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Chalice Gold Mines Limited is an East African-focused company developing the high grade 840,000 ounce Koka Gold Deposit, part of the Zara Project in Eritrea. Chalice has recently completed a Feasibility Study, with development targetted to commence in 2011.

An aggressive exploration program for gold and base minerals is also being undertaken to rapidly expand the existing resource base in the virtually untouched, yet highly endowed Arabian-Nubian Shield.