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Chase Mining gains new substantial shareholder

Chase recently intersected a spectacular ‘bonanza grade’ intersection assaying 22% copper + 34g/t palladium and 3.5g/t platinum.

Chase Mining Corporation Ltd - Chase Mining gains new substantial shareholder
The substantial shareholder status was reached on December 4

Chase Mining Corporation Ltd (ASX:CML) has attracted a new substantial shareholder in Southern Reaches Pty Ltd (The Kern Super Fund a/c) which now has a 5.12% stake

This status was reached on December 4 after accumulating more than 10.58 million shares.

Bonanza grade copper at Alotta Project

Chase recently intersected a spectacular ‘bonanza grade’ intersection of chalcopyrite - pyrrhotite massive sulphide assaying 22% copper + 34g/t palladium + 3.5g/t platinum and 0.78% nickel, 1.4% zinc, 65g/t silver at the Alotta Project in Quebec, Canada.

This 0.5-metre intercept from 55.3 metres forms part of a wider 4.1-metre zone of mineralisation assaying 5.3% copper, 4.9 g/t palladium, 0.9 g/t platinum, 0.26% nickel and 12 g/t silver.

Quick facts: Chase Mining Corporation Ltd

Price: 0.035 AUD

ASX:CML
Market: ASX
Market Cap: $11.15 m
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