STTCOMP CHN FA LONG
Gold
Mkt cap-41mill
Cash-22mill+
SP-15.5c
http://www.chalicegold.com/
Two major Gold projects
Pyramid Hill Gold Project, Victoria (100%)
- District-scale 4,500km2 land holding in the highly prospective and reinvigorated Bendigo gold district.
- Located NW of the >22Moz Bendigo Goldfield and NW of the >7Moz Fosterville Gold Mine, (owned by Kirkland Lake Gold - NYSE / TSX: KL | ASX: KLA). The mine is one of the world's highest-grade gold mines and is currenlty the largest gold producer in Victoria.
East Cadillac Gold Project, Quebec (70-100%)
- 245km2 area covering 27km of strike along the Larder Lake-Cadillac Fault, the most prolific gold trend in the southern Abitibi, with proven endowment of c.100 million ounces.
- The Project is on strike with several significant gold mines, including Agnico Eagle's - LaRonde (c.12Moz @ ~5g/t), Eldorado's - Sigma Lamaque (c.11Moz @ ~ 7g/t), Canadian Malartic (c. 16Moz @ ~1.1g/t) and Agnico Eagle's - Goldex (c.5Moz @ ~1.7g/t).
- Maiden 27,600m diamond drill program completed in 2018, resulting in 3 new gold discoveries.
- Second phase of drilling scheduled for early 2019.
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