I'm in the market for a few now.
Frankly though I can't get excited looking at the target areas surrounding the old Chimo gold mine with only 379oz of historic production.
What hooked me in is the aggression of the drilling programs (trying to beat the weather with four rigs) and the fact it can all be easily funded from the existing treasury.
and this
The East Cadillac Gold Project encompasses a contiguous ~16km strike length of the Larder Lake-Cadillac fault, surrounding the former producing Chimo gold mine. The Project is ~35km east of the >20Moz Val d’Or gold camp, in a region with known gold endowment of >100Moz.
They must have some reasonable belief that the ground around this clapped out old gold mine in the frosted back blocks of Canada has potential for something larger.
Also I've never invested in a Canadian prospect before.Esh
Ann: Chalice expands drilling program at East Cadillac Gold, page-6
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