Chalice Mining Limited · ASX:CHN
Chalice Mining — Chalice Gold Mines — Shareholder Meeting (November 2019)
25 slides from Chalice Mining's shareholder meeting presentation, Nov 27, 2019
Slide 1: Annual General Meeting Presentation
For personal use only Annual General Meeting Presentation 27 November 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$43M (@ A$0.16ps) For personal use only Working Capital & Top Shareholders Deb
Slide 5: 2019 Operational Review
2019 Operational Review For personal use only 5
Slide 6: 2019 in review
2019 in review >45,000m drilled on greenfield targets and three key transactions executed over the year For personal use only Metres drilled and exploration completed Highlights 45,500 ▪ Multiple high quality greenfield targets tested in 4 drill programs across portfolio ▪ Upgraded the 3 large-scale
Slide 7: Chalice ranked 9th on the ASX for greenfield gold exploration expenditure
Chalice ranked 9th on the ASX for greenfield gold exploration expenditure in 2019, showing it is punching well above its weight For personal use only Greenfield exploration expenditure 2019, ASX listed companies (A$M) AngloGold Ashanti 61.4 Newcrest Mining 38.7 Gold Road Resources 18.9 Northern Star
Slide 8: The O3 Mining transaction further strengthens Chalice's balance sheet
The O3 Mining transaction further strengthens Chalice’s balance sheet and allows the company to focus on its opportunities in Australia For personal use only Quebec projects sale Key terms Benefits for Chalice • East Cadillac and Kinebik • 3.1 million O3 Mining shares • Maintain upside exposure Gold
Slide 9: 2019 in Photos: Pyramid Hill Gold Project
2019 in Photos For personal use only 2018 in pictures Pyramid Hill Gold Project Victoria 9
Slide 10: King Leopold Nickel Project
King Leopold Nickel Project For personal use only 2018 in Western Australia pictures 10
Slide 11: Corporate
Corporate For personal use only 2018Australia in / North pictures America / Europe 11
Slide 12: Strategy and Outlook for 2020
Strategy and Outlook for 2020 For personal use only 12
Slide 13: 2020 outlook
2020 outlook 36,000m+ to be drilled, targeting large-scale greenfield discoveries on key projects For personal use only Metres drilled and forecast exploration activities Strategy and Outlook + potential follow-up drilling in success case ▪ Continue district scale exploration programs at key project
Slide 14: Targeting big discoveries in underexplored provinces of Australia
1 Pyramid Hill Gold Project, VIC For personal use only +++ Highly prospective but essentially unexplored → a new opportunity with huge upside We are targeting +++ High-grade district + operating mines nearby → strong commercial drivers for exploration big discoveries in underexplored +++ 5,190km2 ar
Slide 15: Drilling at Pyramid Hill Gold Project, Oct-2019
Drilling at Pyramid Hill Gold Project, Oct-2019 Pyramid Hill Gold Project For personal use only Victoria 15
Slide 16: 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 17: Chalice has a commanding ~5,190km2 land holding
Chalice has a commanding ~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, with the entire North Bendigo province essentially Bendigo Zone consolidated by a handful of majo
Slide 18: Several large targets under thin cover; Phase 2 AC drill program
Chalice has defined several large targets under thin cover and is mid way through its ~25,000m Phase 2 reconnaissance AC drill program For personal use only NSW VIC Four Eagles Northern Bendigo Zone Karri Tandarra Fosterville Melbourne Beech Ironbark Sebastian Zone Bendigo Chalice Gold Target Advanc
Slide 19: AC drilling at the Ironbark Target defined a gold footprint
AC drilling at the Ironbark Target has defined a ~500 x 500m gold footprint coincident with a diorite intrusion, open to SW and NE For personal use only Pyramid Hill Gold Project 764,000mE 766,000mE Muckleford Area Ironbark Target N AC Drilling over 1VD RTP Aeromagnetics • ~4,400m of AC drilled into
Slide 20: Relationship between the diorite intrusion and mineralisation
The relationship between the diorite intrusion and mineralisation is still not fully understood, however early indications point to a sizeable target For personal use only • Hole PA245 hit gold bearing quartz veining in the diorite, indicating the intrusion is mineralised • Smaller mineralised diori
Slide 21: Anomalous gold and pathfinders intersected at Karri
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 N 350m wide zone with >25ppb Au + proximal >8Moz Fosterville Te, Bi, Cu, Zn, Co, S Muckleford Area • ~6,500m of AC completed in Pha
Slide 22: King Leopold Nickel Project, Western Australia
King Leopold field reconnaissance, Jun-2019 King Leopold Nickel Project For personal use only Western Australia 22
Slide 23: 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 24: Immediate focus is the Ruins Area nickel sulphide targets
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) Several high- • 11 airborne EM targe
Slide 25: 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
Chalice Gold Mines — Shareholder Meeting (November 2019) on 6ix