Chalice Mining (ASX:CHM) share price surges to new record high

The Chalice Mining Ltd (ASX: CHN) share price has hit a new record high this morning. Shares in the Aussie gold miner jumped more than 10 per cent at the open after a pre-market announcement.

Why is the Chalice Mining share price rocketing higher?

Chalice Mining has started a program of ground electromagnetic (EM) surveying on the South West Nickel-Copper-Platinum Group Element (Ni-Cu-PGE) Project. Venture Minerals Limited (ASX: VMS) owns the site with Chalice working as a joint venture partner.

Chalice has commenced the surveying over selected areas of the “Julimar lookalike” magnetic anomaly (Thor Target) and other interpreted mafic-ultramafic intrusions.

The Chalice Mining share price shot higher in August after announcing…



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