Member Company Profile

Chalice Gold Mines

CXN:CN|Last Price: USD 0.14|Market Cap: USD 36.05 M

USD 0.08        USD 0.16


Gold Price: $1,500.00|Silver Price: $17.04|Platinum Price: $845.00|Palladium Price: $1,463.00|Gold:Silver: 88.0


Status: Explorer|Primary Mineral: Gold|Primary Country of Operation: Australia


Last Updated: February 25, 2019

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IR Contact

Nicholas Read, Read Corporate, +61 8 9388 1474
+61 8 9388 1474
[email protected]
www.chalicegold.com

Address

1292 Hay Street, Level 2
West Perth, WA 6005
Australia

Cautionary Information

© Copyright 2019, Denver Gold Group & Chalice Gold Mines.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Chalice Gold Mines (ASX : CHN | TSX: CXN) is a well-funded junior explorer with district-scale exploration projects across tier-1 mining jurisdictions in Australia and Canada.

Chalice's key projects are the 100%-owned Pyramid Hill Gold Project located in the prospective Bendigo gold district of Victoria, as well as the East Cadillac Gold Project in the equally significant Val-d'Or gold district Quebec.

The Company is in a unique and strong financial position with c.A$26 million in current assets, allowing Chalice to advance exploration projects quickly and at scale. The Company has a proven track record of success, with prudent and well-timed asset sales generating net proceeds of c.A$107 million to date.

Value Drivers
  • District-scale exploration projects in tier-1 high grade gold provinces – Bendigo, Australia and Val-d’Or, Canada. Three rigs currently drilling large-scale greenfield targets
  • Unique strong financial position: c. A$26M in cash and current assets at 31-Dec-18 (~A10cps) – no capital raised since 2011
  • Track record of value creation: ~A$107M generated from well timed asset sales, ~A$36M returned to shareholders since 2012
Top Shareholders
  • Mr Tim Goyder
  • Franklin Resources
  • Paradice Investment Mgt
Management
Chairman: Mr Tim Goyder
Managing Director: Mr Alex Dorsch
CFO: Richard Hacker
Exploration Manager - Canada: Patrick Lengyel
General Manager - Exploration: Dr Kevin Frost
Company Secretary: Leanne Stevens
More Detail
Capital Structure
Common Shares Outstanding: 266,568,134
Options Outstanding: 20,524,889
Fully Diluted Shares: 287,093,023

IR Contact

Nicholas Read, Read Corporate, +61 8 9388 1474
+61 8 9388 1474
[email protected]
www.chalicegold.com

Address

1292 Hay Street, Level 2
West Perth, WA 6005
Australia

Cautionary Information

© Copyright 2019, Denver Gold Group & Chalice Gold Mines.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.