Slide 1: Corporate Presentation – 121 Mining Investment London
The golden plains of the north Bendigo region Corporate Presentation – 121 Mining Investment London 20 May 2019 ASX : CHN TSX : CXN
Slide 2: Forward looking statements and disclosures
Forward looking statements and disclosures 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 Limited Annual Reports, fil
Slide 3: A unique, well-funded explorer
A unique, District-scale exploration projects in high-grade well-funded gold provinces within tier-1 jurisdictions explorer 1 • Targeting 5Moz+ high-grade gold discoveries in greenfield but ‘near-mine’ districts – Bendigo (Victoria) and Val-d’Or (Quebec) Unique strong financial position • ~A$23M wor
Slide 4: Two District-Scale, High Potential Projects
AUSTRALIA Two District-Scale, High Potential Projects CANADA Project Pyramid Hill Gold Project East Cadillac Gold Project Location Bendigo, Victoria Val-d’Or, Quebec Acquisition Staked in late 2017 and subsequently expanded Optioned in late 2016 and subsequently expanded Area 5,140km2 255km2 Ownersh
Slide 5: Our strategy is to explore greenfield terranes in premier jurisdictions
Our strategy is to explore greenfield terranes in premier jurisdictions; aiming to address the rapid decline in tier 1 discoveries worldwide Exploration Expenditures and Primary Gold discovered globally Tier 1 discoveries (>US$1bn NPV) now represent only ~2% of all discoveries worldwide. None in Aus
Slide 6: Pyramid Hill Gold Project Victoria
Drilling at Pyramid Hill Gold Project, Dec-2018 Pyramid Hill Gold Project Victoria 6
Slide 7: Pyramid Hill is located in the hotly contested northern goldfields of Victoria
Pyramid Hill is located in the hotly contested northern goldfields of Victoria – a region that has produced >60Moz of high-grade gold N • >60Moz of gold production has come from 50km outcropping (easier to find) areas in the South Bendigo Zone, at an average grade of ~15g/t Au • The host geology and
Slide 8: Kirkland Lake's Fosterville has placed the district back on the global map
Kirkland Lake’s Fosterville has placed the district back on the global map thanks to bonanza gold grades and ultra-low production costs Fosterville Mineral Reserves History Op. cash costs guidance 2019 Current Mineral Reserve Ultra-high grade 31.0 Swan Zone US$170- Grade Au (g/t) Reserve Au (koz) di
Slide 9: Chalice is positioned well in this exciting, underexplored district
Chalice is positioned well in this exciting, underexplored district, with a >5,140km2 land holding near Fosterville and Bendigo Muckleford Area Land use is predominantly low intensity agriculture • NW of historic 22Moz Bendigo (mix of crops and grazing) high grade Bendigo Stawell Zone Goldfield and
Slide 10: Chalice is drilling several large targets within the prospective northern Bendigo Zone
Chalice is drilling several large targets within the prospective northern Bendigo Zone under 20-80m of Murray Basin cover NSW VIC Four Eagles Northern Bendigo Zone Tandarra Fosterville Melbourne Sebastian Zone Bendigo Chalice Gold Target Advanced Gold Prospect Gold Deposit Major Fault Major Fault ex
Slide 11: Wide spaced recon AC drilling at Muckleford has identified multiple high priority zones
Wide spaced recon AC drilling at Muckleford has identified multiple high priority zones of interest under thin cover • Three areas under thin cover targeted with wide-spaced drill lines in 35,000m AC phase 1 • c. A$40/m all-inclusive drill costs • Assays received for ~18,260m thus far (~52%) • >30km
Slide 12: East Cadillac Gold Project Quebec
Drilling at East Cadillac Gold Project, Jan-2019 East Cadillac Gold Project Quebec 12
Slide 13: East Cadillac is located in the prolific Abitibi greenstone belt
East Cadillac is located in the prolific Abitibi greenstone belt; a belt with known gold endowment of >210Moz • Chalice controls >27km of strike along the Larder Lake – Cadillac Fault – the most prolific gold trend in the southern Abitibi (>100Moz of gold endowment) • Every 40-50km along this struct
Slide 14: The Project is along strike from several globally significant gold mines
The Project is along strike from several globally significant gold mines and surrounds a historic high-grade gold mine LaRonde >12Moz @ ~5g/t Au Sigma Lamaque CANADA >11Moz @ ~7g/t Au Chimo 0.4Moz @ ~5g/t Au *17% owned by Agnico Eagle YAMANA / AGNICO EAGLE AGNICO *under offer Malartic Open Pit EAGLE
Slide 15: Drilling has identified several new, wide open mineralised zones
Drilling has identified several new, wide open mineralised zones; demonstrating the potential for a new gold district Simon West Prospect Nordeau West Prospect 11.9m @ 3.25g/t Au f/ 235.9m Ind Resource 30koz @ 4.2g/t Au Incl. 1.6m @ 18.5g/t Au N Inf Resource 146koz @ 4.1g/t Au Potential open-pit con
Slide 16: 3D-IP has been completed over ~24km of strike
3D-IP has been completed over ~24km of strike, and shows multiple untested chargeability trends North Contact N Nordeau West 2.5km >3km untested trend • Strong discrete and strike continuous Val-d’Or Poorly tested trend chargeability ~35km anomalies identified • Anomalies on poorly tested Larder Lak
Slide 17: Corporate
Corporate 17
Slide 18: Our track record is sound; we have acquired well, advanced projects quickly
Our track record is sound; we have acquired well, advanced projects quickly and generated A$100M+ in after-tax proceeds from sales Refined strategy Zara Gold Project in Eritrea sold for to focus on Zara Gold Project early-stage $7.5M raised in IPO in Eritrea acquired ~US$114M (pre-tax) Cameron oppor
Slide 19: Corporate snapshot
Corporate snapshot Capital Structure Top Shareholders Equity listings & tickers ASX: CHN | TSX: CXN ASX Shares – on issue 266.6M Tim Goyder (Exec Chairman) 17% TSX Shares – fully diluted 287.1M Share price (ASX) A$0.12 Franklin Templeton 52 week high / low (ASX) A$0.165 / A$0.11 12% Gold & Precious
Slide 20: Company Highlights
Company Highlights Aggressive exploration on district-scale projects 1 in tier-1 high-grade gold provinces 2 ~A$22M in cash >A$100M generated from asset sales – solid 3 track record 20
Slide 21: Thank You
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 21