CHN 3.57% $1.35 chalice mining limited

"... we are also fielding lots of interest from third parties,...

  1. 293 Posts.
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    "... we are also fielding lots of interest from third parties, as you'd expect, as well."

    "It was very obvious from the first hole, it looked a lot like it was going to be a mine."

    "... we've got a situation where the copper recoveries are very very good, irrespective of grade and the PGE recoveries into the copper concentrate are also very good and very stable and very flat according to grade."

    "We've got a nice sitiation where the vast majority of the PGEs float with the copper into a saleable high grade copper concentrate that we can sell to a whole range of international copper smelters, of which we have spoken to a number, and all have expressed a strong interest in a product like that."

    "Further infill drilling at Gonneville ... so there's 1 rig doing that work for us at the moment, 2 rigs drilling for depth extensions of the resource, 2 rigs driving for strike extensions of the resource and another 2 rigs effectively drilling totally wild cat targets 5 to 10 kms away from the resource and as I have said we are picking out every hole we have drilled 5 to 50 kms away from the resource has hit some sort of sulphide mineralisation, so we are sort of preparing here for a multi year very large scale exploration project ... even 10kms away we are see mineralisation is going to extend beyond that, as well."

    "... when we found Jukimar we went from a A$50m valuation to a peak of about 3.3Bn Australian dollars ... now capped at 1.7 ... the upside, from our perspective, is extraordinary."

    100M capital raised will finance for the next 18 months.

    "... in terms if financing requirements we are looking at very strategic type of partnerships to provide alternative sources of financing ... "

    "... we think that next 18 month is really putting the majority of the pre-feasibility study together ... "

    "...seismic validation drilling ... very exciting ... underway at the moment"

    "Scoping Study is at the end of this year"

    "looking to test at least 5 other Gonneville like intrusions, that we've interpreted in the region. So that work is going to begin around October, this year."
 
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