Palladium Nickel Copper Potential at Coates Project
AVL to investigate nickel-copper-platinum group elements potential of Coates Project vanadium deposit
- The Coates Project vanadium deposit is located on a southern extension of the mafic-ultramafic sequence, host to the recent nickel-copper-platinum group elements (PGE) discovery at Julimar project by Chalice Gold Mines (ASX:CHN).
- AVL has an approved Programme of Work to conduct drilling at Coates Project for magnetite-hosted vanadium, with the drill plan being refined to include nickel, copper and PGE targeting.
- Coates Project is approximately 60km east of Perth in the mafic-ultramafic rocks of the Jimperding Metamorphic Belt.
- The 2019 joint venture term sheet with Ultra Power Systems Ltd (UPS) is terminated.