CHALICE MINING CONFIRMS JULIMARSTYLE MINERALISATION FOR JV THOR PROJECT ANDREW RADONJIC UPDATES US ON THE THOR PROJECT JOINT VENTURE THAT VENTURE MINERALS HAS WITH CHALICE MINING LIMITED (ASX:CHN) The EM program is part of the first stage of the JV earn-in where Chalice Mining Limited (ASX:CHN) can earn up to 70% by spending $3.7 million on exploration over 4 years.
stage is set for the drill rigs of the project to see some rocks.
What is also exciting about the company’s project is it is sitting on a new frontier that is ripe for new discoveries which have Only around one third of the total been previously neglected due to planned 42-line km MLEM program commodity pricing, funding and has been completed to date as wet market appreciation of these areas. weather has been causing delays. “Venture is extremely encouraged Andrew Radonjic, Managing by the success of the early work Director of Venture Minerals done by our JV partners Chalice Limited (ASX:VMS) shares with Mining on our South West Project,” Noel Ong, CEO of Samso what has said Andrew Radonjic, Managing been happening with the search Director of Venture Minerals for Julimar. They caught up over Limited. Rooster Talk Episode 43. “The ground EM program, though The unique nature of the drill and only one third complete, has geophysical results that were already yielded new EM anomalies generated by Venture Minerals with one sitting adjacent to a is strong evidence that fits the previously drilled hole containing Julimar style mineralisation. The significant disseminated sulphides
with elevated PGE levels. “The majority of the Thor ‘Julimar lookalike’ target that already hosts several airborne EM anomalies is yet to be tested by Chalice’s EM program and the company looks forward to results from this work and potential follow up drill testing in the near future.”
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