Chalice Mining Limited announced that Chalice Mining Limited has generated an additional 7 new EM anomalies from the recently completed ground EM program at Venture's South West Nickel-Copper-PGE Project. This brings the total number of new targets to 11 from the Chalice ground EM program as part of the first stage of the JV earn-in focused on Venture's Thor Target, a 20km long, "Julimar lookalike" (as defined by Chalice), magnetic anomaly at the South West Project. Chalice's exploration team have received the final data and are currently completing their interpretation of the resultant 11 bedrock conductors, which will include soil geochemistry to assist in prioritising the targets in preparation for drill testing in the coming months. Chalice will need to spend $1.2 million by 29th July 2022 (including monies already spent to date of ~$400k) to earn 51% and a further $2.5 million to earn 70% in Venture's South West Nickel-Copper-PGE Project. Should Chalice spend the $3.7 million on exploration by 29th July 2024 to earn 70%, then Venture will have the option to maintain its 30% equity in the project. The 7 new EM anomalies defined by Chalice's recent work are again of similar strength conductors to those that yielded wide and significant palladium intervals during the early drilling phase of the Julimar Ni-Cu-PGE discovery. One of the 7 new EM anomalies also coincides with the 2.4 metres of Massive Sulfide intersected in previously drilled TOR05, which averaged 0.5% Copper, 0.05% Nickel, 0.04% Cobalt and contained anomalous gold & palladium, making that conductor a potential priority drill target (still to be determined by Chalice). Another one of the new EM anomalies, is one of the higher conductance plates and is well located 200 metres down-dip of the 17 metre zone of disseminated, semi-massive and massive sulfides intersected in TOR03. One of the four previously stated EM anomalies generated by Chalice was within 10 metres of a previously drilled hole TOR04, which intersected 86 metres of disseminated sulfides with anomalous levels of PGE mineralisation. The South West Project (256 km²) is located ~240 km south of Perth hosted within the Balingup Gneiss Complex. The two main prospects within the Project are Thor and Odin and both contain areas of potential Nickel-Copper-PGE prospectivity.