Chalice has multiplied its exploration areas plentifully over the past year. It has diversified from gold prospects to industrial metals such as V and Cu. Even with their cash balance, they must be pushing things without partners contributing to exploration activity.
Vanadium is a risk prone arena subject to boom/bust with rapid supply from existing sources while Cu is of course a staple metal that moves in line with international economic activity.
These guys have been pretty good in the past at proving prospects and flogging them off at a good profit. In the past couple of years they have homed in on some prospectve gold areas in Canada and Australia.
I am targeted on the Au prospects and happy to support CHN for this.
Article - 'Chalice thinks it could be onto something big', page-44
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