Chalice Mining Limited (ASX: CHN) has now received the final outstanding approvals to conduct planned low-impact exploration drilling at the Hartog-Dampier targets within its 100%-owned word class, Julimar Nickel-Copper-Platinum Group Element (PGE) Project in Western Australia.
Importantly, Chalice’s drilling will not involve any mechanised clearing of vegetation and strict environmental management measures will be used to minimise impact to the environment, including the use of low-impact, small footprint diamond rigs and comprehensive flora, fauna and cultural heritage monitoring. These small drill rigs will navigate around trees and maximise the use of existing cleared areas in order to keep disturbance to a minimum.
Drilling is expected to commence shortly at the high-priority targets at Hartog and Dampier, located to the north of the globally significant Gonneville PGE-Ni-Cu-Co-Au Deposit. A total of 70 drill sites are planned over the ~10km of Julimar Complex strike length.
The drill programme is designed to provide an initial test of the potential for green metals, including nickel, copper, cobalt, platinum and palladium, in the area.
These metals are very rare, and are critical for decarbonising the global economy and addressing climate change through technologies such as renewables, electric vehicles, energy storage systems and green hydrogen.
Chalice is in a strong financial position with ~A$54.5 million in cash as at March 31, 2022.
For further information please visit: https://www.chalicemining.com/
