Chalice is a globally recognised name in minerals exploration, led by an experienced team of proven mine-finders. Our major greenfield discovery in early 2020, the Gonneville Project in Western Australia, hosts a rare mix of critical metals required for decarbonisation and urbanisation including palladium, platinum, nickel, copper and cobalt.
Gonneville has a tier-1 scale Mineral Resource Estimate1 (Resource) containing approximately 17 million ounces of platinum group elements (PGEs), 960 thousand tonnes of nickel, 540 thousand tonnes of copper and 96 thousand tonnes of cobalt, making it one of the largest recent nickel sulphide discoveries worldwide, and the largest PGE discovery in Australian history.
Chalice is now advancing this world class critical minerals resource towards development. The recent Gonneville Scoping Study2 outlines a new long-life, low-cost, low-carbon critical minerals mine with the potential to deliver strong financial returns and regional benefits. The Pre-Feasibility Study (PFS) for the Gonneville Project has commenced, which will assess several development cases with the aim of investigating significant upside.
The Gonneville discovery has opened up a new, largely unexplored mineral province, the West Yilgarn Ni-Cu-PGE Province, where Chalice holds an unrivalled ~9,600km2 land position. Chalice has a first-mover advantage in this exciting new nickel sulphide province and is progressing exploration activities across the region.
Chalice’s Gonneville discovery has been recognised by multiple awards including the Prospectors and Developers Association of Canada, with the discovery team receiving the prestigious 2023 Thayer Lindsley Award for best international mineral discovery.
The Company is led by a highly credentialed Board and management team, with a strong track record of value creation for shareholders.
2006
- Company formed
- A$7.5M raised in OPI to explore the Chalice and Higginsville gold districts in WA
2007
- Chalice and Higginsville projects sold for ~A$12M
2009
- Zara Gold Project in Eritrea acquired for ~A$7M
2009 – 2011
- ~A$34M raised to progress Zara Project to DFS
2012
- Zara sold for ~A$110M
- A$0.10ps returned to shareholders (~A$25M)
2013
- Cameron Gold Project in Ontario acquired for ~A$8M
2016
- Cameron Gold Project sold for ~A$25M
2018
- A$0.04ps capital return to shareholders (~A$10.6M)
2016 – 2019
- Staked or acquired large greenfield exploration projects in Australia and Canada (including Julimar, now known as Gonneville) exploring for nickel, gold, vanadium
2020
- Major PGE-Ni-Cu-Co-Au discovery at Julimar (now Gonneville) in first drill hole
- Birth of the highly-prospective West Yilgarn Ni-Cu-PGE Province in Western Australia centred on the >30km long Julimar Complex
- ~A$145M raised to progress Gonneville
- Staked ~8,000km2 licence holding surrounding Gonneville
2021
- Spin-out of 5,000km2 Pyramid Hill Gold Project in Canada to become Falcon Metals Ltd (ASX:FAL)
- Exploration drilling commences at new targets along the Julimar Complex
- Tier-1 maiden Gonneville Resource of 330Mt @ 0.94g/t 3E, 0.16% Ni, 0.10% Cu, 0.016% Co
2022
- A$100M raised to progress Gonneville studies
- Gonneville Resource #2 upgrade to 350Mt @ 0.96g/t 3E, 0.16% Ni. 0.10% Cu, 0.015% Co
2023
- Gonneville Resource #3 upgrade to 560Mt @ 0.88g/t 3E, 0.16% Ni, 0.09% Cu, 0.015% Co
- ~A$76M raised to progress Gonneville studies and regional exploration
- Gonneville Scoping Study completed which outlined a potential new long-life, low-cost, low-carbon critical minerals mine in Western Australia
2024
We are here
- Gonneville Resource #4 remodelled to support selective high-grade starter case, including upgrade to 660Mt @ 0.79g/t 3E, 0.20% Ni, 0.21% Cu, 0.019% Co
- Acquired a strategic investment in Encounter Resources Limited (ASX:ENR) exposing Chalice to Encounter’s prospective tenements in the West Arunta Province
- Submitted the Gonneville Project for State and Commonwealth environmental approvals
- Executed a strategic MOU with Mitsubishi Corporation to work together on the ongoing development studies for the Gonneville Project
