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Step 1
In a large bowl, mix together the powdered sugar, butter, condensed milk and vanilla extract. Using your hands, knead until it forms a thick paste. Refrigerate for an hour, or until firm and cold.
Step 2
Make sure the cherries are well drained and pat them dry. Line a large baking sheet with parchment or wax paper. Set aside.
Step 3
When the mixture is firm, scoop out about 2 teaspoons and form it around each cherry, placing them on the prepared baking sheet. I find that rolling the mixture into a ball and then flattening it into a disk is the easiest way to cover the cherry.
Step 4
Place the baking sheet in the freezer for at least an hour until firm.
Step 5
When ready to assemble, melt the chocolate chips in a microwave safe bowl in 30 second increments, stirring after each, until melted.
Step 6
Remove the cherries from the fridge and dip into the melted chocolate, placing back on the lined baking sheet.
Step 7
Refrigerate the cherries for about an hour until the chocolate is set and firm.