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Chalice Gold Mines Ltd to detail possible sale of Cameron Gold project

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Cashed up, dual listed Chalice Gold Mines Ltd (ASX:CHN,TSX:CXN) will announce details of a possible sale of its 100%-owned Cameron Gold Project in Ontario, Canada.

The company's shares will remain in a trading halt until Wednesday 4 May 2016.

Chalice’s balance sheet is very strong with cash of A$37 million as at 31 March 2016. This is equivalent to $0.13 per share cash while the shares last traded at $0.17.

Chalice had flagged it was targeting high-potential opportunities globally.

 


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Quick facts: Chalice Gold Mines Ltd

Price: 0.565 AUD

ASX:CHN
Market: ASX
Market Cap: $154.85 m
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