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nIcKeL PReVIeW

Julimar fills the cup for Chalice

halice Gold Mines Ltd is a key figure in “The market is giving points for good Lougher’s comments at the recent Pay-
Ca memorable time for modern explora- exploration and discoveries. That’s been dirt Unlocked luncheon were echoed by
tion. a very long time coming and this year it fellow panellist and IGO Ltd chief operat-
Though it is only at the beginning of po- has been very good. The market is giving ing officer Matt Dusci.
tentially unlocking a brand new mineral reward to junior explorers and that is bril- “I think as an industry there has been
province at its Julimar discovery, north of liant. We have been waiting for that for a an under investment in exploration and I
Perth, leading industry figures are getting long time,” Western Areas Ltd managing agree with Dan that you are being reward-
behind Chalice and the wider junior sector. director Dan Lougher said. ed for discoveries and belt-scale success
and that has to be continuously done to
drive the supply chain,” Dusci said.
Chalice has some way to go before
Julimar can be considered as a source
of PGE-nickel-copper-cobalt material.
However, the company has successfully
brought attention to an area of Western
Australia that has remained largely un-
touched by the mining sector.
“There is potentially an entire new nickel
province there now defined – the West
Yilgarn nickel-copper-PGE province – the
entire western margin of the Yilgarn craton
is prospective for those metals,” Chalice

With cash and investments totalling about
$54 million, Chalice is well funded to test the
potential of Julimar

Feasibility Studies | Engineering and Procurement
Construction and Commissioning
Project Management | Consulting Services

Perth +61 8 6272 6000 | Brisbane +61 7 3838 8000
www.gres.com.au

Page 86 OCTOBeR 2020 aUSTRaLIa’S PaYDIRT