Golden Chalice Resources Inc. (TSX VENTURE:GCR) reported that it has engaged the services of SRK Consulting (Canada) Inc. to initiate a National Instrument 43-101 compliant resource audit and estimate on the Langmuir W4 Nickel deposit.

The press release is quoted as saying:

Three sub-vertical lenses (the A, B, and C Zones) that are open with depth, have been delineated to date within the W4 deposit. The A Zone, which comes to surface, hosts the bulk of the mineralization. Mineralization at the C Zone has been intersected 375 meters vertically below surface (0.56% nickel over a drilled width of 12.5 meters). Drilling suggests that true widths vary anywhere from 2.0 to 18.0 meters. The nickel zones consisting predominantly of pyrrhotite and pentlandite mineralization within komatiitic peridotites, also possesses accessory copper, cobalt, platinum and palladium.

Click here to access the entire press release ^[1]

Click here to access Golden Chalice Resources Corporate Site ^[2]