Chalice Mining Limited · ASX:CHN
Chalice Mining — Chalice Gold Mines — Investor Presentation (February 2018)
31 slides from Chalice Mining's investor presentation, Feb 26, 2018
Slide 1: Chalice Gold Mines Ltd Investor Presentation
For personal use only Chalice Gold Mines Ltd 30,000m of drilling on two high potential gold properties in the renowned Abitibi region of Canada A$46M in cash and liquid investments, trading at near zero enterprise value Investor Presentation - Feb 2018 │ www.chalicegold.com │ 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: Chalice is UNIQUE – high reward, low risk opportunity
Chalice is UNIQUE – we are a high reward, low risk opportunity, with high calibre exploration projects and strong balance sheet For personal use only Strategic exploration footprint across prolific gold and base metals districts in Canada and Australia ~30,000m drilling program underway on two h
Slide 4: Dynamic explore-acquire-invest strategy
We have a dynamic explore-acquire-invest strategy to deliver superior returns to shareholders For personal use only Exploration Undertake targeted and proactive gold and base metal exploration in proven but underexplored provinces, leveraging strong in house expertise Acquisitions Actively pursue as
Slide 5: Portfolio of two Canadian and two Australian exploration projects
Our portfolio includes two exploration projects in Canada within the prolific Abitibi greenstone belt and two early stage exploration projects in Australia For personal use only • Two strategic land positions in the prolific Abitibi greenstone belt in Quebec, Canada; 1• East Cadillac Gold Project –
Slide 6: Canada Exploration
For personal use only Canada Exploration
Slide 7: Exploration activities focused on Canada, four rigs at East Cadillac
EXPLORATION Exploration activities are currently focused on Canada, with four rigs operating at East Cadillac and a maiden drilling program recently completed at Kinebik For personal use only 2017 2018 Illustrative work program Oct Nov Dec Jan Feb Mar Apr May Jun Surface sampling East 3D IP survey 1
Slide 8: East Cadillac and Kinebik in the prolific Abitibi greenstone belt
CANADA The East Cadillac and Kinebik Projects are located in the prolific Abitibi greenstone belt which has known gold endowment of c. 210 million ounces For personal use only 1• The East Cadillac Gold Project 2 includes 16km of strike along the Larder Lake-Cadillac Fault • The fault is the most pro
Slide 9: East Cadillac covers 16km of strike near significant gold mines
1. EAST CADILLAC GOLD The East Cadillac Gold Project covers 16km of strike in a highly active part of the belt, on strike with several significant gold mines For personal use only • The Project is on strike with several significant gold mines, including; • Agnico Eagle – LaRonde Recently announced (
Slide 10: East Cadillac heavily undervalued relative to Val-d'Or peers
1. EAST CADILLAC GOLD Chalice’s 16km 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) 590 109 Potential revaluation 80 35 40 24 0 Chalice Cartier QMX Gold Alexandria M
Slide 11: Systematic ground-up exploration and consolidation of ground position
1. EAST CADILLAC GOLD Chalice has taken a systematic, ground-up approach to exploration, and has continued to consolidate the ground position over the last ~18 months For personal use only December 2017 November 2016 Option deal with Khalkos to October 2017 – Option deal with January 2018 October 20
Slide 12: 3D-IP survey shows chargeability anomalies east of Nordeau West
1. EAST CADILLAC GOLD The 3D-IP survey in 2017 showed multiple chargeability anomalies extending east of known gold mineralisation at Nordeau West, and both north and south of the main trend For personal use only 3D-IP survey showing chargeability iso-surfaces (blue) • Nordeau West chargeability hig
Slide 13: ~14,000m of 28,700m drilling program completed
1. EAST CADILLAC GOLD ~14,000m of the current 28,700m drilling program has been completed to date – four rigs are testing multiple high potential targets For personal use only Nordeau West* • Four diamond rigs currently drilling M&I Res – 30koz Au – 0.2Mt@ 4.2g/t Inf Res – 146koz Au - 1.1Mt @4.1g/t
Slide 14: Kinebik maiden drilling program completed
2. KINEBIK GOLD A maiden drilling program was recently completed at the Kinebik Gold Project, which covers 30km of strike in an underexplored greenstone belt For personal use only • Underexplored greenstone belt Douay which hosts significant gold 2.8Moz Au deposits including the Casa Beradi gold dep
Slide 15: Maiden Kinebik program tested the South Anomaly
2. KINEBIK GOLD The maiden Kinebik drilling program tested the South Anomaly, identified from surface geochemistry and geophysics in 2017 For personal use only • Completed 200m spaced geochem sampling in Q3 2017 to augment the Q3 2016 MMI soil sampling results that identified the South Anomaly • 55
Slide 16: Australia Exploration
For personal use only Australia Exploration
Slide 17: Warrego North Gold-Copper Project
3. WARREGO NORTH GOLD-COPPER The Warrego North Gold-Copper Project is within a classic Iron Oxide Copper Gold (IOCG) district, follow up field work will recommence in 2H 2018 For personal use only • Tennant Creek was historically exploited for high grade IOCG style gold and copper • These deposit ty
Slide 18: Pyramid Hill Gold Project
4. PYRAMID HILL GOLD The Pyramid Hill Gold Project comprises a 1,300km2 licence application, ~10km north-west of the highly endowed Bendigo Goldfield For personal use only • Victorian Govt initiative ‘Gold Undercover’ estimated an undiscovered gold endowment of 32Moz Au in the northern Bendigo Zone
Slide 19: Acquisitions and investments
For personal use only Acquisitions and investments
Slide 20: Solid track record of acquiring, advancing and monetising assets
ACQUISITIONS AND INVESTMENTS Our track record is solid; we have acquired well, advanced projects quickly and monetised assets at opportune times For personal use only 2012 • Zara Gold 2017 Project in 2013 2016 • Refocused 2007 2009 Eritrea sold on building • Cameron • Cameron • Chalice & • Zara Gold
Slide 21: Search for the next landmark deal is a priority
ACQUISITIONS AND INVESTMENTS The search for the next landmark deal is a priority, 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 po
Slide 22: Corporate
For personal use only Corporate
Slide 23: Enviable capital position, cashed up and debt free
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* Substantial Shareholders* ASX TSX Australian listing ASX: CHN Tim Goyder (MD) 17% Canadian listing TSX: CXN Shares on Issue 261M
Slide 24: Experienced, driven and capable board and management team
CORPORATE Our board and management team are experienced, driven and highly capable For personal use only Tim Goyder, Managing Director Dr Kevin Frost, GM – Exploration, BSc (Hons) PhD MAIG • 40+ years experience in the resource industry • Geologist with 30+ years experience • Successful investor and
Slide 25: Chalice is a unique high reward, low risk investment opportunity
In summary, Chalice is a unique high reward, low risk investment opportunity For personal use only Aggressive ~30,000m Protected from downside at Experienced and exploration program in one near zero EV and exposed to capable team that have of the world’s leading gold favourable market done it before
Slide 26: Contact us and follow our website and newsletter
For further information please contact us directly or refer to our website, we welcome investors to follow us on our email newsletter, linkedin and twitter For personal use only www.chalicegold.com Tim Goyder Managing Director info@chalicegold.com +61 8 9322 3960 https://au.linkedin.com/company/chal
Slide 27: Appendix
For personal use only Appendix
Slide 28: Regional geology, initial JORC MRE and drilling progress
1. EAST CADILLAC GOLD Regional geology, initial JORC MRE and drilling progress to 12-Feb 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
Slide 29: MMI soil geochemistry and drilling progress
1. EAST CADILLAC GOLD MMI Soil Geochemistry and drilling progress to 12-Feb 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
Slide 30: Aeromagnetic interpretation and drilling progress
1. EAST CADILLAC GOLD Aeromagnetic interpretation and drilling progress to 12-Feb For personal use only • Aeromagnetic survey has allowed a synthesis of Nordeau West* M&I Res – 30koz Au – 0.2Mt@ 4.2g/t the main structural features/trends within the Simon Inf Res – 146koz Au - 1.1Mt @4.1g/t greenston
Slide 31: Project ownership details and tenure summary
1. EAST CADILLAC GOLD Project ownership details and tenure summary For personal use only 12 agreements signed by Chalice between Oct-16 to Nov-17 to consolidate the property Major holdings / agreements Chalice pegged (100%) Richmont / Monarques Gold (earning 70%) Globex (earning 100%) Globex / Batem
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