CHN 1.28% $1.19 chalice mining limited

My key takeaways:18% increase in contained PdEq metal (17MOz to...

  1. 29 Posts.
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    My key takeaways:

    18% increase in contained PdEq metal (17MOz to 20MOz)

    12% increase in High Grade tonnage (74Mt to 82Mt)

    4% increase in High Grade PdEq grade resulting in a 15% increase in contained metal in these domains

    Updated metallurgical recoveries used in all metal equivalent calculations. IE realistic view of recoverable metal

    Massive increase in indicated resources to declare mineral reserves from in the scoping study and to support financing (150Mt to 250Mt)

    Given drillhole cutoffs for inclusion in the MRE was March 2022 its only getting bigger

    The high grade component is what will carry the economics of Gonneville. Be nice to see 2 or 3 options evaluated in the scoping study. Bulk Mining Open Pit vs High Grade Selective open pit and underground vs UG only. If someone's going to the webniar it would be good to get more clarity on the scoping study scope.

    Have a great day!

 
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