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Chalice Gold (TSX:CXN) Feature Company

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Their portfolio currently has district-scale, high impact projects: the Pyramid Hill Gold Project in Victoria, Australia and the East Cadillac Gold Project in Quebec.

Additional Information:

Company: Chalice Gold
Website: http://www.chalicegold.com
Stock Symbol: TSX: CXN
Date Published: Jan 28, 2019
Transcript: Available

Video Transcript:

I’m Nadika Vizzy for Investmentpitch Media

Today’s feature company is Chalice Gold, a well-funded company focused on exploring and developing high potential gold and base metal projects.

Their portfolio currently has district-scale, high impact projects: the Pyramid Hill Gold Project in Victoria, Australia and the East Cadillac Gold Project in Quebec.

The 100% owned Pyramid Hill project is located in the Bendigo Zone of Victoria, Australia.

The area has historically produced in excess of 60 million ounces of gold with notable mines like Bendigo which produced 22 million ounces at 15 grams per tonne and Ballarat which produced 14 million ounces at 12 grams per tonne.

The Pyramid Hill project comprises of over 4,500 square kilometers of land holdings to the north of the historic mining area.

The opportunity the company is chasing is that The Bendigo Zone geology extends to the north but runs under overburden and has not been properly explored.

Chalice currently has a 15,000 meter drill program underway at one of three main areas, the Muckleford Area, with 3 large targets being drilled.

In Canada, the company has consolidated the large East Cadillac Gold Project land package in the prolific Abitibi greenstone belt in Quebec.

The land package has over 27 kilometers of strike along the Larder Lake Cadillac fault which is host to several world class gold mines including LaRonde, Malartic, Goldex, Sigma Lamaque and surrounds the historic Chimo high grade gold mine.

Previous drilling by the company in late 2017 through early 2018 resulted in 3 new discoveries on their ground.

Recent MMI soil sampling has identified two large-scale untested targets that will be the subject of an 8,100 meter diamond drilling program for January to March of this year.

Well funded with A$21 million cash in their treasury after returning more than A$10 million in capital to shareholders in December 2018, the company is actively drilling on two continents.

The shares are trading at $0.13 on the Toronto Stock Exchange.

For more information, please visit the company’s website, www.chalicegold.com, contact Alex Dorsch, CEO at (+618) 9322 3960, or email info@chalicegold.com.

I’m Nadika Vizzy for Investmentpitch Media