CHN 4.19% $1.03 chalice mining limited

in addition to the press release here an info that came by email...

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    in addition to the press release here an info that came by email from Chalice Gold

    Chalice's exploration activities in Canada will continue into 2019, with an ~8,100m diamond drill programme commencing in January at the East Cadillac Gold Project in Quebec.

    The new programme is designed to test two of the largest and most prospective targets defined to date on the Project – Legrand and Anderson, both with coherent gold-in-soil anomalism over a >2km strike length. Of particular significance are the similarities these targets share with some of the 10+Moz gold mines along strike to our west. The new targets are completely untested and also located on 100% Chalice owned tenure.

    Chalice will have drilling programmes running simultaneously across its two key projects, with the Canadian programme running from January to March and activities continuing at the Pyramid Hill Gold Project in Victoria.

    With total current assets of ~A$39 million (14.7c per share) and an upcoming 4c per share capital return proposed, Chalice is in an advantageous position and is highly leveraged to exploration success.

    We look forward to bringing you further project updates from these two exciting programmes as results are received.

 
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