The Coates Project is situated approximately 60km east of the Perth metropolitan area in the Shire of Wundowie.
AVL holds ground over the Coates Mafic Intrusive Complex.
The recent significant discovery of nickel-copper-PGE mineralisation at the Julimar Project by Chalice Gold Mines, is situated 20km NNW of AVL’s Coates tenement. The Coates Project is located in the Shire of Northam, approximately 60km east of Perth, in similar rocks to the Jimperding Metamorphic Belt.
Historic exploration at the Coates Project primarily focused on iron-titanium-vanadium. The focus of previous shallow drilling and evaluation work centred on recovery of vanadium-titano-magnetite (VTM) concentrate for use at the historical Wundowie smelter. The Coates gabbro covers a strike length of 2.3km and the strong magnetic signature is over 600m wide, striking about WNW.
AVL has applied for two new exploration licences at the Coates Project. AVL is collaborating with Lithium Australia NL (ASX: LIT) and Mercator Metals Pty Ltd (Mercator) for exploration.
The combined tenements and applications of the Coates Project now cover 111.6km2 of a southern extension of similar mafic-ultramafic rocks to the sequence that is host to the Julimar Project. The new tenement applications add 52.6km2 of area, to the east and north of the existing tenement group, covering chrome anomalism in pisolite geochemistry to the east and extending land holding north of a Pt and Pd anomaly identified from bottom of hole geochemistry drill holes reported by LIT.
AVL has an approved Programme of Works to undertake sampling and drilling within the Vacant Crown Land portion of its holding at Coates (km2) and will be commencing exploration in the summer of 2020/21.
AVL, LIT and Mercator are working together to gain statutory approvals for the remaining areas prior to commencing field work, including development of a conservation management plan and land-owner access agreements.
Field work over the remaining areas will then commence. LIT has completed early magnetic inversion modelling of available state aeromagnetic data to determine the extent of proposed soil geochemistry and geological mapping programmes.
Rapid turn-around Ni, Cu and Cr analyses of soil samples by a portable XRF will be followed by precious metals (Au, Pd and Pt) analysis by a commercial laboratory.
Resulting nickel geochemical targets will be surveyed using moving loop electromagnetic equipment (MLEM), to detect conductive rock-types, which may include nickel sulphides.
Conductive targets will then be ranked for priority to be drilled once statutory approvals are acquired.
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