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Chalice gets noticed
for Julimar

Chalice Gold Mines Ltd intersected 19m
@ 2.6% nickel, 1% copper, 8.4 g/t palla-
dium and 1.1 g/t platinum from 48m at Juli-
mar, 70km north-east of Perth.
The result was delivered from the first
RC drill hole into Julimar and saw the com-
pany’s share price reach an almost 12-
mont high of 30c/share.
In addition to drilling at Julimar, Chalice
has three rigs going at Pyramid Hill in Ben-
digo, Victoria.
The company has $23 million in cash
and investments.

Azure continues

discovery strike rate
Azure Minerals Ltd has made another
discovery at the Alacrán project in Mexico.
A programme of detailed mapping, sur-
face geochemical sampling and a ground
EM survey carried out over a gossan and
the area of the VTEM anomaly in early
2020 identified faults and shearing and
strong alteration within and around the
gossan, and sampling returned weakly
anomalous copper grades.
The company followed-up with four
angled RC drill holes to test both the EM
anomaly and beneath the gossan.
Both holes intersected wide zones of Azure has made another copper discovery at Alacrán, Mexico
breccia and strongly altered volcanic
rocks containing significant visual quanti- spectivity of this exciting project and the South Wales.
ties of disseminated chalcopyrite (cop- technical skills of our exploration team,” Az- Results from KDD007, 100m south from
per sulphide) mineralisation, returning ure’s managing director Tony Rovira said. the zone of gold copper mineralisation de-
the following 30m @ 0.68% copper from fined in holes KSDD003 and KSDD005,
22.5m (including 6m @ 2.3%) and 18m @ indicate a substantial improvement in
0.96% copper from 21m (including 1.5m More Boda results on grade and width of the porphyry minerali-
@ 7.03%). sation to the south, including a high-grade
“With this discovery of the buried cop- the way gold-copper chalcopyrite central zone
per mineralisation at Gregors, we are con- Alkane Resources Ltd announced fur- with intercepts of 1,167m @ 0.55 g/t gold,
tinuing to identify high-value precious and ther significant high-grade gold-copper 0.25% copper from 75m (including 512m
base metals targets, reinforcing the pro-
mineralisation at its Boda prospect in New @ 1 g/t gold, 0.44% copper from 688m,

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