Chalice flags expansion of Julimar’s high grade zone

Chalice Gold Mines has highlighted the continued growth of its Gonneville intrusion within the Julimar nickel-copper-PGE project in Western Australia.

Chalice managing director Alex Dorsch said the company had continued to see a very large area and the scale of the Gonneville intrusion, along with significant growth potential beyond the limits of the current resource drilling.

A high grade PGE-gold oxide zone has extended to the north of Gonneville and into the Julimar State Forest.

Drill intersections include 36.6 metres at 2.7 grams per tonne of palladium, 0.6 grams per tonne of platinum and 0.1 grams per tonne of gold from 0 metres.

“The Gonneville (PGE-nickel-copper-cobalt-gold) discovery continues to grow on multiple fronts, with another round of exceptional drill results extending the known high grade zones, defining new zones and further reinforcing the numerous growth opportunities across the project,” Dorsch said.

“… We have also recently intersected some of the widest, highest grade oxide mineralisation at this southern end of the (Gonneville) intrusion.”

A footwall contact zone has been extended, with two new high grade zones defined.

According to Dorsch, this would provide a major target position going forward.

“… This is a large, multi-faceted mineralised complex which continues to surprise on the upside,” he said.

“With five rigs drilling, we are on track to meet the mid-2021 guidance for a maiden mineral resource for Gonneville and continue to prioritise the growth of the high grade mineralised zones with step-out drilling.”

Chalice has completed 27 diamond drill holes and 116 reverse circulation drill holes at Julimar to date.

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