Chalice recently signed a landmark Heads of Agreement (HOA) with the Shire of Toodyay for the future establishment of the Chalice Mining Community Fund. The agreements reflects a shared objective to deliver long-term benefits to the local community from a potential mine.
Under the terms of the HOA, Chalice has agreed to provide funding for the delivery of community projects and programs that have been identified by the Shire of Toodyay and that align with Chalice’s eligibility criteria.
Eligible projects will demonstrate community development and social investment priorities that are aligned with and preserve and promote the Shire of Toodyay’s Council Plan, with a focus on local employment and training outcomes as well as other initiatives that contribute to community sustainability. This framework will also form the basis for Chalice to establish similar community funds with other neighbouring Shires in the region.
The HOA has helped to formalise the Company’s strong commitment to community development and provided guidelines for Chalice to work with the Shire of Toodyay to ensure community spending delivers long-term benefits for local residents.