Chalice’s Auger Soil Geochemistry program, in combination with their recently completed Maiden Drilling
Program (with assay results due shortly) on the prospective 20 km long Thor magnetic trend, have met
Chalice’s expenditure requirement of $1.2 million to earn 51% and would need to spend (at its election) a
further $2.5 million by 29th July 2024 to earn 70% in Venture’s South West Project. The next stage for the
project would include following up the Auger Soil Geochemistry program results with ground EM, and infill
geochemical sampling, to prepare the generated targets for potential drill testing.
Ann: Chalice Mining identifies new Ni-Cu-PGE targets at Thor, page-26
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