Chalice Mining Limited · ASX:CHN
Chalice Mining — Chalice Gold Mines — Shareholder Meeting (November 2020)
25 slides from Chalice Mining's shareholder meeting presentation, Nov 25, 2020
Slide 1: Chalice Gold Mines Ltd – Annual General Meeting
For personal use only ASX: CHN | OTCQB: CGMLF Chalice Gold Mines Ltd – Annual General Meeting Managing Director’s Presentation 9:00am AWST, Wednesday, 25 November 2020
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 • “High-grade nickel-copper-palladium sulphide intersected at Julimar Project in WA”, 23 March 2020 isolation as a gui
Slide 3: 2020 – a transformative year for Chalice
2020 – a transformative year for Chalice For personal use only We made a major new high- • Australia’s first major palladium discovery grade PGE-Ni-Cu-Co-Au discovery at Julimar in WA • • Emerging as a major deposit of critical metals for our clean energy future Highly leveraged to battery and hyd
Slide 4: Chalice is one of the top performing companies in the ASX All Ordinaries
Chalice is one of the top performing companies in the ASX All Ordinaries with >1,500% TSR year-to-date For personal use only Key properties purchased, CHN Share Price Chart (A$/share) 6th and 7th high-grade zones discovered 4.50 Significant PGE-Cu- Au horizon defined 4.00 on Eastern Contact 3.50 6.5
Slide 5: 2021 Outlook – on track to define a maiden resource at Julimar
2021 Outlook – we are on track to define a maiden resource at Julimar, build trust with our key stakeholders and leverage our discovery For personal use only Define a maiden JORC Mineral Resource Estimate and outline the potential for a commercially viable mining operation for the Gonneville PGE-Ni-
Slide 6: Chalice's portfolio includes the Julimar discovery and generative opportunities
Chalice’s portfolio includes the exciting Julimar discovery in the new West Yilgarn Ni-Cu-PGE Province in WA + a pipeline of generative opportunities For personal use only Julimar Nickel-Copper-PGE Project, WA • New greenfield PGE-Ni-Cu-Co sulphide discovery in Mar-2020 1 • 19m @ 8.4g/t Pd, 2.6% Ni,
Slide 7: Tight capital structure, strong financial position and growing institutional register
We have a tight capital structure, a strong financial position and a growing institutional register For personal use only Top Shareholders1 Tim Goyder (Chairman) Capital Structure and Financials Founder in 2006 Equity listings Shares out. 308.7M Market capitalisation 12% Franklin Templeton Gold & AS
Slide 8: Values driven business aiming for excellence in environmental management
Chalice is a values driven business and aims to achieve excellence in environmental management For personal use only • Chalice is committed to adopting best practice environmental standards and monitoring compliance to ensure standards are upheld • Engaged leading external environmental consultants
Slide 9: Julimar Project potential to deliver jobs, skills and economic diversification
The Julimar Project has the potential to deliver significant jobs, skills and economic diversification to the Wheatbelt region of WA For personal use only • The proximity of Julimar to major communities provides a unique opportunity to build a workforce of local permanent residents (drive in, drive
Slide 10: Julimar Nickel-Copper-PGE Project, Western Australia
Julimar Nickel- Copper-PGE Project For personal use only Western Australia 10 JD019 core specimen at Julimar Ni-Cu-PGE Project, Nov-2020
Slide 11: High-grade PGE-Ni-Cu-Co intersected in the very first drill hole at Julimar
High-grade PGE-Ni-Cu-Co was intersected in the very first drill hole at Julimar – a remarkable new discovery in a completely new province For personal use only • ~70km NE of Perth, with direct access to major highway, rail, power and port infrastructure • ~26km long layered ultramafic-mafic intrusiv
Slide 12: Gonneville is an exceptional PGE-nickel-copper-cobalt-gold discovery
Gonneville is an exceptional PGE-nickel-copper-cobalt-gold discovery with the potential to deliver a world-class deposit For personal use only • ~1.6km x >0.8km intrusion, open to the north- west, hosting: • Seven shallow high-grade PGE-Ni-Cu- Co+/-Au zones defined to date (G1-G7) – all remain open
Slide 13: Six wide high-grade zones internal to the intrusion
Six of the wide high-grade zones defined to date are internal to the intrusion, have significant (350-550m) strike extent and remain open For personal use only G1(discovery), G2, G3, G5, G6, G7 Zones: • ~5-40m wide • Top of zones ~25m below surface • Pd-Ni-Cu-Co rich • Open along strike and down-dip
Slide 14: Six high-grade zones have a moderate westerly dip
The six high-grade zones have a moderate westerly dip and up to ~340m of dip extent – all remain open For personal use only Drill holes RC – assayed RC – assays pending DDH – assayed DDH – assays pending Geology Cover/Laterite Gabbro Saprolite Granite Serpentinite Sediments Dolerite Dyke Mineralisat
Slide 15: High-grade G4 Zone associated with the intrusion footwall contact
The high-grade G4 Zone is associated with the intrusion footwall contact and has significant growth potential given limited testing to date For personal use only G4 Zone: • ~5-50m wide • Top of zones ~50m below surface • 800m of strike and up to 500m of dip- extent – wide-open • Pd-Pt-Cu+/-Au rich •
Slide 16: Several EM anomalies identified north-east of Gonneville
Several exciting EM anomalies identified to the north-east of Gonneville, all are yet to be tested (access to the Julimar State Forest awaiting approval) For personal use only Historical surface sampling over regional magnetics (TMI-RTP) 2020 Airborne EM (channel 15) May 2020 Sept 2020 N 16
Slide 17: Platinum Group Elements – critical metals for our clean energy future
Platinum Group Elements – critical metals for our clean energy future For personal use only >70% of PGEs used in automotive catalytic converters (pollution control devices) Palladium based catalytic converters preferred to comply with stricter emissions standards Catalytic Converter Hydrogen Fuel Ce
Slide 18: Accelerated drilling and metallurgical testwork program underway
Accelerated drilling and metallurgical testwork program underway – aiming to define a maiden Mineral Resource by June 2021 For personal use only 2020 2021 Oct Nov Dec Jan Feb Mar Apr May Jun Access Julimar State Forest CMP Stage 1 Julimar State Forest CMP Stage 2 Approvals (non-ground disturbing act
Slide 19: Pyramid Hill Gold Project, Victoria
Pyramid Hill Gold Project For personal use only Victoria Drilling at Pyramid Hill Gold Project, Oct-2019 19
Slide 20: Why gold in Victoria? The prospect of finding another Fosterville
Why gold in Victoria? The prospect of finding another Fosterville Gold Mine For personal use only Northern Bendigo Zone (32Moz undiscovered gold endowment) N >60Moz Au produced since 1850’s from outcropping 50km South Bendigo Zone, at a avg grade of ~15g/t Au 90% of mines had a recovered grade >8.5g
Slide 21: Systematic value-add approach – 'find the big gold systems first'
Chalice has adopted a systematic value-add approach – ‘find the big gold systems first’ For personal use only • Our Project covers hundreds of kilometres of prospective strike: • Muckleford (>300km) • Mt William (>75km) • Percydale (>40km) • Prior to Chalice most of the area essentially un-drilled •
Slide 22: Initial geological holes confirm a large gold system at depth at Karri
Initial geological holes have confirmed a large gold system at depth below the >4km long gold trend at the Karri Prospect For personal use only • Maiden 6 hole diamond program for structure / geology completed in H1 2020 • First ever test at depth into a ‘blind target’ • All six diamond drill holes
Slide 23: Investment highlights
Investment highlights For personal use only The new PGE-Ni-Cu-Co discovery at Julimar in WA 1 has significant scale potential and has opened up a new mineral province – resource drill-out underway Two rigs drilling at the Pyramid Hill Gold Project in Vic 2 and a maiden drill program recently complet
Slide 24: Thank You – Questions?
For personal use only Thank You Questions?
Slide 25: Contact details
For personal use only ASX: CHN | OTCQB: CGMLF Level 2, 1292 Hay Street CONNECT WITH CHALICE West Perth WA 6005, Australia +61 8 9322 3960 +61 8 9322 5800 @ChaliceGold info@chalicegold.com www.chalicegold.com chalice-gold-mines
Chalice Gold Mines — Shareholder Meeting (November 2020) on 6ix