Chalice Mining Limited · ASX:CHN
Chalice Mining — Chalice Gold Mines — International Mining and Resources Conference 2019
18 slides from Chalice Mining's conference presentation, Oct 29, 2019
Slide 1: International Mining and Resources Conference
For personal use only International Mining and Resources Conference Melbourne – 29 October 2019 ASX : CHN | TSX: CXN | OTCQB: CGMLF
Slide 2: Forward looking statements and disclosures
Forward looking statements and disclosures For personal use only This presentation does not include all available Information on Chalice Gold Mines Limited and should not be used in isolation as a guide to investing in the Company. Any potential investor should also refer to Chalice Gold Mines Limit
Slide 3: A unique, well-funded exploration business
A unique, well- We are exploring for tier-1 scale (>US$1bn NPV) funded exploration discoveries in frontier areas 1 For personal use only business • Gold undercover in northern Victoria • Nickel sulphides in the Kimberley (WA) We have the finances to think big • ~A$30M in working capital and investme
Slide 4: Capital Structure and Financials
Capital Structure and Financials We have a tight capital structure and a very strong Equity listings Shares on Issue 274.1M Market capitalisation financial position ASX: CHN | TSX: CXN | OTCQB: CGMLF Shares (F/D) 291.2M ~A$53M (@ A$0.19ps) For personal use only Working Capital & Top Shareholders Deb
Slide 5: Targeting big discoveries in underexplored provinces of Australia
1 Pyramid Hill Gold Project, VIC For personal use only +++ Highly prospective but underexplored → a new opportunity We are targeting big discoveries in +++ Large-scale + high-grade targets → strong commercial drivers for exploration underexplored +++ 5,190km2 area → potential for multiple discoverie
Slide 6: Pyramid Hill Gold Project, Victoria
Drilling at Pyramid Hill Gold Project, Oct-2019 Pyramid Hill Gold Project For personal use only Victoria 6
Slide 7: Pyramid Hill is located in the hotly contested Bendigo Zone of Victoria
Pyramid Hill is located in the hotly contested Bendigo Zone of Victoria – a historic >60Moz region that is now capturing global attention once again For personal use only N Chalice’s tenure covers 60% of the ~7,000km2 >60Moz of gold production has come from 50km prospective covered area outcropping
Slide 8: Fosterville Gold Mine has placed the district back on the map
Kirkland Lake Gold’s Fosterville Gold Mine has placed the district back on the map thanks to bonanza gold grades and ultra-low production costs For personal use only Fosterville Mineral Reserves History 2019 op. cash costs guidance Current Mineral Reserve Ultra-high grade 31.0 Swan Zone US$130- Grad
Slide 9: Chalice has an undervalued ~5,190km2 land holding in this district
Chalice has an undervalued ~5,190km2 land holding in this exciting, underexplored district; we are targeting Fosterville style discoveries For personal use only Chalice is in good company in the district… Bendigo Zone Company Enterprise Value (A$) Stawell Zone Chalice targets Newmont Goldcorp ~55,00
Slide 10: Chalice has defined several large targets under thin cover
Chalice has defined several large targets under thin cover after completing regional soil sampling, ground geophysics and one phase of recon AC drilling For personal use only NSW VIC Northern Bendigo Zone Karri Fosterville Melbourne Beech Ironbark Zone Bendigo Chalice Gold Target Advanced Gold Prosp
Slide 11: Drilling is underway at the Ironbark and Karri Targets
Drilling is underway at the high priority Ironbark and Karri Targets, where anomalous gold was intersected in wide-spaced shallow holes in Q2 2019 For personal use only Ironbark Target (25-75m cover) Karri Target (50-70m cover) Muckleford Area 1VD RTP Aeromagnetics 1VD Gravity N N Karri 350m wide1km
Slide 12: A ~650m wide zone of anomalous gold intersected at Ironbark Target
1. A ~650m wide zone of anomalous gold and pathfinders was intersected at the Ironbark Target, coincident with a ~380m diameter diorite intrusion For personal use only • Petrography confirmed the intrusion as a highly prospective Fe-rich diorite • Hole 245 hit gold bearing quartz veining in the dior
Slide 13: Anomalous gold and pathfinders intersected at Karri in Phase 1
2. Anomalous gold and pathfinders intersected at Karri in Phase 1 point to a potentially significant footprint – the size of the prize is significant For personal use only Karri Target (50-70m cover) ~22Moz Bendigo Goldfield 1VD Gravity Bendigo N Goldfield outline >8Moz Fosterville Gold Mine 350m wi
Slide 14: King Leopold Nickel Project, Western Australia
King Leopold field reconnaissance, Jun-2019 King Leopold Nickel Project For personal use only Western Australia 14
Slide 15: King Leopold Nickel Project covers 1,800km2 in the west Kimberley
The King Leopold Nickel Project covers 1,800km2 in the frontier and largely unexplored King Leopold Orogen of the west Kimberley For personal use only 600,000mE 700,000mE 800,000mE • Frontier province highly prospective for 50km magmatic Ni-Cu-Co sulphide deposits 8,200,000mN N • Minimal modern expl
Slide 16: Immediate focus is the Ruins Area, where nickel sulphide targets are defined
Chalice’s immediate focus is the Ruins Area, where several nickel sulphide targets have already been defined For personal use only • Merlin (IGO-Buxton) hosts drill intercepts in Ruins Dolerite with grades up to 8.14% Ni, 5.26% Cu and 0.69% Co Merlin (IGO-Buxton) • 11 airborne EM targets defined by
Slide 17: So why invest?
So why invest? For personal use only We are drilling targets that have significant scale 1 potential – a discovery will ‘move the needle’ ~A$30M in working capital and investments 2 (~A$0.11ps)1 – we are well funded >A$100M generated to date – team has a solid 3 technical and commercial track record
Slide 18: Thank You
For personal use only Thank You Level 2, 1292 Hay Street, West Perth WA 6005, Australia +61 8 9322 3960 info@chalicegold.com www.chalicegold.com linkedin.com/company/chalice-gold-mines twitter.com/chalicegold ASX : CHN | TSX: CXN | OTCQB: CGMLF
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