By Chalice Gold Mines Limited, Chalice Gold Mines Limited (ASX:CHN) (TSX:CXN) advises that it has agreed to enter into a joint venture with the Eritrean National Mining Corporation (“ENAMCO”) in relation to its Mogoraib North and Hurum Projects in Eritrea (“the MHJV”). The MHJV will be owned 60 per cent by Chalice and 40 per cent by ENAMCO (including a 10 […]
Continue ReadingBy TesfaNews, After Chalice Gold Mines (ASX: CHN; TSX: CXN) announced its intention to enter into a conditional short form agreement with China’s SFECO Group on selling its 60 percent share in the Zara Project in Eritrea, many thought it was a pack and leave for Chalice. However, Chalice announced today that it will definitely maintain its active […]
Continue ReadingBy Chalice Gold, Chalice Gold Mines (ASX: CHN; TSX: CXN) and Zara Mining Share Company (Chalice 60%, ENAMCO 40%) are pleased to announce that new drilling results have confirmed extensions to the high-grade mineralisation at the emerging Koka South discovery, located immediately south of its flagship Koka Gold Deposit, part of the Zara Gold Project in northern Eritrea. Results have now […]
Continue ReadingChalice Gold, Chalice Gold Mines Limited (ASX:CHN; TSX:CXN) is pleased to announce that, further to the announcement of 16 June 2011 in which it advised that it had reached agreement with the Eritrean National Mining Corporation (“ENAMCO”) for ENAMCO’s acquisition of a 30% participating interest in Chalice’s Zara Gold Project in Eritrea, East Africa, Chalice […]
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