chalice Mining says it has identified a major new area of interest at its globally significant Julimar exploration area north east of Perth that could be similar to its first big discovery at Gonneville.
The discovery takes to five the number of significant areas of known or potential mineralisation Chalice has identified along and near a 26-kilometre strike line.
The new area has been named Flinders (to go with other major areas of interest including Hartog, Gonneville, Janz and Torres). Flinders is almost adjacent to the area of interest at Torres and in Wednesday’s statement Chalice said:“Airborne electromagnetic (EM) in this area has identified a strong, late-time EM anomaly coincident with a ~1.8km x 1.2km discrete, lens-shaped magnetic feature at the Flinders target, located approximately 25km NE of Gonneville and ~3km NW of Torres.
CHN Price at posting:
$7.48 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)