Chalice Mining moves to demerge gold assets This follows a strategic review of Chalice’s portfolio which concluded that a demerger of the gold projects is the optimal structure to maximise value for shareholders. The assets include the district-scale Pyramid Hill Gold Project in the prolific Bendigo Zone of central Victoria. Chalice Mining Ltd (ASX:CHN) (OTCQB:CGMLF) intends to demerge its highly prospective Australian gold assets subject to shareholder and regulatory approvals. This follows a strategic review of the portfolio which concluded that a demerger of gold projects including the district-scale, 100%-owned Pyramid Hill Project in Victoria and Viking Project in Western Australia, is the optimal structure to maximise value for its shareholders.