My understanding of what happens next is;- Chalice have a look...

My understanding of what happens next is;
- Chalice have a look at the initial work when completed and decide either 1 of 2 things.

1. If the initial work is indicating that there is something good down there, then they will commit to spending $900,000 on drilling by June '22.

2. Walk away.

If Chalice decide to drill , they will have a meeting with VMS, and drilling is usually commenced very quickly.

History:

1.Chalice never announced they were drilling at Gonneville. They just did it. Of the 600+ plus holes they have drilled into Gonneville , the first hole is still the best.

2. 6 weeks ago Chalice told the world at a Nickel conference that they will be returning to recommence exploration on the JV .(Thor project)


If you own a racehorse that is showing exceptional ability , you send it to the best trainer.