3 cups Corn Chex® cereal
3 cups Rice Chex® cereal
1/2 bag (14-oz size) caramels (about 25)
2 Tbsp. butter or margarine
2 Tbsp. milk
1/4 cup semisweet chocolate chips (I used milk chocolate chips, they're Nate's favorite)
In large microwavable bowl, mix cereals.
In medium microwavable bowl, microwave caramels, butter and milk uncovered on High 2 to 3 minutes, stirring after each minute, until caramels are melted and mixture is smooth. Pour over cereals; gently stir until evenly coated.
Microwave on High 3 to 4 minutes, stirring after each minute, until just beginning to brown. Spread on waxed paper to cool.
In small microwavable bowl, microwave chocolate chips uncovered on High about 1 minute or until chocolate can be stirred smooth. Drizzle over snack. Refrigerate until set. Store in airtight container.