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Chalice Gold Mines Ltd.

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Summary

Project:

Julimar

Deposit:Julimar
Location:Australia
Commodities:Copper-Nickel-Cobalt-Palladium-Platinum
Date:5/11/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:11-5-2020: Chalice Gold Mines Ltd. announces an Exploration/Drilling Update report for its Julimar deposit at the Julimar project. Drilling results incl. 137m @ 0.57g/t Pd, 0.14g/t Pt, 0.14% Ni, 0.1% Cu, 0.02% Co from 58m. Chalice Gold Mines Limited (“Cha
Resources:x
CP/QP:[Overall Report]: Kevin Frost (Internal)
ABSTRACT:Chalice Gold Mines Limited (“Chalice” or “the Company”, ASX: CHN | OTCQB: CGMLF) is pleased to report significant new results from exploration drilling and recently compiled historical geochemical sampling results at its 100%-owned Julimar Nickel-Copper-PGE Project in Western Australia. Chalice’s Managing Director, Alex Dorsch, said: “Wide-spaced RC drilling at Gonneville continues to deliver impressive PGE intersections. These new wide zones, along with the previously reported zones that have been encountered in every hole drilled to date, point to a large-scale discovery at Gonneville and highlight the prospectivity of this fertile mafic-ultramafic complex.” “Meanwhile, recent compilation of limited historical surface sampling results has highlighted significant areas of anomalous nickel, copper and palladium approximately 7-10km north-east of the Gonneville NiCu-PGE discovery, within the ~26km long Julimar Intrusive Complex. This is exciting and suggests more widespread mineralisation associated with the complex, and hints at the magnitude of the exploration opportunity in front of us.

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