Chalice Mining Ltd. has released a pre-feasibility study update on its Gonneville Palladium-Nickel-Copper Project in Western Australia. The project is positioned as one of the largest and lowest-cost undeveloped palladium-nickel-copper reserves in the western world, with an initial open-pit mine life of 23 years and projected free cash flow of approximately A$4.7 billion. The company reports a rapid payback period of around 2.7 years and emphasizes significant exploration potential across a 7,000 km² holding in the West Yilgarn region. As of early December 2025, Chalice Mining maintains a strong financial position with a market capitalization of A$664 million, a cash balance of A$65 million, and A$11 million in listed investments. The Gonneville Project is highlighted for its competitive cost structure and its leverage to long-term palladium demand, particularly for use in hybrid vehicles amid a declining global supply profile. You can access the full presentation through the link below.