Chalice Gold Mines Limited - Croteau Est Joint Venture Update
22.12.2015 | CNW
PERTH, Western Australia, Dec. 22, 2015 /CNW/ - Chalice Gold Mines ("Chalice" or "The Company") ASX:CHN TSX:CXN advises that the Company has completed an internal review of exploration assets, and in the light of current market conditions taken the decision to withdraw from the farm-in joint venture with Northern Superior Resources Inc. (TSX-V: SUP) without earning an interest in the project. Pursuant to the joint venture agreement, Chalice has met its minimum commitment to spend CAD$500,000.Shares outstanding: 282 million
Fully diluted: 292 million
SOURCE Chalice Gold Mines Ltd.
Contact
Tim Goyder, Managing Director
Gary Snow, COO
Chalice Gold Mines Ltd.
Telephone +61 9322 3960