Ann: Chalice identifies gold-in-soil anomalies at Pyramid Hill, page-13

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kyngdominion

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16/07/18

14:55

Post #: 34370391
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Originally posted by eshmun ↑

CYL have the North Sebastian prospect on their ground and that fault is mapped to run into the CHN ground. Also, as I have said before, if you look at the attitude of the Bendigo gold deposits they have a directionality that corresponds to the direction of the Sebastian fault. Even a kindergartener can see this by looking at Figure 1 on the link you have kindly provided.

Also the CHN ground sits within the north running corridor defined by the large scale deep seated faults zones that control both the Ballarat and Bendigo gold camps.

Also the discovery of the richest operating gold mine in Victoria is in a zone parallel to the Whitelaw fault to the east. This would seem to suggest parallel zones to the Whitelaw-Tandarra fault zone are also high potential value and very prospective targets.

IMO the CHN ground offers some very high value potential based on all of the above and if the BLEG sampling combined with gravity work is effective, the needle in a haystack starts to look more like shooting fish in a barrel. CYL have proved the concept that the search for gold under the Murray river sediments is not pie in the sky. The new Victorian gold rush is just beginning and CHN has one of the box seats.

Also having quickly reviewed the state of the CYL joint ventures (I still need to do some more detailed research) the value of their Whitelaw-Tandarra tenure is more like $180 million (not the $93 million I’d previously quoted in the thread above). Given that the market currently values the CHN ground at $ zero, I’d suggest that even someone who is only here to troll me (because they don’t like my opinion on the long run value of DRM, see you at the end of 2 years like I said), might be able to understand that there is a lot of upside value here if CHN manages to strike gold even in one drill hole. The parallels to CYL and Kirkland on the first gold strike will draw the speculators in like flies. Also CYL might do half the work for CHN even before their second licence is granted if they get some good strikes from their North Sebastian prospect. I say Just sit tight and wait for the fireworks to start boys and girls.Esh

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someone who is only here to troll me (because they don’t like my opinion on the long run value of DRM, see you at the end of 2 years like I said),

Really.....I couldn't care less of your opinion on DRM - If anyone was to have invested 100k in CHN back when you first mentioned it on the DRM site they would be now down $14705.00 instead of being up $30769.00 if they invested the same $100k in DRM.....Only here because I'm interested in seeing how this pans out...might even take a stake (gamble) in CHN with all the money I've made on DRM recently.. buying in with a large holding at less than 0.20c...GLTACHN Holders

CHN Price at posting: 14.5¢ Sentiment: None Disclosure: Not Held
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Ann: Chalice identifies gold-in-soil anomalies at Pyramid Hill, page-13

Top Stories

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