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ASX CHN: A$1.02 4.64% |


Chalice is a unique, well-funded exploration specialist with a track record of exceptional value creation in the mining industry. 

Chalice has a proven ability to opportunistically acquire assets, to add value with targeted exploration, and to divest assets in a disciplined manner. As a result, the Company has generated over A$110 million from asset sales and returned over A$36 million to shareholders since inception in 2006. 

The Company remains well-funded, with a current working capital and liquid investments balance of c. A$55 million, including ~A$48 million in cash (as at 20-May-20).

The Company has a portfolio of district-scale, highly prospective gold and nickel projects in premier geological terranes of Australia, as well as several investments, royalties and non-operated joint venture interests. 

Chalice’s flagship asset is the 100%-owned Pyramid Hill Gold Project, a commanding >5,000km² land holding in the high-grade and essentially unexplored northern Bendigo gold district of Victoria.

In March 2020, Chalice discovered a high-grade nickel-copper-palladium sulphide zone at the Julimar Project. The 100%-owned Project covers a large unexplored intrusive complex ~70km NE of Perth and was staked as part of Chalice’s global search for high-potential nickel sulphide exploration opportunities. 

The King Leopold Nickel Project in the frontier west Kimberley region of Western Australia represents another exciting new nickel exploration opportunity along strike from an isolated high-grade Ni-Cu-Co prospect.

Chalice’s aim across our projects is to make tier-1 scale discoveries (>US$1 billion NPV), which are becoming increasingly rare in the industry. This strategy is reflected in our targeted approach, high level of exploration expenditure and the depth of our technically minded, yet commercially driven team.