Cavalier Resources owns or has the right to acquire controlling interests in Tenements in Western Australia, collectively known as the Leonora Gold Project, Hidden Jewel Gold Project, and Ella’s Rock Nickel-Gold Project. These projects are prospective for gold and nickel mineralisation.
This attractive package of gold and nickel assets provides the full specturm of a near-mine ready gold JORC Resource through to exciting greenfield opportunities to target.
Potential near-term cash flow
A 117,800oz gold JORC resource, that is close to several mills, potentially allows Cavalier the ability to advance to a mining operation once feasibility studies are complete. Should this occur, Cavalier may be able to self-fund future exploration with limited dilution to shareholders in the medium term.
Gold and Nickel focussed
Inflation fears and international conflicts have driven gold prices to historically elevated levels. Similarly, nickel prices have recently set new all-time highs driven by elevated demand associated with decarbonisation and electrification.
Three highly prospective tenement packages in proven gold and nickel areas, with nearby mills, enable the opportunity for near-term production and long-term value creation through exploration and drilling.