Brief: Chalice Gold Mines Enters Option To Acquire Up To An 80 Percent Interest In Denain-Pershing Project
May 3 (Reuters) - Chalice Gold Mines Ltd CHN.AX :
* TO ACQUIRE UP TO AN 80 PERCENT INTEREST IN DENAIN-PERSHING
PROJECT FROM RENFORTH RESOURCES INC.
* TO EARN INTEREST IN PROJECT BY MAKING OPTION PAYMENTS OF
C$200,000 & FUNDING EXPLORATION EXPENDITURES OF C$1.25 MILLION
OVER 3 YRS
Source text for Eikon: urn:newsml:reuters.com:*:nASX3KDMf9
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