Chalice Gold Mines is an Australian-based mining company that is listed on the Australian Securities Exchange (ASX: CHN) and Toronto Stock Exchange (TSX: CXN).
The Company has a prospective portfolio of "high reward" exploration projects located in Australia and Canada that will be the focus of its activity.
In addition, the Company is focused on deploying its significant cash balance to the assessment, acquisition and development of high-quality, undervalued resource projects globally, exhibiting superior free cash flow potential and exceptional exploration upside.
In assessing resource projects for acquisition, the Company has a preference for the following key characteristics:
- Gold or base metals, although all commodities considered on a case by case basis
- Low to moderate risk jurisdictions; however, riskier jurisdictions considered if offset by low geological risk
- Exceptional free cash flow potential
- Undervalued assets
- Excellent exploration upside
Chalice is well positioned to execute its growth strategy, with a well-credentialed Board, an experienced technical team and a strong balance sheet.