Outstanding exploration potential in the world-class North West Minerals Province

LME Copper Price: US$ / tonne

Chalkos Metals

Chalkos Metals is actively exploring an advanced portfolio of exploration targets in the world-class North West Minerals Province in Queensland, Australia.

The Chalkos Metals tenement package includes several advanced exploration assets located adjacent to the world class Mount Isa Mine owned by Glencore, and 10km from the well serviced mining town of Mount Isa. Chalkos Metals has a clear and aggressive exploration strategy to unlock value with 7 priority prospects identified, including 13 ‘walk-up’ drill targets planned for testing in 2022.

Chalkos Metals has assembled a highly experienced local team, led by Executive Chairman Andrew Newman, ex CFO of Glencore’s QLD Metals business (Mount Isa Mines).

The Mount Isa Mines operation is one of the world largest mining complexes and is the hub of Glencore’s copper and zinc operations that comprises underground mines, mineral processing and smelting facilities, power generation and rail infrastructure through to the export hub of Townsville. Mount Isa Mines is the largest copper producer in Australia and a key asset in Glencore’s global mining portfolio.

Chalkos Metals Tenement Background

Several tenements were previously held by CRA (Rio Tinto) and MIM (Glencore) and have had extensive exploration expenditure that includes geophysics, radiometrics, magnetics and gravity, soil samples and drilling. A recent public data compilation coupled with further exploration activities have built a significant database of information on which to base our exploration strategy.

Assets in top tier jurisdiction

Aggressive exploration strategy

Experienced local team

Accessible infrastructure

Clear pathway to production

Strengthening copper cycle

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Small crackle breccia zones within Bambino drillhole BBDD22015 are infilled with chalcopyrite and trace chalcocite (<2% sulphides on the left) and chalcopyrite and pyrrhotite (~5% total sulphides on the right) bit.ly/3OePAcT $CKM $CKM.ax #MtIsa #copper #exploration #ASX pic.twitter.com/BkvnKtgN0m

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Investor Stream chats with: Chalkos Metals Limited Executive Chairman Andrew Newman

23 May 2022

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