Oakdale Resources Ltd (ASX:OAR) has finalised the acquisition of a project that is in proximity to the recent high-grade Julimar nickel-palladium discovery of Chalice Gold Mines Limited (ASX:CHN).
Executive chairman Chris Gale tells Proactive that the “transformative” Crown project acquisition is in a new PGE-nickel-copper-gold province just 60-70 kilometres from Perth.
He is particularly encouraged that Crown has similar structures to that of Julimar where one hole returned a 180-metre intersection that was still mineralised at the end of the hole.
“This is rich ground and we expect there will be multiple targets to uncover,” he said.