Julimar Nth
The Julimar Nth project is located 120km north of Perth. Julimar Nth is prospective for hosting Ni-Cu-PGE Gonneville styles of mineralisation within ultramafic rocks of the Julimar Ultramafic Complex.
Tambourah and the Chilean lithium producer Sociedad Quimica y Minera de Chile S.A. (SQM) (NYSE: SQM) have recently entered into an agreement providing SQM with the rights to earn-in across six of Tambourah’s Julimar Nth projects in Western Australia.
SQM has been granted the right to earn an initial 50% interest (and can earn a maximum of 70%) in all mineral rights at Julimar Nth project by sole funding a minimum of A$1.5m and up to $3m of exploration and development activities.
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