Chalice Mining Limited · ASX:CHN

Chalice Mining — Chalice Gold Mines — Merger or Acquisition (April 2009)

12 slides from Chalice Mining's merger presentation, Apr 21, 2009

  1. Slide 1: Merger Presentation April 2009

    Chalice Gold Mines Limited For personal use only Sub-Sahara Resources NL Merger Presentation April 2009 www.subsahara.com.au www.chalicegold.com

  2. Slide 2: Disclaimer

    Disclaimer For personal use only The material used in this presentation is intended to be a summary of the proposed merger between Chalice Gold Mines Limited and Sub Sahara Resources NL and includes activities that are current and proposed based on the information available to Chalice Gold Mines Lim

  3. Slide 3: Merger Snapshot

    y Chalice Gold Mines and Sub-Sahara Resources have agreed, subject to consents and approvals, to merge by way of a Scheme of Arrangement For personal use only y Scheme consideration will comprise 1 Chalice Share for every 10.73 Sub-Sahara Shares y The proposed merger will combine Chalice’s strong ca

  4. Slide 4: Post Merger Snapshot

    y Approximately 121M shares on Post Merger Board issue on completion of the For personal use only Tim Goyder (Executive Chairman) merger Doug Jones (Managing Director) y Post merger market capitalisation of $17M (based on Mike Griffiths (Executive Director) Chalice share price of $0.14) Anthony Kier

  5. Slide 5: Potential of the Arabian-Nubian Shield

    y Zara Gold Project lies within the Precambrian For personal use only Arabian-Nubian Shield y Host to numerous +1Moz deposits and mines with a history dating back to ancient times y Gold endowment >20Mozs – but largely unexplored in modern times y Various deposit types including mesothermal & epithe

  6. Slide 6: Koka Deposit resource

    y Koka Deposit - JORC compliant Indicated and Inferred resource of 5.13 Mt grading 6.31 g/t gold for 1.04Moz contained For personal use only y Current resource based on results from 79 diamond drill holes (9,036 metres drilled) y Resource currently being updated using results from an additional 30 d

  7. Slide 7: Koka Deposit - Mineralisation

    y Quartz stockwork system cutting For personal use only micro-granite sill Galena y Limited oxide – bulk of resource is primary sulphide Visible Gold y Coarse sulphide blebs associated Pyrite with quartz veins y Visible gold & high gold values associated with pyrite, galena, sphalerite & minor chalc

  8. Slide 8: Koka Deposit – 3D Model

    For personal use only Se cti on 98 40 N Koka Deposit – 3D Model 8

  9. Slide 9: Koka Deposit – Section 9840N

    For personal use only 33m @ 4.17 g/t 28m @ 8.16 g/t 18m @ 9.46 g/t 7m @ 23.29 g/t Koka Deposit – Section 9840N 9

  10. Slide 10: Exploration Upside – virtually untouched

    Koka Prospect For personal use only OR Konate Prospect ORRID Fah Prospect C URAL T STRUC Debra Keyih ZARA Debra Tsaeda Prospect Prospect Exploration Upside – virtually untouched 10

  11. Slide 11: Indicative Merger Timetable

    Execution of MIA (proposed) 21-22 April 2009 For personal use only Lodging Scheme Booklet with ASX and ASIC 11 May 2009 First Court Hearing 26 May 2009 Despatch of Notice of Meeting & Scheme Booklet to SBS Shareholders 1 June 2009 Scheme Meeting 1 July 2009 Second Court Hearing 9 July 2009 Lodging o

  12. Slide 12: Competent Persons Statement

    Competent Persons Statement For personal use only The information in this report that relates to Exploration Results is based on information compiled by Dr Doug Jones, a full-time employee and Director of Liontown Resources Limited, who is a Member of the Australasian Institute of Mining and Metallu

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