CHN 3.30% $1.10 chalice mining limited

Hope this helps. This discovery could well end up to be massive...

  1. 3,608 Posts.
    Hope this helps. This discovery could well end up to be massive excuse the pun!

    http://en.wikipedia.org/wiki/Volcanogenic_massive_sulfide_ore_deposit

    http://pubs.usgs.gov/sir/2010/5070/c/

    Examples of VMS deposits on the Arabian/Nubian shield include:

    Jabal Sayid - Originally owned by Citadel Resources, but Acquired by Equinox for $1.25bn and then later acquired by Barrick Gold.

    http://www.barrick.com/GlobalOperations/Copper/Jabal-Sayid/default.aspx

    Bisha Mine - Owned by Nevsun Resources
    http://www.nevsun.com/projects/bisha-main/

    Sunridge is another nice example of a company in the
    Arabian Nubian shield area that has found VMS's.

    http://www.sunridgegold.com/s/Eritrea.asp
 
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