Have a read & conclude for yourself.....
http://chalicegold.com/upload/documents/InvestorRelations/presentations/20120508RIUSydneyRound-up.pdf
Chalice Gold Mines remains very bullish on Eritera & Arabian-Nubian Shield even though they only have 825.sq klms of granted tenements left to explore.
GIP has 2,200sq.klms & is drilling this month, yet you could hear pin drop over at GIP Head Office marketing & investor information centre.
All except for a small insert in quarterly report " Bisha base metal deposit (1.618 million ounce gold and 0.45 million tonne copper in the Ore Reserves) located some 174 km to the south " and " the Probable Ore Reserve of 0.760 million ounces of gold at the Zara gold project (Koka deposit) located only 16 km to the south of the Company's most southern Licence."
16 kilometres !! You would think there should be some trumpets blaring over that. Not us "shssh, don't say too much "
Surely it is not that hard for GIP management to come up with at minimum, a map ( like Chalice ) as to exactly where we are drilling in relation to Koka/Zara/Hurrum & Mogaraib?
At least give the market and some analyst's a chance to absorb the very close proximity of VMS deposits.
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