Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
Cours Or & Argent
Chalice Gold Mines Limited Quarterly Activity and Cashflow Reports
Published : April 12, 2011
( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter

PERTH, WESTERN AUSTRALIA--(Marketwire - April 12, 2011) - Chalice Gold Mines ("The Company") (TSX:CXN)(News - Market indicators) advises that its Activity and Cash Flow Reports for the quarter ended March 31, 2011 have been issued today. The full texts of the Reports are available at the Company's website www.chalicegold.com and under the Company's profile at www.sedar.com.

Highlights:

  • New drilling programs to commence in April at the Zara Gold Project in Eritrea targeting additions to the current 840,000oz Indicated Mineral Resource after completion of near mine and regional exploration activities during the March Quarter.

  • Drilling will initially test several attractive new targets revealed by a recently completed Induced Polarisation (IP) survey undertaken over the Koka-Konate corridor.

  • Significant new soil anomaly (>50ppb) identified at Hamid Keir (Zara North) which extends over a strike length of 1,400m and is up to ~ 120m wide, with soil gold values ranging up to 23,000ppb and 29,500ppb.

  • Two new Exploration Licences granted in Eritrea:

    • Mogoraib North EL (555km2), 10km north of Nevsun Resources' world-class Bisha gold and base metal deposit.

    • Hurum EL (275km2) which adjoins Zara South and straddles the same major regional structure hosting the Koka Deposit.

  • Initial exploration program involving geological mapping, geochemical sampling and an airborne magnetic, radiometric and electro-magnetic (EM) survey using the VTEM system set to commence at Mogoraib North.

  • Airborne magnetic and radiometric survey completed over Zara and Hurum Exploration Licences.

  • Commercial discussions progressed with ENAMCO to agree the terms and purchase price for the acquisition of their 30% paid participating interest in the Zara Project.

About Chalice Gold Mines Limited:

Chalice Gold Mines Limited, based in Western Australia, owns 100% of the strategically positioned 615 square kilometres Zara Project in Eritrea, East Africa. Chalice has completed a Feasibility Study, with development targeted to commence in 2011. The Government of Eritrea has the right to acquire, at fair value, a 30% interest in the Project in addition to a 10% carried interest.

In addition to the Zara project, Chalice has recently been granted a number of major exploration licences totalling more than 1,000 square kilometres. All of the new licences are in the proximity of the Zara Deposit and the world-class Bisha Deposit and share the same geology. 

Chalice's exploration tenure remains virtually untouched by modern exploration, with numerous artisanal gold mining sites, gold geochemical anomalies presenting numerous targets for immediate follow-up. Based on these targets and others being generated by an active exploration program, Chalice expects to quickly build on its existing Koka gold resource to maximise the project's economic potential.

Chalice has a Board of Directors and management with a wealth of expertise in the mining and exploration sectors both in Africa and Australian. The robust gold resource at the Koka Deposit and the potential for further gold and base metals discoveries within the Company's tenure places Chalice in an excellent position for rapid future growth.

All material information on Chalice can be found on the Company's website at www.chalicegold.com or at SEDAR at www.sedar.com.

DR DOUG JONES, Managing Director

Competent Persons and Qualified Person Statement

The Mineral Resource estimate was prepared by Mr. John Tyrrell who is a Member of the Australasian Institute of Mining and Metallurgy. Mr. Tyrrell is a full time employee of AMC and has sufficient experience in gold resource estimation to act as Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code)' and is a Qualified Person under National Instrument 43-101 – 'Standards of Disclosure for Mineral Projects'. Mr Tyrrell consents to the inclusion of this information in the form and context in which it appears.

Sampling Procedures and Quality Assurance

Soil samples are collected from sites located using GPS. Soil material is collected from a depth of 5-20cm with a plastic trowel and sieved to 180µm mesh using stainless steel sieves. Approximately 120 grams of material is placed into two small Kraft paper sample bags, sealed and tagged with a unique number, with both bags being numbered identically. One of these samples is sent to NATA-accredited Intertek-Genalysis Laboratories in Perth Western Australia for assay whilst the other sample is retained as a duplicate in the Chalice Eritrea sample storage.

Samples are analysed for multi-element suites using ICP-OES after aqua regia digest on a 25g sub-sample and vacuum filtering prior to voluming to preclude errors resulting from insoluble residues. Au is analysed as an additional element utilizing Graphite Furnace AAS. Chalice Gold Mines inserts field blanks, field duplicates, repeats and certified reference materials (CRMs) into its sample sequences sent to the routine and umpire laboratories to control the accuracy and reliability of the analytical results.

Blank samples are introduced at the rate of 1 per 20 to 25 routine samples to test contamination during sample preparation. Certified reference materials (CRMs) are submitted with all sample batches at the rate of 1 per 20-25 routine samples. The CRM's inserted have values ranging from very low to high grade. 5% of the returned coarse reject samples are routinely submitted to an umpire laboratory (Ultra-trace Laboratories, Perth, Western Australia) to test the analytical precision of the principal laboratory. Standard samples are included at a rate of 1 per 20 routine samples and there is at least one standard per submission. The Company monitors the QA/QC information to ensure there are no systematic biases or overall analytical quality issues.

Rock-chip samples are collected and assayed in essentially the same manner except that the sieving step is omitted and 1-2 kg of sample is collected and bagged in a heavy-duty plastic bag before dispatch to Intertek-Genalysis Laboratories.

Diamond drill core is logged and photographed prior to splitting with a core saw. One half of the core is retained on site whilst the other half is bagged and dispatched to Africa Horn Preparation facility (a division of NATA-accredited Intertek-Genalysis Laboratories) in Asmara for crushing to -2mm and splitting. As per the above, certified reference materials (CRMs) are submitted with all sample batches at the rate of 1 per 20-25 routine samples. The coarse reject is stored and the split sub-sample is pulverised to a nominal 95% passing -75 micron using an LM2 pulveriser.

The pulverised pulp is further spilt into two 100g to 150g sub-samples; a primary pulp sample is sent for analysis and a duplicate pulp sample is kept as a reference and the remaining fine (75 micron) reject is stored. A quartz wash is pulverized between samples and is stored for random testing of preparation contamination.

The sample pulps are transported by air to NATA-accredited Intertek-Genalysis Laboratories in Perth Western Australia for assay. For drill core and RC samples used for resource analysis the majority of gold assaying is completed using a lead collection of 50g fire assay method with an atomic absorption spectroscopy (AAS) finish. Additional specified multi-element assays are carried out by ICP-OES on 25g sub-sample prepared using aqua regia digest. Bulk density determinations using water immersion method are carried out on every metre of core within expected mineralisation and every 10m within waste zones. QA/QC monitoring is applied to all drill core assays as per the protocols described above.

Forward Looking Statements

This document may contain forward-looking information within the meaning of Canadian securities legislation and forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, forward-looking statements). These forward-looking statements are made as of the date of this document and Chalice Gold Mines Limited (the Company) does not intend, and does not assume any obligation, to update these forward-looking statements.

Forward-looking statements relate to future events or future performance and reflect Company management's expectations or beliefs regarding future events and include, but are not limited to, statements with respect to the estimation of mineral reserves and mineral resources, the realization of mineral reserve estimates, the timing and amount of estimated future production, costs of production, capital expenditures, success of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage. In certain cases, forward-looking statements can be identified by the use of words such as plans, expects or does not expect, is expected, budget, scheduled, estimates, forecasts, intends, anticipates or does not anticipate, or believes, or variations of such words and phrases or statements that certain actions, events or results may, could, would, might or will be taken, occur or be achieved or the negative of these terms or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of mineral resources; possible variations in ore reserves, grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; as well as those factors detailed from time to time in the Company's interim and annual financial statements and management's discussion and analysis of those statements, all of which are filed and available for review on SEDAR at sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

Accordingly, readers should not place undue reliance on forward-looking statements.

Shares outstanding: 218 million
Fully diluted: 225 million


Chalice Gold Mines Limited
Mr Tim Goyder
Executive Chairman
(+618) 9322 3960
or
Chalice Gold Mines Limited
Dr Doug Jones
Managing Director
(+618) 9322 3960
+618 9322 5800 (FAX)
info@chalicegold.com
www.chalicegold.com
or
For media inquiries, please contact:
Read Corporate
Nicholas Read
(+618) 9388 1474
or
For North American Investors, please contact:
Joanne Jobin
647 964 0292
jjobin@chalicegold.com

Chalice Gold

EN DÉVELOPPEMENT
CODE : CHN.AX
ISIN : AU000000CHN7
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Chalice est une société développant des projet miniers d'or basée en Australie.

Son principal projet en développement est KOKA (ZARA GOLD) en Erythree et ses principaux projets en exploration sont WILGA, YANDEEARRA et GNAWEEDA en Australie.

Chalice est cotée en Australie. Sa capitalisation boursière aujourd'hui est 384,7 millions AU$ (262,2 millions US$, 235,8 millions €).

La valeur de son action a atteint son plus bas niveau récent le 19 décembre 2014 à 0,10 AU$, et son plus haut niveau récent le 12 novembre 2021 à 9,95 AU$.

Chalice possède 261 680 000 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Dans les médias de Chalice Gold
21/03/2019Chalice files new 43-101 for East Cadillac property
Financements de Chalice Gold
20/05/2011Announces Financing
Nominations de Chalice Gold
07/07/2011Appoints Chief Operating Officer and Executive Director
Rapports Financiers de Chalice Gold
30/09/2014Announces 2014 Annual Financial Statements
15/09/2011Announces 2011 Annual Financial Statements
Projets de Chalice Gold
06/07/2016Sale of Chalice's interest in the Ardeen Project
04/07/2016Chalice advances gold exploration initiatives
06/05/2016Frontline announces acquisition of Rainy River Properties St...
18/02/2011(Koka (zara Gold))Advances discussions on ENAMCO's acquisition of 30% of the Z...
22/06/2010(Koka (zara Gold)) Exercises Option to Acquire Dragon Mining's Stake in the Za...
17/05/2010(Koka (zara Gold))Koka Deposit Feasibility Study Update
22/02/2010Substantial drilling results confirm high-grade nature of Ko...
19/01/2010(Koka (zara Gold))Further Results From Koka Drilling
29/12/2009(Wilga)Sale of Wilga Gold Project to AngloGold Ashanti Australia Li...
30/10/2009(Koka (zara Gold))Koka Project Stands to be a Highly Profitable Gold Mine: Sco...
19/10/2009(Koka (zara Gold))Upgrades Regional Potential at Zara Project in Eritrean
Communiqués de Presse de Chalice Gold
22/09/2016Clarification Announcement
29/07/2016Daily share buy-back notice - Appendix 3E
29/07/2016Notification of Cancellation of Shares - On-Market Buy-Back
29/07/2016Lapsed Performance Rights
29/07/2016Issue of Performance Rights
27/07/2016Quarterly Activities Report and Cashflow
04/07/2016Issue of Unlisted Options
24/06/2016Non-executive Director Appointment
16/06/2016Announcement of buy-back and Appendix 3C
10/06/2016Results of General Meeting
10/06/2016Chalice completes sale of Cameron Gold Project
06/05/2016Notice of General Meeting/Proxy Form
04/05/2016Chalice to Sell Cameron Gold Project to First Mining Finance
21/01/2016Receipt of deferred consideration
22/12/2015Chalice Gold Mines - Croteau Est Joint Venture Update
22/12/2015Lodgement of 43-101 Technical Report
01/12/2015Analyst Research Report
24/11/2015Results of Meeting
29/09/2015Lodgement of Annual Information Form
28/09/2015Appendix 4G and 2015 Corporate Governance Statement
28/09/2015Full Year Statutory Accounts
25/09/2015Amendments to Securities Trading Policy
20/07/2015Mines - June 2015 Quarterly Report and Cashflows
20/07/2015Quarterly Report and Cashflow Report
01/07/2015Lapsed Performance Rights
22/04/2015Farm-in agreement on advanced Canadian gold project
21/04/2015IIROC Trade Resumption - CXN
21/04/2015Chalice expands North American presence with farm-in deal on...
15/04/2015Mines - March 2015 Quarterly Report and Cashflows
15/04/2015Quarterly Activities and Cashflow Report
27/03/2015Mines Limited - Webb Diamond Project Update
27/03/2015Webb Diamond Project Update
23/03/2015Chalice buys back royalty at Cameron Gold Project
10/03/2015buys back royalty at Cameron Gold Project
30/01/2015Chalice Gold Mines Limited - DECEMBER 2014 Quarterly Report ...
19/01/2015Lapsed Performance Rights
09/01/2015Notification of Cancellation of Shares - On Market Buy Back
19/12/2014Daily share buy-back notice - Appendix 3E
09/12/2014Completion of minimum holding share buy-back
26/11/2014Results of Annual General Meeting 2014
26/11/2014Chairman's address to shareholders
26/11/20142014 AGM Presentation
19/11/2014Clarifying News Release
17/10/2014Mines Limited - Minimum shareholding buy-back
15/10/2014Resignation of Joint Company Secretary
30/07/2014Chalice Gold Mines Limited - JUNE 2014 Quarterly Report and ...
30/07/2014Mines Limited - JUNE 2014 Quarterly Report and Cashflows
28/07/2014Chalice files updated 43-101 Technical Report
23/07/2014acquires the Dubenski Gold Deposit, Canada
14/04/2014increases holding in GeoCrystal Limited to 24 per cent
03/03/2014announces on-market share buyback
25/02/2014Announces 2013 Half Year Accounts
28/01/2014Mines Limited - Court Approves Plan of Arrangement
11/10/2013Mines and Coventry Resources Agree to Extend Due Diligence C...
30/09/2013Mines and Coventry Resources to Merge
25/09/2013Gains Exposure to Two Prospective Exploration Projects in Au...
16/04/2013Mines - March 2013 Quarterly Report
02/02/2013Mines Limited - New Managing Director commences
23/10/2012Mines Limited - Update on Capital Reduction and Return
04/10/2012to recruit new Managing Director as it enters new phase of g...
24/09/2012announces proposed capital reduction and return
29/07/2011and ENAMCO Execute Shareholders' Agreement
14/07/2011Mines: Activity and Cash Flow Report for Quarter Ended June ...
15/06/2011and ENAMCO Reach Agreement Terms for Joint Ownership of the ...
09/06/2011Near-Mine Drilling Commences at Zara
09/05/2011Mines Limited: Major New Near-Mine Drilling Campaign to Comm...
12/04/2011Mines Limited Quarterly Activity and Cashflow Reports
27/01/2011Granted Two Major Exploration Licences in Eritrea
09/08/2010$12.6M Underwritten Rights Issue to Accelerate Exploration a...
13/07/2010Feasibility Finds Koka Gold Project Robust and Viable
04/06/2010Maiden 760,000oz Ore Reserve for Zara Gold Project, East Afr...
23/04/2010Quarterly Report 31 March 2010
29/12/2009Mines: Investment in London Africa Ltd
22/12/2009First Assays from Koka Drilling
02/09/2009Raises $4.4 Million
16/08/2009Set to Complete African Gold Merger Following Key Court Appr...
04/06/2009Merger Update
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
AUSTRALIA (CHN.AX)
1,47+1.03%
AUSTRALIA
AU$ 1,47
19/09 11:00 0,010
1,03%
Cours préc. Ouverture
1,46 1,43
Bas haut
1,40 1,49
Année b/h Var. YTD
0,880 -  1,81 -12,50%
52 sem. b/h var. 52 sem.
0,880 -  2,58 -44,94%
Volume var. 1 mois
4 838 979 44,12%
24hGold TrendPower© : -6
Produit
Développe Gold
Recherche Gold
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 26/11/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
2024-13,53%1,920,86
2023-73,02%8,201,39
2022-34,38%9,103,37
2021146,15%9,9510,02
20201672,73%4,440,15
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,09 AU$+0,57%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 +4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
9,17 US$+2,92%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,60 GBX+1,18%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,05 CA$+10,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,10 CA$+1,94%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
13,38 +5,60%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,34 +0,00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,18 AU$+0,00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,85 +4,52%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
40,97 US$+1,49%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+0,00%Trend Power :
Profitez de la hausse des actions aurifères
  • Inscrivez-vous à notre market briefing minier
    hebdomadaire
  • Recevez nos rapports sur les sociétés qui nous semblent
    présenter les meilleurs potentiels
  • Abonnement GRATUIT, aucune sollicitation
  • Offre limitée, inscrivez-vous maintenant !
Accédez directement au site.