Chalice Mining Limited (ASX: CHN) is delighted to announce an updated Mineral Resource Estimate (MRE) for its 100%-owned Gonneville PGE-Ni-Cu-Co Project, situated on Chalice-owned farmland approximately 70km north-east of Perth in Western Australia. This development marks a significant stride towards optimizing the Project amid a challenging commodity price landscape.
The discovery of the extensive Gonneville orthomagmatic palladium-platinum-nickel-copper-cobalt sulphide deposit by Chalice in early 2020 has been a focal point. Over the past four years, an extensive drilling campaign encompassing more than 1,200 drill holes spanning approximately 320,000 meters has been executed to delineate the Resource, which remains open to the north-west and down-dip.