Chalice Mining Limited (ASX:CHN)

Alex Dorsch
Market Cap (AUD): 1.41B
Sector: Materials
Last Trade (AUD): 3.7 +0 (+0%)
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1. About

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.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk