Cavalier Resources Limited announced the addition of the Maleta Creek Nickel-Cobalt Project to its prospective Leonora portfolio. Covering an area of 51.2km2, the Company is the sole applicant of the lease, which is situated immediately south of the historic Waite Kauri Nickel-Cobalt Project area and immediately west of Glencore's Murrin Murrin nickel cobalt operation. An initial desktop review has highlighted numerous nickel sulphide, nickel laterite and gold targets, along with near surface nickel occurrences that remain largely untested by drilling.

Open file data sourced from the Department of Mines, Industry Regulation and Safety indicates the presence of substantial strike length of ultramafic volcanics, prospective for nickel mineralisation, within the Maleta Creek Nickel Project application area. The tenement area is covered by recent alluvial cover which would mask any laterite formed by weathering of these units. Previous exploration for nickel, cobalt and PGE's across the application area was carried out by ASX listed companies Eagle Eye Metals Limited and Celsius Resources Limite.

Eagle Eye Metals reported a surface anomaly of approximately 400m x 100m averaging 250ppm Ni at the "Kaikoura" prospect, which is mapped to fall within E39/2378. Celsius' exploration efforts focussed on the potential for nickel sulphide mineralisation, completing a high-resolution aeromagnetic survey 3, a ground EM survey 4 and a ground gravity survey 5. Two areas of interest were defined - the "Corkscrew Target" and the "Central Target" in addition to the existing "Kaikoura Target" - however, no drilling was ever carried out. The Company is currently compiling data from all historical exploration with the aim of integrating the geochemical, geophysical and drilling data into a single dataset to enable work programmes to be designed for immediate implementation once the tenement application is granted.