Northam Resources is one of the largest tenement holders in the Northam region, which has attracted significant investor interest in the Nickel- Copper-PGE in the southwestern region of WA. The Company holds ~1,500km2 of highly prospective tenements strategically positioned in close proximity to Chalice Gold Mines Limited (ASX:CHN), the Julimar Ni-Cu- PGE Project and ~100km from Perth, Western Australia, placing it close to major infrastructure. Northam's targets have been identified prospective for Ni-Cu-PGE, with the orange area in Figure 1 below demonstrating the significance and size of Northam's tenement package relative to the listed peer companies. The Company holds significant historical data on the projects and has appointed a highly experienced geological and operational team. Following an imminent Initial Public Offering to list on the ASX, the Company aims to undertake immediate exploration/development of its comparable geological structures and broaden the Company's existing Nickel/Iron discoveries for precious metals aligned with the regional interest.
Founded date: 2017
Mentions in press and media 2
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