Date:May 28, 2018
Chalice Gold Mines Limited announced that it has embarked onan exciting new growth opportunity in the battery metals exploration sector after securing two well-located and highly prospective Australian vanadium-nickel exploration projects.The Company has successfully applied for a suite of Exploration Licences in the Richmond region of central Queensland and in the Julimar region, located just outside of Perth in Western Australia, giving it a highly prospective entry point into the battery metals exploration space with easily accessible exploration targets.
The Projects will provide Chalice with exposure to the growing demand for battery metals, such as vanadium and nickel, as well as copper, Platinum Group Elements and titanium, opening up a new exploration and growth pathway alongside its existing gold portfolio in the world-class Abitibi Province in Canada, the Tennant Creek region of the Northern Territory and the Bendigo region of Victoria.
The Flinders River Vanadium Project
The Flinders River Vanadium Project is located in central Queensland, approximately 250km east of Mt Isa and 380km west of Townsville. The project is strategically located within close proximity to the Flinders Highway and Great Northern Railway that connects to the port of Townsville.
