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Chalice Mining ( (AU:CHN) ) has issued an announcement.
Chalice Mining has announced significant improvements in metal recoveries from its Gonneville Project, with enhanced flotation and CIL leach processes and the potential production of a new iron byproduct. These advancements are expected to improve project margins and competitiveness, with geological modeling underway to better quantify iron/magnetite in the deposit. The company remains financially strong and is progressing with its Pre-Feasibility Study, focusing on processing, mining parameters, and environmental modeling, while receiving strong government support for regulatory approvals.
More about Chalice Mining
Chalice Mining Limited is a mining company focused on the exploration and development of the Gonneville PGE-Ni-Cu-Co Project located in Western Australia. The company’s primary products include palladium, nickel, copper, cobalt, platinum, and gold, with a strategic focus on optimizing the project’s development and engaging with potential strategic partners.
YTD Price Performance: -4.74%
Average Trading Volume: 2,926
Technical Sentiment Signal: Strong Buy
Current Market Cap: €248.6M
Find detailed analytics on CHN stock on TipRanks’ Stock Analysis page.