Western Yilgarn NL (ASX: WYX) is making significant progress at its wholly-owned, recently renamed Julimar West Project (ELA 70/5111), located adjacent to Chalice Mining’s (ASX: CHN) Julimar Project, which contains the 3Mt NiEq Gonneville Resource.
Western Yilgarn has stated that it is encouraged by continuous ongoing successful exploration efforts experienced by its neighbour Chalice Mining Ltd, following confirmation of the major northern extension of the Gonneville Intrusion.
The Gonneville Intrusion is located less than 2.5km east of the Julimar West Project tenement border, with the Chalice interpreted fault running into the Julimar West Project area.
Peter Lewis, Chairman of Western Yilgarn commented: “Julimar West targets probably the most exciting new battery metals discovery zone in the world, namely the 3Mt NiEQ Chalice Mining Gonneville Discovery.
Despite the long delay in DMIRS processing our application, we are expecting the grant of our EL 70/5111 application to be completed soon after the removal of an FNA from our application area, by the end of June 2023. The grant of our application will enable Western Yilgarn to immediately commence a staged exploration program targeting several exciting opportunities in a world class mineralized zone recently established by Chalice Mining.”
To find out more, please visit www.westernyilgarn.com.au
