Eritrea’s Great Gold Potential – and Copper and Silver and Zinc!

The tale of Eritrea’s first major miner, Nevsun, which has had mixed fortunes this year and gold explorer, Andiamo Exploration, whose chairman has been a long time believer in the country’s mineral potential.

Eritrea’s substantial mineral deposits are largely unexplored

By  Lawrence Williams,

Two interesting presentations today at a Mining Journal Investor Seminar in London – one from an already operating, dividend-paying, miner in Eritrea with a remarkably good earnings profile and the other from a very early stage explorer looking for gold and VMS (Volcanic Massive Sulphide) copper-gold orebodies along the same trend.

The first of these will be obvious to anyone who follows activity in this remarkably prospective part of north-eastern Africa as it operates the only significant mine in the country Continue reading

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Chalice Gold Mines Raises $9.6m to Fund Gold Exploration in Eritrea

Zara deposit is ready for development - Chalice Gold Mines

proactiveinvestors.com.au

Chalice Gold Mines (ASX: CHN) has raised $9.6 million through a private share placement in order to fund further exploration and development of the company’s projects in Eritrea on the Horn of Africa.

The company has placed 32 million shares at $0.30 and has received strong support from investors. Continue reading

Chalice Gold Mines Raises $9.6m to Fund Gold Exploration in Eritrea

Zara deposit is ready for development - Chalice Gold Mines

proactiveinvestors.com.au

Chalice Gold Mines (ASX: CHN) has raised $9.6 million through a private share placement in order to fund further exploration and development of the company’s projects in Eritrea on the Horn of Africa.

The company has placed 32 million shares at $0.30 and has received strong support from investors. Continue reading

Chalice Gold Mines Raises $9.6m to Fund Gold Exploration in Eritrea

Zara deposit is ready for development - Chalice Gold Mines

proactiveinvestors.com.au

Chalice Gold Mines (ASX: CHN) has raised $9.6 million through a private share placement in order to fund further exploration and development of the company’s projects in Eritrea on the Horn of Africa.

The company has placed 32 million shares at $0.30 and has received strong support from investors. Continue reading