webmaster
© Copyright DEHAI-Eritrea OnLine, 1993-2011
All rights reserved
From: B-Haile (eritrea.lave@comhem.se)
Date: Thu Feb 24 2011 - 15:59:55 EST
Thursday, February 24, 2011
Chalice Gold Mines Limited
WHY INVEST IN CHALICE
Be part of a highly prospective yet previously untapped gold and base metal region with first gold production planned in 2011.
- Chalice owns an 100% interest* in the strategically-positioned Zara Project in Eritrea, East Africa. The Company recently completed a Feasibility Study, with development targetted to commence in 2011.
- The Zara Project provides an opportunity for investors to participate in the development of a high grade gold project in a period of rising gold prices.
- A preliminary geological assessment of the region indicates that there is considerable opportunity to locate additional ore bodies in similar geological settings along strike from the main Koka Gold Deposit.
- Chalice holds a substantial land package of 615 square km with little, if any, exploration. An aggressive exploration program will provide a unique opportunity for the discovery of additional gold and base metal deposits.
- Chalice is well funded, with sufficient financial resources to develop the Zara Project and to conduct an aggressive exploration program.
- Chalice is led by a Board of Directors and management who have the requisite corporate, commercial and technical skills and experience to manage and operate a progressive mining company.
* The Government of Eritrea has advised that it intends to acquire, at fair value, an additional 30% paid participating interest in the Koka Gold Deposit. This is in addition to a 10% carried interest, which will take the Government's ownership in the Koka Gold Deposit to a total of 40%.
http://chalicegold.com/?id=361
No virus found in this outgoing message.
Checked by AVG - www.avg.com
Version: 9.0.872 / Virus Database: 271.1.1/3465 - Release Date: 02/24/11 08:34:00
----[This List to be used for Eritrea Related News Only]----