Chalice Mining Limited (AU:CHN) has released an update.
Chalice Mining Limited has announced that their Gonneville Project in Western Australia is set to become the lowest cost palladium-nickel-copper mine in the western world, boasting a significant resource starting at surface with 17Moz of palladium-platinum-gold, along with substantial amounts of nickel, copper, and cobalt. The company is in a robust financial position with approximately A$107M in cash and investments and no debt, indicating no need for capital raising in the near future. Additionally, Chalice has entered into a strategic MOU to potentially formalize a partnership following the completion of their Pre-Feasibility Study.
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