CHN 4.03% $1.29 chalice mining limited

Pyramid project

  1. 293 Posts.
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    The first drill results from the Pyramid project are expected shortly.

    see the picture: right from the Chalice tenure are the Catalyst Metals areas (Four Eagles, Raydarra and Tandarra etc.). According to Chalice Gold presentation it was drilled just to the left of the Tandarra / Raydarra area, just below the Four Eagles area. Look at Chalice presentation site 7 http://www.chalicegold.com/images/IMARC_P.pdf



    In June 2018 Catalyst Metals had landed the following great hits in the Four Eagles area:
    16 meters at 63 g / t gold, including 12 meters at 84 g / t gold. Other very nice results were also landed. The Catalyst share reacted to the great results, rising from about $ 1.10 to over $ 1.50. So about 40% added value after these results! I hope that Chalice delivers similarly good results here and that the share price will react similarly positively.



    According to Catalyst Presentation the Tandarra project has the following very nice values:
    17m @ 7.1g / t Au
    10m @ 17.9g / t Au
    5m @ 17.0g / t Au

    http://www.catalystmetals.com.au/images/catalyst---jeefojeeza.pdf

    I'm really looking forward to the first Chalice drill results and expect similar good results as those from Catalyst Metals which is right next door to Chalice areas.
    Last edited by dan-sh: 09/12/18
 
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