Chalice 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 […]
Continue ReadingChalice Gold Mines has shown progress in commercial discussions with ENAMCO on the terms and purchase price for the acquisition of ENAMCO’s 30% paid participating interest in the Zara Project. The project permitting process, including negotiation of the Mining Agreement, is also proceeding as expected.
Continue Readingproactiveinvestors.com Chalice Gold Mines (TSX:CXN)(ASX:CHN) announced Thursday that it has been granted two new major exploration licenses in Eritrea, covering 830 sq kilometres in the northern part of the country. The new licences, Mogoraib North and Hurum, add to the company’s existing exploration tenure in the region as part of the Zara project. Chalice has […]
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