Chalice is a globally recognised explorer-developer based in Western Australia with a strong track record of value creation for shareholders. The Company is well funded with ~A$83 million in cash and investments as at 31 March 2025, which is expected to fund completion of the studies and permitting phase for our flagship 100%-owned Gonneville Project and allows Chalice to continue high-impact exploration in the new West Yilgarn Province. 
 
Our major greenfield discovery in early 2020, the Gonneville Project in Western Australia, is the largest undeveloped palladium-nickel-copper project in the western world. Gonneville has a tier-1 scale 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 the largest PGE discovery in Australian history. The Project has Strategic and Major Project Status from the WA and Commonwealth governments, recognising its scale and strategic importance to the critical minerals sector as well as the dominance of Russia and South Africa in palladium production. 
 
Chalice is advancing this world class project towards development, with a Pre-Feasibility Study targeted for completion by the end  of CY2025 and the regulatory approvals process are underway. The Project is predicted to have a 20+ year mine life and be the lowest cost PGE mine in the western world (2nd quartile). In mid-2024, Chalice signed a strategic, non-binding MOU with Mitsubishi Corporation of Japan, a top-tier development partner, with the intention of formalising a potential binding partnership on completion of the PFS. 

Chalice Mining Limited

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