[dehai-news] (CG) ERITREA: 7 reasons to invest in Chalice Gold


New Message Reply About this list Date view Thread view Subject view Author view

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]----


New Message Reply About this list Date view Thread view Subject view Author view


webmaster
© Copyright DEHAI-Eritrea OnLine, 1993-2011
All rights reserved