A desktop review undertaken by Western Yilgarn NL (ASX: WYX) has identified several exciting targets including potential for Gonneville style finds at the Julimar West Project in Western Australia
The company continues to progress activites at its 100% owned, recently renamed Julimar West Project, located adjacent to Chalice Mining’s Julimar Project which contains the three Mt NiEq Gonneville Resource.
Western Yilgarn says it continues to be encouraged by the ongoing successful exploration efforts reported by its neighbour Chalice Mining Ltd following confirmation of the major northern extension of the Gonneville Intrusion.
Chairman, Peter Lewis, said 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.
“Julimar West targets probably the most exciting new battery metals discovery zone in the world, namely the three Mt 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 mineralised zone recently established by Chalice Mining.”
Western Yilgarn has undertaken a desktop review of publicly available data including ASX releases from Chalice Mining plus WAMEX data from the Department of Mines, Industry Regulation and Safety (DMIRS) site.
Key prospective targets defined from the desktop review include: