PERTH (miningweekly.com) – Dual listed gold developer Chalice Gold Mines has extended its reach into the battery metals market, acquiring two vanadium/nickel exploration projects in Queensland and Western Australia.
The company told shareholders that it had successfully applied for a suite of exploration licences in the Richmond region, of central Queensland, and the Julimar region, in Western Australia.
The Flinders River vanadium project, in Queensland, includes nine licence applications around Intermin Resources’ Richmond vanadium project, with the Julimar nickel/vanadium project, in Western Australia, consists of two licence applications.
“The adding of these exciting new vanadium/nickel projects to Chalices’ exploration portfolio provides a low cost and highly prospective entry point for the company with significant exposure to strengthening vanadium and nickel markets,” said Chalice CEO Alex Dorsch.
“We look forward to securing the grant of the tenements and getting our field crews on the ground as quickly as possible to commence exploration. Both projects are exceptionally well located with regard to infrastructure and access, and we are confident that, if we are successful in defining areas of significant mineralisation, we will be in a great position to advance these projects rapidly and effectively.”