Option agreement creates new and focused opportunity for advancing exploration.
•Option agreement signed with Mining Green Metals Limited to acquire a 100% interest in Coates and Nowthanna Hill projects
•Mining Green Metals is aiming to list on the Australian Securities Exchange (ASX) in2022
•Coates Project near Wundowie 80km NE of Perth in WA holds exploration potential for nickel, base metals, gold and platinum group elements (PGEs)
•The Coates Project covers similar mafic-ultramafic rocks sequences that host the Chalice Gold Mines’ nickel-copper-PGE Julimar project (ASX: CHN) 29 km NNW of Coates
•The Nowthanna Hill uranium project has a granted mining licence and Mineral Resource Estimate
•The Nowthanna Hill project site is located south and southeast of the Company’s Australian Vanadium Project and is contiguous with the Toro Energy Limited (ASX: TOE)Nowthanna Uranium Deposit