Impact: Positive
Chalice Gold Mines reported assays from two diamond drill holes and five RC holes which have intercepted a new PGE-Cu-Au sulphide zone and a large PGE disseminated sulphide zone at Julimar in Western Australia. We see a lot of similarities between Julimar and the Kevitsa deposit in Finland. If we are right, and we think we are, Julimar is shaping up to be a significant new PGE-Cu-Au discovery.