Chalice Mining has made important progress in drilling at the Julimar project, 75 kilometers north of Perth. The 4 mine sections that have been discovered have expanded in scale and 4 new sections have been discovered.
The latest drilling found that the two ore sections G1 and G2 are connected in the deep, with a length of more than 690 meters along the strike, extending down to 490 meters, and there is no penetration along the strike to the north and deep.
The mining situation in the G1 and G2 sections is as follows:
39 meters in the depth of 290 meters, palladium grade 3.8 g/ton, platinum 0.6 g/ton, nickel 0.3%, copper 0.2%, cobalt 0.02%, including 2 meters thick, palladium grade 14.9 g/ton, platinum 0.02 G/ton, nickel 0.04%, copper 0.2% and cobalt 0.04% mineralization, and 4.5 meters thick, palladium grade 7.1 g/ton, platinum 1.4 g/ton, nickel 0.9%, copper 0.5% and cobalt 0.06% mineralization化.
The length of 　　G3 mine along the strike has exceeded 465 meters, and it extends 280 meters along the inclination. It has no penetration to the north and deep along the strike.
G4 mine section drilled at a depth of 139.8 meters and found 34.5 meters of ore, palladium grade 2.8 g/ton, platinum 0.7 g/ton, gold 0.4 g/ton, nickel 0.2%, copper 1.9%, and cobalt 0.02%.
G8, G9, G10 and G11 are all newly discovered high-grade ore sections.
G8 mine section has a length of more than 350 meters along the strike and 250 meters along the dip, and G9 has a length of 350 meters along the strike and 200 meters along the dip.
These two mine sections are both found on the hanging wall of G1-G5, and there is potential for expansion in all directions.
G10 drilling saw 18 meters at a depth of 121 meters, with palladium grades of 4.6 g/t, platinum 0.5% g/t, nickel 0.4%, copper 0.1% and cobalt 0.03%. The length along the strike is more than 400 meters, and it extends up to 300 meters along the trend. Meters, there is no penetration to the north and deep.
The G11 section was found in the hanging wall drilling of the G4 section. It was found to be more than 1,000 meters long along the strike, and extend up to 300 meters along the dip, and there was no penetration in the north or deep along the dip.
G11 section of the mine drilled to see the situation:
◎ 11 meters in the depth of 78 meters, palladium grade 13 g/ton, platinum 1.3 g/ton, gold 0.3 g/ton, nickel 0.1%, copper 0.1% and cobalt 0.01%, including 1 meter thick, palladium grade 118g/ton, platinum 8g/ton, gold 2.7g/ton, nickel 0.2% and copper 0.1% mineralization,
◎ At a depth of 91 meters, the mine is 17 meters, palladium grade 4.1 g/ton, platinum 0.8 g/ton, gold 0.4 g/ton, nickel 0.5%, copper 0.3%, and cobalt 0.03%.
Gonneville (Gonneville) intruder is 1.6 kilometers long and 800 meters wide.
The company reported the results of 64 drill holes this time and saw mineralization 260 times, of which 188 saw high-grade ore bodies.
The analysis of the other 45 drilled samples has not yet been completed.
Charles recently received a permit from the government to conduct investigations in the Hulimar National Forest Park, and work is currently underway.
The company stated that if all the previously delineated airborne electromagnetic anomalies can be confirmed as deposits, then the status of the Hulimar world-class copper-nickel mine can basically be determined.