Chalice Mining MD on Julimar Discovery, Metals Demand

The transcript discusses a major Palladium discovery in Western Australia, highlighting its potential as a significant source of green metals. The project is in early exploration stages, with production expected in 4-7 years. The Palladium market is analyzed, noting stable demand due to hybrid vehicles and potential growth from hydrogen applications. The company aims to develop a robust mining operation and is well-positioned financially to advance exploration and feasibility studies. Domestic demand for Palladium is anticipated, with a focus on green projects and ESG credentials.

What metals, besides Palladium, were discovered in the new deposit near Perth?

• Silver and Tin

• Lead and Zinc

• Nickel, Copper, and Cobalt

• Iron and Aluminum

What is the expected timeline from discovery to production for the Palladium deposit?

• 2 to 3 years

• 1 to 2 years

• 8 to 10 years

• 4 to 7 years

Which two countries currently dominate the Palladium market?

• Brazil and Argentina

• USA and Canada

• Russia and South Africa

• China and India

What emerging technology is expected to increase the demand for Palladium?

• Solar Panels

• Wind Turbines

• Green Hydrogen

• Nuclear Energy

What is the company's ultimate aim for their mining operation?

• To sell the deposit

• To create a robust operation through the cycle

• To focus solely on gold extraction

• To partner with a foreign company

Why is the company's stock performing well despite being far from production?

• Owing to a government subsidy

• As a result of a new CEO

• Because of a unique discovery

• Due to a recent merger

What is the company's current financial position?

• Struggling to raise funds

• Sitting on a comfortable cash pile

• Breaking even

• In debt