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Chalice Mining moves to demerge gold assets This follows a strategic review of Chalice’s portfolio which concluded that a demerger of the gold projects is the optimal structure to maximise value for shareholders. The assets include the district-scale Pyramid Hill Gold Project in the prolific Bendigo Zone of central Victoria. Chalice Mining Ltd (ASX:CHN) (OTCQB:CGMLF) intends to demerge its highly prospective Australian gold assets subject to shareholder and regulatory approvals. This follows a strategic review of the portfolio which concluded that a demerger of gold projects including the district-scale, 100%-owned Pyramid Hill Project in Victoria and Viking Project in Western Australia, is the optimal structure to maximise value for its shareholders.

Pyramid hillWestern australiaAlex dorschPlatinum group elementsKirkland lake gold ltdCastlemaine groupPyramid hill projectViking projectJulimar nickel copper platinum group elementsWest yilgarnBendigo zoneFosterville gold mineBendigo goldfieldHill gold projectIronbark northIronbark east