Hi All. Please excuse my ignorance but I am intrigued by what has happened at CHN over the last day. The share price has gone nuts over this announcement. I am just trying to get my head around a comparison to LEG. I dont Hold CHN.
They have announced below
Chalice Gold Mines Limited (“Chalice” or “the Company”, ASX: CHN | OTCQB: CGMLF) is pleased to report
exciting preliminary results from a recently completed airborne electromagnetic (AEM) survey over
granted tenure within the 100%-owned Julimar Project in Western Australia.
Can anyone tell me is this something that LEG have done years ago or even recently. Is this a new technique. (Airborne electromagnetic survey)
Would LEG have used this tecnology to find what they have now?? Also is this something they should be using now/future to identify potential areas??
Ann: Change in substantial holding, page-4
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