BRIEF-Chalice Gold Mines to acquire Globex's interest in Nordeau Gold Project

Tue Oct 11, 2016 5:43pm EDT
 
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Oct 12 (Reuters) - Chalice Gold Mines Ltd :

* Chalice enters option to acquire gold project in Quebec

* Deal to acquire Globex's interest in Nordeau Gold Project located in Abitibi region of Quebec Canada

* Entered into a binding option and farm-in term sheet with Globex Mining Enterprises Inc

* May acquire interest in Nordeau Gold Project for C$590,000 and incurring exploration expenditures of C$2.5 mln over 4 years Source text for Eikon: Further company coverage: