CHN 4.51% $1.39 chalice mining limited

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  1. KKR
    738 Posts.
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    Afternoon folks.

    I'm assuming some of you saw the email from Chalice 22 December? For those that haven't see attached and a copy below.

    All the best.

    KKR

    http://emarketing.dashdigital.com.a...EF23F30FEDED/62951D214DDD16B2E89F0E32AAFB68BF

    An exciting year ahead for shareholders

      
    2017 has been a significant period of exploration for Chalice, with an extensive portfolio across Canada and Australia acquired and developed during the year. Exploration activities are underway across the portfolio, with strong news flow expected into early 2018. The new year is predicted to be an exciting period for the Company as it continues to demonstrate the value of its exploration portfolio and accelerates its search for new assets.

    The Company continued to increase its ground position in Canada over the course of the year, consolidating multiple land holdings with known gold endowment at the flagship East Cadillac Project. The continued expansion of our land holding and scale of our activities in the premier gold district of Canada demonstrates our excitement for the Project. Diamond drilling at the Project is continuing into the new year, along with a maiden drilling program at the nearby Kinebik Project. The Company remains focused on Canada and is determined to increase awareness of the scale of our exploration effort in the region.

    Chalice remains in a very strong financial position, with ~A$48M in cash and investments (as of end Sept-17), allowing us to continue to advance and acquire projects quickly and at scale. We look forward to bringing you more positive developments and exciting results in 2018, and wish all of our followers a merry Christmas and a happy and prosperous new year.

    Regards
    Tim Goyder
    Managing Director
 
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