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