Chalice Mining Limited (AU:CHN) has released an update.
Chalice Mining Limited announces its 100% owned Gonneville Project as the largest palladium-nickel-copper development in the western world, boasting a strong financial position with approximately A$111M in cash and investments and no debt. The project, located in Western Australia, is not only massive in scale with significant deposits starting at the surface but also has the potential to become the lowest cost PGE mine in the region post-development. With a Pre-Feasibility Study in progress and a strategic Memorandum of Understanding in place, Chalice Mining is poised for growth as it leverages its position in critical minerals.
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