Chalice Mining Limited (ASX:CHN)
Chalice Mining Limited (ASX:CHN) is an exploration specialist with a portfolio of precious and base metals projects in premier terranes of Australia.
In 2020, Chalice made a globally significant, high-grade Platinum Group Element-Nickel-Copper-Cobalt-Gold discovery at the Julimar Project in Western Austalia. The 100% owned Project covers the unexplored Julimar Intrusive Complex approximately 70km NE of Perth. The discovery is considered Australia's first major PGE discovery and has established the new West Yilgarn Nickel-Copper-PGE Province, along the western margin of the Yilgarn Craton.
Chalice's portfolio also includes a number of exploration opportunities in premier terranes across Australia, including the Pyramid Hill Gold Project in Victoria and the Hawkstone Nickel-Copper-Cobalt Project in WA.
Chalice has a strong track record of value creation having generated over A$110 million from asset sales and returned over A$35 million to shareholders since 2006.
Chalice's strategy is to make tier-1 scale discoveries (>US$1 billion NPV) in new mineral provinces, which is reflected in its targeted approach, high level of exploration expenditure and the depth of its team.