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Coates Nickel Copper-PGE Project, Western Australia

The Coates Ni-Cu-PGE Project (75-85% CHR) is located approximately 65 km east of Perth at Wundowie, Western Australia. The Project benefits from its proximity to world-class road, rail, port and high-voltage power infrastructure. A network of sealed roads provides excellent all-weather access directly to the Coates Project.

SkyTem conductor results for Coates Project.

It sits within the Jimperding Metamorphic Belt, a major geological domain which also hosts the world class Julimar – Gonneville Ni-Cu-PGE Project owned by Chalice Mining Ltd (ASX: CHN) which contains a JORC Mineral Resource3 of 560Mt @ 0.54% NiEq (or 1.7g/t PdEq) and is located just 28km from Coates.

A diamond drilling program was completed to test geophysical targets. Each of the four completed holes intersected basalt intruded by dolerites and higher magnesian peridotites of the Coates Mafic Intrusion