Peanutty Chocolate Fudge

Directions

1. 1
   In a heavy 3-quart saucepan, combine sugar, evaporated milk and caramels.
2. 2
   Cook and stir over medium-high heat until mixture comes to an overall boil.
3. 3
   Let boil for 5 minutes, stirring continuously. Remove from heat and stir in chocolate chips and peanuts, until chips are melted.
4. 4
   Pour mixture into a buttered 8-inch square pan. Let cool completely.
5. 5
   Cut into 64 (1-inch) squares.