Ann: El Zorro drilling returns multiple thick gold intercepts, page-115

@tretchikoff
That is why CHN are changing their company name to just Chalice Mining, removing all reference to gold.

@1fingerpushup in relations to DEG, it all started with the Massive Hemi Intrusion discovery, the first few drills demonstrated strong mineralization. Analyst undertook their own measure and assessment of the ore body and formed a resource potential + valuation of the company. Subsequent drill results proved continuity of grade and mineralizaiton which further strengthened their valuation. Additionally, the Falcon major discovery + further extensions added more value to their MC. The Mallina gold project has the scale potential to be in the top 7 Gold Deposits in AUS, at above a 7Moz resource. Hence their high market cap valuation.

Apart from DEG, only NVA & TSO have prospects with 4-5Moz + Potential that is mostly Open Pit (in a TIER 1 jurisdiction and in locations that actually will develop into mines). NVA currently does have a MC that is almost double ours and have a deposit within a district scale gold system. Whereas, we hold concessions over an entire district gold system and as Zeff mentioned in the paydirt interview, my be placing a few drills into other prospects outside of El Zorro!

It's an easy future re-rate for us, if future drills and demonstrate Mega Large Scale potential across the various targets, our MC is easily going to be 5x current valuation!