The original Chex Party Mix recipe calls for 3 cups each of Corn, Rice and Wheat Chex cereals mixed with 1 cup each of mixed nuts, bite-size pretzels, and regular or garlic-flavored bagel chips broken into 1-inch pieces. A mixture of melted butter and seasonings gives it added flavor.
Place 6 tablespoons of butter or margarine in a small bowl, and microwave it on high for about 40 seconds. Stir in 2 tablespoons of Worcestershire sauce, 1 1/2 teaspoons of seasoned salt, 3/4 teaspoon of garlic powder and 1/2 teaspoon of onion powder. Pour the butter over the cereal mixture, and stir until all the dry ingredients are well-coated. Microwave the mixture on high, uncovered, for five or six minutes, stirring every two minutes. Spread the Chex Mix on paper towels until it cools, then put it in a bowl to serve or store it in an airtight container.
For a twist on the original, try making Tex Chex Party Mix by substituting dry-roasted peanuts for the mixed nuts and toasted corn nuts for the bagel chips. Stir one package of taco seasoning mix into the melted butter in place of the original seasonings. After coating the cereal mix with the butter sauce and microwaving it, stir in 2 cups of regular or nacho cheese tortilla chips, broken into 1-inch pieces.