Chalice Mining Limited (AU:CHN) has released an update.
Chalice Mining Limited has reported promising preliminary results from metallurgical testwork for its Gonneville Project, revealing potential for improved flotation recoveries and enhanced project economics. The testwork, part of the ongoing Pre-Feasibility Study, showed favorable increases in metal recoveries with the use of certain reagents and techniques, suggesting a possible upside for the project. Chalice is aiming for a Final Investment Decision by late 2026 and to commence production in 2029, with current cash reserves comfortably covering the PFS costs.
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