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Variscan Holds 49% as Chalice Powers Up Callabonna Exploration

10:02am on Wednesday 18th of March, 2026 AEDT Mining
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Variscan Holds 49% as Chalice Powers Up Callabonna Exploration

10:02am on Wednesday 18th of March, 2026 AEDT
Key Points
  • Variscan holds 49% interest in EL6318 at Callabonna Project
  • Chalice Mining to earn into Red Metal’s stake via exploration funding
  • Minimum two basement drill tests committed within first 12 months
  • Variscan’s rights and interest remain unchanged under existing agreement
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