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Chalice Gold Mines Limited is an East African-focused company developing the high grade 1 million ounce Zara Project in Eritrea. Chalice has already completed a Scoping Study and is currently conducting a Feasibility Study with a targeted first production 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.