Chalice Mining Limited · ASX:CHN
Chalice Mining — Chalice Gold Mines — Investor Presentation (May 2018)
30 slides from Chalice Mining's investor presentation, May 14, 2018
Slide 1: Investor Presentation May 2018
For personal use only Investor Presentation May 2018 ASX:CHN | TSX:CXN
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: Highlights
HIGHLIGHTS Why invest? Chalice is a unique explorer with a substantial exploration portfolio and a A$40M+ cash position – highly leveraged to exploration success For personal use only High calibre portfolio Value driven exploration Strong balance sheet Experienced team Track record of success Strate
Slide 4: Portfolio
PORTFOLIO Chalice’s portfolio includes high potential gold and base metal projects in globally significant geological terranes in Canada and Australia For personal use only Canada Australia Warrego North Copper-Gold East Cadillac Gold Project, Quebec Project, Northern Territory 1 27km of strike alon
Slide 5: Canada Exploration
For personal use only Canada Exploration 5
Slide 6: East Cadillac and Kinebik Gold Projects in the Abitibi greenstone belt
EXPLORATION – CANADA – 1. EAST CADILLAC GOLD PROJECT The East Cadillac and Kinebik Gold Projects are located in the prolific and globally significant Abitibi greenstone belt with known gold endowment of >210Moz For personal use only 1 East Cadillac Gold Project • >27km of strike along the Larder Lak
Slide 7: East Cadillac covers >27km of strike along the Larder Lake–Cadillac Fault
EXPLORATION – CANADA – 1. EAST CADILLAC GOLD PROJECT The East Cadillac Gold Project covers >27km of strike along the Larder Lake – Cadillac Fault, which hosts several globally significant gold mines For personal use only Sigma Lamaque >11Moz @ ~7g/t Au CANADA LaRonde >12Moz @ ~5g/t Au Malartic >10Mo
Slide 8: Land holding expanded to 245km2 with Denain-Pershing option
EXPLORATION – CANADA – 1. EAST CADILLAC GOLD PROJECT Chalice recently expanded its Project land holding to 245km2 including >27km of strike with the Denain-Pershing option For personal use only • Denain-Pershing includes several historical gold showings but is Denain-Pershing largely unexplored usin
Slide 9: 27km of strike undervalued relative to Val-d'Or peers
EXPLORATION – CANADA – 1. EAST CADILLAC GOLD PROJECT Chalice’s 27km of strike at East Cadillac is heavily undervalued relative to our listed peers in the Val-d’Or region For personal use only Enterprise value of Chalice’s listed Val-d’Or peers (C$M) 590 102 Potential revaluation 56 33 23 14 0 Chalic
Slide 10: Systematic ground-up exploration and ground consolidation
EXPLORATION – CANADA – 1. EAST CADILLAC GOLD PROJECT Chalice has taken a systematic, ground-up approach to exploration, and has continued to consolidate ground over the last 18 months For personal use only December 2017 May 2018 November 2016 Option deal October 2017 – Farm-in deal with Option deal
Slide 11: 27,300m diamond drill program completed with two new discoveries
EXPLORATION – CANADA – 1. EAST CADILLAC GOLD PROJECT A regional-scale 27,300m diamond drill program was completed in Q1 2018 and resulted in two new discoveries at Simon West and North Contact For personal use only • Program of 76 drill holes for 27,300m completed on 7th April 2018 • Significant int
Slide 12: 3.5km of strike mineralised at Simon West; new North Contact zone
EXPLORATION – CANADA – 1. EAST CADILLAC GOLD PROJECT Drilling has confirmed 3.5km of strike is mineralised at Simon West, and a new zone has been identified at the North Contact For personal use only Simon West North Contact * Refer to ASX announcement of 5-Mar-18 for full details 12
Slide 13: Kinebik Gold Project covers >30km of strike along Casa Berardi Fault
EXPLORATION – CANADA – 2. KINEBIK GOLD PROJECT The Kinebik Gold Project covers >30km of strike along the Casa Beradi Fault – an underexplored greenstone belt For personal use only • ~187km2 property area covering >30km of strike along the Casa Berardi Fault • Belt hosts several significant gold depo
Slide 14: Exploration Australia
Exploration For personal use only Australia 14
Slide 15: Warrego North Gold-Copper Project in Tennant Creek IOCG district
EXPLORATION – AUSTRALIA – 3. WARREGO NORTH GOLD-COPPER PROJECT The Warrego North Gold-Copper Project is within the highly endowed >6Moz Tennant Creek Iron Oxide Copper Gold (IOCG) district For personal use only • Tennant Creek, NT, was historically exploited for high grade IOCG style gold and copper
Slide 16: Pyramid Hill Gold Project in the Bendigo Goldfield
EXPLORATION – AUSTRALIA – 4. PYRAMID HILL GOLD PROJECT The Pyramid Hill Gold Project includes a district scale 3,350km2 tenement holding in the highly prospective Bendigo Goldfield For personal use only • Extends NW of world-class ~22Moz Bendigo Goldfield and NE of the ~4Moz Fosterville Gold Mine, o
Slide 17: Acquisitions
For personal use only Acquisitions 17
Slide 18: Business model and track record of acquisitions and asset sales
ACQUISITIONS Our business model and track record is sound; we have acquired well, advanced projects quickly and monetised assets at opportune times For personal use only Zara Gold Project in Zara Gold Eritrea sold for Listed on ~US$114M, A$25M Cameron Gold Project in Australian Stock special dividen
Slide 19: Search for the next landmark deal continues
ACQUISITIONS The search for the next landmark deal continues, with our current focus on advanced gold and base metal projects within our regional footprint For personal use only Acquisition Actively pursue asset acquisition and partnership opportunities with cash strategy flow potential and explorat
Slide 20: Corporate
For personal use only Corporate 20
Slide 21: Capital structure and top shareholders
CORPORATE Our capital position is enviable – cashed up and debt free, with the top 20 shareholders controlling ~60% of the company For personal use only Capital Structure Top Shareholders Australian listing ASX: CHN ASX Tim Goyder (Exec Chairman) 17% TSX Canadian listing TSX: CXN Shares on Issue ~26
Slide 22: Board and management team
CORPORATE Our board and management team are experienced, driven and highly capable For personal use only Tim Goyder, Executive Chairman Alex Dorsch, Chief Executive Officer, BEng (Hons), BFin • 40+ year industry veteran • Experienced consultant, engineer and corporate advisor in • Long track record
Slide 23: Thank you
Thank you For personal use only We welcome investors to follow us on our email newsletter, linkedin and twitter 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 23
Slide 24: Appendix
For personal use only Appendix 24
Slide 25: Regional geology and existing mineral resources
1. EAST CADILLAC GOLD PROJECT Regional geology and existing mineral resources For personal use only Nordeau West* * The information in this report that relates M&I Res – 30koz Au – 0.2Mt@ 4.2g/t to the East Cadillac Gold Project, Quebec Inf Res – 146koz Au - 1.1Mt @4.1g/t mineral resource estimate i
Slide 26: Long section through Chimo mine and Simon West
1. EAST CADILLAC GOLD PROJECT Long section through Chimo mine and Simon West For personal use only 26
Slide 27: MMI Soil Geochemistry
1. EAST CADILLAC GOLD PROJECT MMI Soil Geochemistry For personal use only Nordeau West* • Detailed sampling (200m x 200m) M&I Res – 30koz Au – 0.2Mt@ 4.2g/t Inf Res – 146koz Au - 1.1Mt @4.1g/t completed over known trend of gold Simon West Forsan mineralisation associated with the Larder Lake-Cadilla
Slide 28: 3D-IP inversion
1. EAST CADILLAC GOLD PROJECT 3D-IP inversion For personal use only 3D-IP survey showing chargeability iso-surfaces (blue) • Nordeau West chargeability high Nordeau West* M&I Res – 30koz Au @ 4.2g/t (pyrite-arsenopyrite Inf Res – 146koz Au @ 4.1g/t sulfides) shown to be extending at least Tenement b
Slide 29: Aeromagnetic survey
1. EAST CADILLAC GOLD PROJECT Aeromagnetic survey (excluding Denain-Pershing claims) For personal use only Nordeau West* • Aeromagnetic survey has allowed a synthesis of the M&I Res – 30koz Au – 0.2Mt@ 4.2g/t main structural features/trends within the Simon Inf Res – 146koz Au - 1.1Mt @4.1g/t greens
Slide 30: Ownership summary
1. EAST CADILLAC GOLD PROJECT Ownership summary (Denain-Pershing claims not shown) For personal use only 13 agreements signed by Chalice between Oct-16 to May-18 to consolidate the property Major holdings / agreements Chalice (100%) Richmont / Monarques Gold (earning 70%) Globex (earning 100%) Globe
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