Chalice Gold is a unique, well-funded explorer with district-scale gold and nickel sulphide projects in high-grade mining regions of Australia and Canada. The company is targeting high-grade discoveries in greenfield but near-mine locations.
Chalice's two key gold projects are the 100%-owned Pyramid Hill Gold Project located in the high-grade Bendigo gold district of Victoria, as well as the East Cadillac Gold Project in the significant Val-d'Or gold district of Quebec. The King Leopold Nickel Project represents the third key project, and a new nickel exploration opportunity alongside these existing high-profile gold projects.
The Company is in a unique and strong financial position with c.A$23 million in working capital (at 31 Mar 2019), allowing Chalice to advance exploration projects quickly and at scale. No capital has been raised (no shareholder dilution) since 2011. The Company has a proven track record of success, with prudent and well-timed asset sales generating net proceeds of >A$100 million to date. Over A$36 million has been returned to shareholders since 2012.