Start Press Press Releases Chalice Gold Mines Ltd. Chalice: Building an African Gold Mining Powerhouse


Chalice: Building an African Gold Mining Powerhouse PDF Print E-mail
Friday, 30 July 2010 02:12
  • Creating shareholder wealth through exploration and production:
    • Focused on East Africa, Listed on ASX (CHN), Listing on TSX (August 2010)
  • 100% owned Zara Gold Project, Eritrea (subject to gov’t project participation rights):
    • High-grade Ore Reserves of 760,000oz @ 5.1g/t: Koka Deposit
    • Forecast production of 104,000oz pa @ US$338/oz cash operating costs
    • Outstanding near-mine exploration upside in 6km long Koka-Konate corridor
    • Recent BLEG results define new gold targets over 10 km of strike
  • Feasibility Study completed July 2010: targeting mine development 2011
  • World-class exploration upside:
    • Koka-Konate gold system
    • Extensive land position in emerging Arabian-Nubian Shield
    • • Regional exploration applications made over 24,000 sq km
  • Poised for production, delivering growth through exploration
Company presentation (PDF 8 MB)
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