Venture Minerals Ltd share price was up over 20% today after announcing that Chalice Gold Mines Ltd would be earning into the South West project to test for Julimar-style nickel-copper-PGE sulphide mineralisation.
Chalice has of course one of the leadign explorers on the ASX this year and their participation in Venture’s South West project, south of Perth, Western Australia, is a boon for the latter.
By spending $3.7 million Chalice can earn 70% of the project from Venture. Venture was trading at 4c/share today.
Hear about Chalice’s progress at the www.australiannickelconference.com