Denver Gold Group member
Chalice Mining
- ASX: CHN
- Developer (construction/feasibility)
- Palladium
- Nickel
- West Perth, Australia
Company profile
Chalice is a globally recognised explorer-developer based in Western Australia with a strong track record of value creation for shareholders.
Our major greenfield discovery in early 2020, the Gonneville Project in Western Australia, is the largest undeveloped palladium-nickel-copper project in the western world. The 100%-owned Gonneville Project has a tier-1 scale Resource containing approximately 17 million ounces of platinum group metals (PGMs), 960 thousand tonnes of nickel, 540 thousand tonnes of copper and 96 thousand tonnes of cobalt, making it the largest PGM discovery in Australian history.
The Company’s balance sheet is well funded with ~A$71.3 million in cash and investments as at 31 December 2025 – which will fund the Project through to its Final Investment Decision along with high-impact exploration in the new West Yilgarn Province.
The next stage for Gonneville involves completing a Bankable Feasibility Study, progressing the regulatory approvals and offtake/financing discussions.
The Project has Strategic and Major Project Status from the WA and Commonwealth governments, recognising its scale and strategic importance to the critical minerals sector as well as the dominance of Russia and South Africa in palladium production.
Chalice completed its Pre-Feasibility Study in December 2025, confirming a long life and globally competitive critical minerals mine in Western Australia, set to generate A$4.7bn in free cashflow pre-tax with a rapid payback of 2.7 years.
Chalice signed a strategic, non-binding MOU with Mitsubishi Corporation of Japan, a top-tier development partner and continue to collaborate on the optimal development pathway for Gonneville.
The Company is continuing to progress regulatory approvals, remaining studies, offtake and financing of the project ahead of a targeted Final Investment Decision (FID) in H1 CY28.
At Mining Forum Australia
A Denver Gold Group member company
Member companies meet qualified investors in unmediated 1x1 Meetings at every Mining Forum. The 2027 issuer list is published as companies confirm.
Peer groupthe five most similar Denver Gold Group members, 1 = most similar
| Rank | Company | Stage | Minerals | Primary operations | Market cap | 2025 production | Reserves | Match by factor |
|---|---|---|---|---|---|---|---|---|
| This company | Chalice MiningASX: CHN | Developer | Palladium, Nickel | Australia | $337M | |||
| 1 | Vista Gold Corp.NYSE Arca: VGZ | Developer | Gold, Silver | Australia | $328M | 5.19 Moz | ||
| 2 | Silver Mines LimitedASX: SVL | Developer | Silver, Zinc | Australia | $269M | 116.5 Moz | ||
| 3 | Astral ResourcesASX: AAR | Developer | Gold | Australia | $238M | 1.1 Moz | ||
| 4 | Rox ResourcesASX: RXL | Developer | Gold | Australia | $599M | 0.674 Moz | ||
| 5 | Boab Metals LimitedASX: BML | Developer | Silver | Australia | $178M |
close partial distant not reported Dots run in the order market cap, stage, minerals, country, production, reserves. Similarity weighs market capitalisation 25%, stage of development 20%, primary and secondary minerals 20%, primary country of operations 10%, production 12.5% and reserves 12.5%, with sizes compared on a logarithmic scale. Production and reserves are compared only between companies with the same primary mineral, and a figure a company has not supplied is left out of the score instead of counting against it. A statistical grouping for orientation, not a recommendation or a valuation comparison.
Prepared for information only; it is not investment advice or a recommendation. Company data as supplied to Denver Gold Group by member companies and public market sources. Market figures in US dollars as at 20 September 2026.