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Chalice builds Abitibi base

Richmont deal establishes contiguous position on producing structure

Chris Cann
Richmont is free to concentrate on its operating assets while maintaining exposure to Chimo

Richmont is free to concentrate on its operating assets while maintaining exposure to Chimo

Chalice will also make option payments of C$200,000 to Richmont, which in addition will claim a net smelter royalty over areas not already carrying one.  For all that, Chalice will earn 70% of the project...

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