CHN 3.40% $1.07 chalice mining limited

I have just checked out Chalice's ground holding in their...

  1. 1,206 Posts.
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    I have just checked out Chalice's ground holding in their broader Julimar area north-east of Perth. They have a total of 17 exploration licences or licence applications for approx. 2,123km2 of ground in total.

    Overall, there appear to be 5 or 6 additional compelling targets that have a similar magnetic signature to Julimar and/or have mapped ultramafic rocks.

    A major discovery at Julimar plus huge regional potential!

    https://hotcopper.com.au/data/attachments/2097/2097435-856920345cacaf594774dc22b38cdede.jpg

    2. Mt Observation - discrete magnetic high with about 4km strike. Located ~50km SSE of Julimar.
    https://hotcopper.com.au/data/attachments/2097/2097454-24a90f302a748c264d54d36c35eb6683.jpg

    3 Clackline - discrete somewhat linear magnetic anomaly striking for ~23km to the NW starting at Clackline. Magnetic signature very similar to Gonneville Intrusive (host of Julimar). Located ~20km SE of Julimar. Looks like Chalice controls +80% of the strike length.
    https://hotcopper.com.au/data/attachments/2097/2097476-415dfda0114b76fcedc4d2c371dc07fc.jpg

    4 Windmill Hill mapped ultramafic and circular magnetic feature approx. 2km in diameter. Located about 25km ESE of Julimar.
    https://hotcopper.com.au/data/attachments/2097/2097496-031c5fc5656586316039f29cbcf29833.jpg

    5 Julimar North - circular magnetic feature in the Gonneville Intrusive with 1-2km diameter. Located 12km NE of Julimar. In general all of the strike length of the Gonneville Intrusive may be prospective.
    https://hotcopper.com.au/data/attachments/2097/2097508-3045d5727c2e0ffd5e95e93a8cd0db3f.jpg


    6 Cachionalgo Hill - complex magnetic anomaly around 2.5km diameter. Located 25km NNE
    https://hotcopper.com.au/data/attachments/2097/2097521-08f28d9768f8787a084e6b416b3b6a4a.jpg










 
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