Chalice Mining Identifies Two New Ni-Cu-PGE Targets

Chalice Mining Limited (ASX: CHN) has identified two new Ni-Cu-PGE targets at the South West Project of Venture's after completing the second phase of Auger Soil Geochemistry program. The two targets have been infilled sampled with Auger Soil Geochemistry, and the results are still pending. One of the new targets is located in the northern part of the Thor Target, while the other new target is located in the eastern part of the project, near the Odin Nickel-Copper-PGE prospect.

Chalice Mining has also extended and better defined the previously identified Ni-Cu-PGE targets from the Phase 1 soil program, which are interpreted to be hosted in ultramafic rocks and contain coincident and untested airborne EM and magnetic anomalies. The South West Project is a joint venture between Chalice Mining and Venture Minerals, where Chalice Mining holds a 51% stake and is earning a further 19% interest by spending an additional AU$2.5 million by July 2024. The project is located in the Balingup Metamorphic Belt, within the West Yilgarn Ni-Cu-PGE Province.

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