Chalice Acquires Two Highly Prospective Vanadium-Nickel Projects

- May 23rd, 2018

Chalice Gold Mines has today announced that it has embarked on a new growth opportunity in the battery metals exploration sector after securing two well-located and highly prospective Australian vanadium-nickel exploration projects.

Chalice Gold Mines (TSX:CXN,ASX:CHN) has today (May 23) announced that it has embarked on a new growth opportunity in the battery metals exploration sector after securing two well-located and highly prospective Australian vanadium-nickel exploration projects.

According to the company it 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.

As quoted in the press release, chief executive officer of Chalice, Alex Dorsch said:

“The addition of these exciting new vanadium-nickel projects to Chalice’s exploration portfolio provides a low-cost and highly prospective entry point for the company with significant exposure to strengthening vanadium and nickel markets.

“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 mineralization, we will be in a great position to advance these projects rapidly and effectively.”

Click here to view the full Chalice Gold Mines (TSX:CXN,ASX:CHN) press release.

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