CHALICE MINING LTD's stock soared 5.18% during intraday trading on Tuesday, following the release of a detailed corporate presentation for its flagship Gonneville project.

The company announced that its Gonneville Palladium-Nickel-Copper Project in Western Australia is set to become a large-scale, long-life critical minerals mine. The project has an initial 23-year open-pit life and is projected to generate approximately A$4.7 billion in free cash flow with a payback period of about 2.7 years.

Chalice Mining also reported a strong financial position with a cash balance of around A$71 million and significant institutional shareholder support. The company is advancing toward a final investment decision targeted for the first half of calendar year 2028.