| Chalice Gold Mines Limited - DECEMBER 2014 Quarterly Report and Cashflows | |
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Symbol: ASX: CHN TSX: CXN
Shares outstanding: 282 million
Fully diluted: 287 million
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PERTH, Western Australia, Jan. 30, 2015 /CNW/ - Chalice Gold Mines ("The Company") ASX:CHN TSX:CXN advises that its Activity and Cash Flow Reports for the quarter ended December 31, 2014 have been issued today. The full texts of these reports are available at the Company's website www.chalicegold.com and under the Company's profile at www.sedar.com.
Quarterly Highlights
- In light of increasing gold prices, Chalice has decided to commence preparation of a Preliminary Economic Assessment (PEA) for the Cameron Gold Project in Ontario, Canada.
- The PEA is expected to be completed this Quarter, laying the foundations for possible feasibility studies.
- Business development and exploration activities continued in Canada and North America, where Chalice is aiming to consolidate its position at the Cameron Gold Project and secure additional high-potential opportunities.
- Near-mine targeting exercise completed at Cameron which will form the basis of the 2015 exploration program, aimed at increasing ounces and enhancing project economics.
- Chalice's balance sheet remains strong with cash of A$42.7M at 31 December 2014.
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Chalice Gold
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DEVELOPMENT STAGE |
CODE : CHN.AX |
ISIN : AU000000CHN7 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Chalice is a gold development stage company based in Australia. Its main asset in development is KOKA (ZARA GOLD) in Eritrea and its main exploration properties are WILGA, YANDEEARRA and GNAWEEDA in Australia. Chalice is listed in Australia. Its market capitalisation is AU$ 324.5 millions as of today (US$ 218.2 millions, € 196.9 millions). Its stock quote reached its lowest recent point on December 19, 2014 at AU$ 0.10, and its highest recent level on November 12, 2021 at AU$ 9.95. Chalice has 261 680 000 shares outstanding. |