OAKDALE COMPLETES ACQUISITION OF CROWN PGE-NICKEL- COPPER PROJECT NEIGHBOURING JULIMAR DISCOVERY IN YILGARN, WA
● The Crown PGE-Nickel-Copper Project is located circa 8km from Chalice Gold Mines (ASX: CHN) Julimar Complex and is contiguous with Chalice tenure that incorporates the growing discovery.
● Crown comprises a 93km² exploration license underlain by an extensive network of magnetic structures similar to those that host the nearby Julimar Ni-Cu-PGE discovery.
● The tenement area located only 60-70km northeast of Perth, has been demonstrated by Chalice Gold Mines (ASX: CHN) to be an entirely new PGE-Nickel-Copper province
with the potential for multiple Julimar analogues and extensions.
● With shareholder approval received, Oakdale has completed the acquisition of the Crown Project from Australian Precious Minerals Pty Ltd and will now move to
permitting and access to the tenement for start of the exploration activity.
Nearology, but is it on-trend?
Maybe a quick bag or 2 regardless of outcome.
Not held. 12 month chart.