4 June 2026 | Western Australia - Chalice Mining has reported strong new exploration results from the Deep Blue copper-molybdenum-silver-rare earth element target, located near Goomalling in Western Australia’s Wheatbelt region.
The Deep Blue target sits within the Northam JV Project, where Chalice is earning up to a 70% interest. The target is located about 15km south-east of the Caravel Copper Project, which is at pre-feasibility stage and hosts a 3Mt contained copper resource.
Recent rock chip sampling and ground geophysics have upgraded Deep Blue into what Chalice describes as a compelling drill-ready greenfield target. The company has defined a coherent 2.5km-long copper-molybdenum-silver soil anomaly, with a peak soil assay of 890ppm copper, around 17 times background levels.
