You mentioned CHN, What do you think about the project below...

You mentioned CHN, What do you think about the project below with TKL...

The Musgrave Project (Figure 1)

The Latitude Hill Joint Venture (Chalice earning 51%)

Chalice Gold Mines Ltd (Chalice), as Managers of the Latitude Hill Joint Venture, have reported good progress with ground electromagnetic surveys (“MLEM”) on six of the seven Spectrem airborne electromagnetic targets that were highlighted by previous surveys (Figure 2). This work is expected be completed in early August with preparations for RC drill testing (9,000 metres) to follow in late August subject to Mines Department works approval.
The joint venture with Chalice applies to 5 tenement applications covering an area of 990.5 square kilometres, situated 40 kilometres south of Wingellina . The Spectrem targets are interpreted to be conductors derived from the presence of massive sulphide bodies and, in this area of the highly prospective Giles mafic and ultramafic intrusives, may represent the presence of orthomagmatic nickel-copper-PGE sulphide deposits. The conductors are between 50-160 metres below surface and vary in length from several hundred metres to 2 kilometres.


DYOR