Why Invest

Be part of a highly prospective yet previously untapped gold and base metal region with first gold production planned in 2011.

• Chalice owns an 100% interest* in the strategically-positioned Zara Project in Eritrea, East Africa. The Company recently completed a Feasibility Study, with development targetted to commence in 2011.
• The Zara Project provides an opportunity for investors to participate in the development of a high grade gold project in a period of rising gold prices.
• A preliminary geological assessment of the region indicates that there is considerable opportunity to locate additional ore bodies in similar geological settings along strike from the main Koka Gold Deposit.
• Chalice holds a substantial land package of 615 square km with little, if any, exploration. An aggressive exploration program will provide a unique opportunity for the discovery of additional gold and base metal deposits.
• Chalice is well funded, with sufficient financial resources to develop the Zara Project and to conduct an aggressive exploration program.
• Chalice is led by a Board of Directors and management who have the requisite corporate, commercial and technical skills and experience to manage and operate a progressive mining company.

*The Government of Eritrea has a 10% non-contributing interest in any mining operation, but may acquire, on the basis of an independently determined valuation, an additional 20% contributing interest.