Don't get it wrong....this not Chex Mix...it is Party Mix and it much tastier and addictive!! I make this every year around Christmas. I give it out as gifts and serve at my Christmas party. Would also be good for tail gate parties!! Another family tradition and it makes a great big batch!! If you want to give it out as gifts, you can get those dollar store gift bags and you can do about 30....just an idea!! We love munching on this. My teenagers and family love it!
Preheat oven to 250 degrees. I get a big roaster....put all the cereal, peanuts and pretzels in there. In a small mix oil, salts and Worcestershire sauce. Pour over mixture. Toss it to get it coated a bit.
Bake for 1 to 1 1/2 hours at 250 degrees. Stir every 15 minutes.