Chalice, flat last night... happy Thanksgiving Canada
The tenements, to the west and south of the existing West Pilbara Project area, cover the continuation of the major structures paralleling the southern and western margins of the Hamersley Basin and the stratigraphy of the Ashburton and Fortescue Group. Chalice will immediately embark on an assessment of the application area to confirm (or not) the presence of the basal conglomeratic unit of the Fortescue Group. This highly prospective unit hosts some of the recently reported gold discoveries in the Pilbara by companies including Novo Resources (TSX-V: NVO), Artemis Resources (ASX: ARV) and De Grey Mining (ASX: DEG). In addition, Chalice's tenement applications are adjacent to Novo Resources' tenements in the Wyloo Dome area.
Read more at https://www.stockhouse.com/news/press-releases/2017/09/29/west-pilbara-gold-project-new-gold-and-base-metal-drilling-programs-to-commence#z3YfwJq4f6vFsR6Y.99