Significant recent discoveries in the region have supported AVL’s expansion of exploration for nickel, base metals, gold and PGEs at the Coates Project.
Australian Vanadium receives grant support to drill Coates Nickel-Copper-PGE-Gold Project
The Coates Project near Perth is 29 kilometres southeast of the nickel-copper-platinum group elements-gold discoveries by Chalice Mining and in a similar geological setting. Under the co-funded drilling program, the company will drill 11 holes across the intrusion.
Australian Vanadium Ltd’s (ASX:AVL) (OTCMKTS:ATVVF) (FRA:JT71) has succeeded in its application for Round 23 of the Government of Western Australia’s Exploration Incentive Scheme (EIS) which will fund up to $112,500 of drilling at Coates Project during the 2021/22 financial year.
The drilling program is designed to test for nickel-copper-platinum group elements-gold mineralisation at Coates, which is southeast of Chalice Mining’s Julimar discovery and just 35 kilometres from Perth.