Date: Jun 19, 2018

Map of the region showing the two parts of the Flinders River Project (shown in orange) east of Hughenden and north of Julia Creek.

 Map of the region showing the two parts of the Flinders River Project (shown in orange) east of Hughenden and north of Julia Creek.

Australian minerals explorer Chalice Gold Mines Ltd 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, one of which is in North West Queensland.

The company has successfully applied for a suite of exploration licences in the Richmond region, known as the Flinders River Vanadium Project and also in the Julimar region, located just outside of Perth, giving it a highly prospective entry point into the battery metals exploration space with easily accessible exploration targets.

The Flinders River Vanadium Project is located in two sections 250-400 km east of Mount Isa and is strategically located within close proximity to the Flinders Highway and Northern Railway that connects to the port of Townsville.

The region is highly prospective for sedimentary-hosted vanadium mineralisation, with globally significant vanadium resources already reported by Intermin Resources and Multicom Resources.

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