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Chalice Mining Limited

Chalice is a globally recognised exploration specialist with a major greenfield PGE-Ni-Cu-Co-Au discovery at its Julimar Project in Western Australia. The Company is also credited with the discovery of the new West Yilgarn Ni-Cu-PGE Province in WA.

The ‘Gonneville’ discovery was made with the very first drill hole on the Project – 19m @8.4g/t palladium, 2.6% nickel, 1.0% copper and 0.1% cobalt from 48m.

The 100% owned Project covers the ~26km long, unexplored Julimar Intrusive Complex, ~70km NE of Perth. The discovery is considered Australia’s first major Palladium discovery and is fast emerging as a very large, strategic deposit of critical, ‘green metals’ in a world-class jurisdiction.

Drilling at the ~1.8km x ~0.9km Gonneville Intrusion, at the southern-end of the Julimar Complex has outlined an exceptional scale mineral system, with a range of mineralisation styles. The Company are targeting a maiden Mineral Resources at Gonneville in early Q4 2021.

Chalice’s portfolio also includes generative exploration opportunities in premier terranes across Australia, including >5,000kmPyramid Hill Gold Project in Victoria and the >1,800km2 Hawkstone Nickel-Copper-Cobalt Project in WA.

The Company is led by industry veteran and major shareholder Tim Goyder and Managing Director Alex Dorsch. The Company is well-funded, with a cash and investments balance of c. AUD$133milion (as at 31 March 2021).

ASX Code
CHN

Sector
Materials

Website
https://chalicemining.com/

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