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 2006.
The Company remains well-funded, with a current cash and investments balance of c. A$54 million (July-20). Chalice has a portfolio of district-scale, precious and base metal projects in premier terranes of Australia.
In 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, Western Australia, and was staked as a part of Chalice's global search for high-potential nickel sulphide opportunities.
Chalice also holds the 100%-owned Pyramid Hill Gold Project, a commanding >5,000km2 land holding in the underexplored northern Bendigo gold district of Victoria.
The King Leopold Nickel Project in the frontier 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.