Chalice Gold Mines Limited (ASX: CHN) made substantial progress in the March quarter towards its goal of becoming a significant African gold producer based on its rapidly advancing Zara Project in Eritrea.

Completion of infill drilling at Koka Main has continued to confirm the high grade nature of the ore body and these results will form part of a revised resource estimate expected to be completed in the June quarter.

Chalice now also has the option to take a 100 per cent* ownership interest in Zara following execution of an option agreement over the remaining 20 per cent of the project from Dragon Mining Limited.

Chalice has also announced its intention to list on the Toronto Stock Exchange, which will provide increased exposure to the larger North American and European capital markets. The Company has engaged Canadian broker and corporate advisory firm Haywood Securities Inc to act as the Company’s sponsor for the intended application for the TSX listing.

Quarterly Report

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2. Chalice Gold Mines Plans Listing on Toronto Stock Exchange
3. Chalice Gold Mines Entitled to A$5 Million Following Merger with Sub-Sahara Resources
4. Eritrea: Audio Broadcast with Executive Chairman of Chalice Gold Mines Limited
5. Chalice Gold Mines: Drilling Results Confirm High Grade Koka Gold Deposit in Eritrea
6. Chalice Gold adds $450000 to Sub-Sahara Gold Project Eritrea
7. Chalice Acquires Full Ownership of Zara Gold Project, Eritrea
8. South Boulder Mines Quarterly Operations Report
9. Chalice Gold Mines Video: Developing a High Grade Gold Mine in Eritrea