Highlights

  • Chalice Mining (ASX:CHN) has filed an Appendix 3Y Change of Director's Interest Notice for director Alexander Carl Dorsch.
  • The notice discloses a change in Dorsch's indirect securities interests held through the H & A Dorsch Family Trust, consistent with ASX Listing Rules.
  • Chalice Mining continues to advance the Gonneville project near Julimar, Western Australia, regarded as Australia's largest undeveloped nickel-copper-PGE deposit.
  • Routine director disclosure filings are part of the ongoing corporate governance obligations of ASX-listed companies.

Chalice Mining Limited (ASX:CHN), the Western Australian critical minerals developer, has submitted an Appendix 3Y Change of Director's Interest Notice to the ASX in respect of director Alexander Carl Dorsch. The notice, filed under ASX Listing Rule 3.19A.2, discloses a change in Dorsch's relevant interests in Chalice Mining securities, held indirectly through associated entities including the H & A Dorsch Family Trust. The disclosure is a standard compliance obligation under ASX rules and does not reflect any extraordinary event in the company's commercial or operational activities. As a matter of ordinary governance, such disclosures ensure the Investment community has a current and complete view of the securities interests held by each member of the Chalice Mining board of directors.

Nature of the Director Interest Change

An Appendix 3Y is the prescribed ASX form for notifying the market of any change in a director's relevant interests in a listed company's securities. All ASX-listed entities are required to lodge these notices promptly whenever a director's holdings change, whether through on-market trading, off-market transactions, the grant or vesting of performance rights, participation in Capital raisings, or other transactions. In Alexander Dorsch's case, the notice relates to changes in interests held through the H & A Dorsch Family Trust, administered by Trustee Lunar Co Pty Ltd, a company of which Dorsch is a director. This structure is common among executive and non-executive directors who hold securities through family trust or Superannuation vehicles for estate planning purposes. The disclosure provides investors with a current and accurate picture of the board's aggregate direct and indirect holdings in Chalice Mining, which is an important element of ongoing market transparency for a company of Chalice's scale and strategic significance.

Chalice Mining and the Gonneville Project

Chalice Mining is the developer of the Gonneville deposit near Julimar, approximately 70 kilometres northeast of Perth in Western Australia. Gonneville is widely recognised as Australia's largest undeveloped palladium, nickel, and copper deposit, and represents a globally significant critical minerals discovery within a Tier-1 mining jurisdiction. The deposit was first announced in early 2020 following a drilling intercept that triggered substantial investor interest and demonstrated the scale of the mineralised system. Since the initial discovery, Chalice has invested substantially in resource definition drilling, metallurgical testwork, and pre-feasibility study activities aimed at characterising the full extent of the deposit and determining the most viable development approach. The company's share register includes a mix of institutional and retail shareholders drawn to the project's critical minerals profile and the scale of the opportunity.

Critical Minerals and the Gonneville Multi-Commodity Profile

Gonneville hosts palladium, platinum, nickel, copper, cobalt, and gold — a combination of metals spanning both traditional industrial applications and the energy transition. Palladium and platinum are essential in autocatalytic systems for internal combustion engine vehicles, while nickel and cobalt are key inputs for Lithium-Ion Battery manufacturing. This multi-commodity profile provides Chalice with exposure to several structurally important Demand trends simultaneously, while also presenting project complexity in terms of metallurgy and processing design. Global Supply concentration for platinum group metals and battery metals has elevated the strategic importance of deposits like Gonneville, particularly given its location within Australia's well-regarded Jurisdiction and established mining services ecosystem. International partners and potential offtake counterparties have taken interest in the project as the feasibility study process advances.

Development Progress and Project Outlook

Chalice has been advancing a Definitive Feasibility Study for Gonneville, working through complex metallurgical testwork to optimise the processing flowsheet and manage the unique characteristics of the sulphide ore body. Engagement with Traditional Owners in the Julimar region has been ongoing, as has environmental and social baseline data collection required to support future regulatory approvals. Project financing for a development of Gonneville's scale will require substantial capital, and Chalice has been in dialogue with potential strategic partners and financiers as it approaches key decision milestones. The DFS is expected to represent a pivotal step in the company's development trajectory, providing the technical and economic foundation for a potential final investment decision. The breadth of the Commodity suite at Gonneville complicates both the metallurgical optimisation process and the commercial structuring of offtake agreements, but also offers the potential for multiple Revenue streams in production.

Key Insights

The Appendix 3Y lodgement for director Alexander Dorsch is a routine governance obligation that reflects Chalice Mining's compliance with its ASX continuous disclosure and director interest transparency requirements. These filings provide Market Participants with a continuously updated view of board-level securities interests in the company. For investors in Chalice, the underlying development story remains centred on advancing the Gonneville critical minerals project through the feasibility and financing stages, with the DFS completion and subsequent financing decisions representing the most consequential near-term milestones for the company's development trajectory. The scale of the Gonneville opportunity, and the complexity of its multi-commodity metallurgy, means that the feasibility process is extensive, but the depth of the resource and its jurisdiction quality continue to underpin the project's long-term investment case.