Chalice Mining Limited · ASX:CHN
Chalice Mining — Chalice Gold Mines — Shareholder Meeting (November 2015)
14 slides from Chalice Mining's shareholder meeting presentation, Nov 24, 2015
Slide 1: Discipline in Difficult Markets - 2015 Annual General Meeting
For personal use only DISCIPLINE IN DIFFICULT MARKETS 2015 ANNUAL GENERAL MEETING 24 November 2015
Slide 2: Disclaimer and CP and QP Statements
For personal use only Disclaimer and CP and QP Statements 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 Annu
Slide 3: Snapshot
For personal use only SNAPSHOT We have a strong balance sheet ~ $42M cash and receivables We have a cornerstone asset - 1.6 Moz Mineral Resource for Cameron Gold Project, Ontario Our target is to increase mineable ounces by +200,000 ozs through exploration We are focussed on technical excell
Slide 4: Corporate Overview
For personal use only CORPORATE OVERVIEW Capital Structure (at 18/11/2015) Major shareholders: Share Price A$0.11 Tim Goyder 14.7% Shares on Issue 282 million Franklin Resource Fund 11.0% Market Capitalisation ~A$31 million Lujeta Pty Ltd 7.1% Rights/Options on Issue 7.8 million Debt - Cash and rece
Slide 5: For personal use only
For personal use only CAMERON GOLD PROJECT Total Mineral Resource of 23.8Mt grading 2.05 g/t gold for 1.57 million ounces A great start but exploration is the focus: Systematic and technically focussed exploration program well underway 2016 drill targets Figure 1: Long section, looking grid
Slide 6: 2015 Consolidated Mineral Resource Estimate
For personal use only CAMERON GOLD PROJECT 2015 Consolidated Mineral Resource Estimate 1 Grade Category Tonnes g/t Ounces Updated Mineral Resource follows: gold the re-logging of 771 diamond drill-holes (~102,000m of Measured 3,723,000 2.64 316,000 drilling), assaying of an additional Indicate
Slide 7: Substantial near mine targeting exercise nearing completion
For personal use only CAMERON GOLD PROJECT Substantial near mine targeting exercise nearing completion High priority, near mine targets mapped, trenched and channel sampled Targets being prioritised for early 2016 drilling 7 www.chalicegold.com
Slide 8: Regional targeting exercise completed
For personal use only CAMERON GOLD PROJECT Regional targeting exercise completed Regional reconnaissance work: 510 MMI samples collected 1,893 rock grab samples collected Compilation due Q4 2015 Cameron resource “geochemical signature study”: 367 multi-element samples analysed across min
Slide 9: For personal use only
For personal use only CAMERON GOLD PROJECT 9 www.chalicegold.com
Slide 10: Croteau Est Gold Project
For personal use only CROTEAU EST GOLD PROJECT Maiden Mineral Resource imminent Croteau Buschard Shear Zone (CBSZ) 11 Diamond drill holes for ~2,500m completed Resource modelling underway (Optiro) Model due Q4 2015 Croteau Fault 40 RC holes for 419m Basal till and bedrock analysis under
Slide 11: Business Development
For personal use only BUSINESS DEVELOPMENT We continue to seek high-quality resource projects globally Our criteria: Near term cash flow potential Low to moderate risk jurisdictions Exceptional exploration upside Acquire undervalued assets Positioning the company for positive market corre
Slide 12: Summary: In a Position of Strength
For personal use only SUMMARY: IN A POSITION OF STRENGTH Well funded ~A$42 million cash and receivables Experienced Board and executive team to drive growth strategy: • Development: Expand resource base and advance the Cameron Gold Project • M&A: Actively pursuing additional high quality assets
Slide 13: Experienced Board and Management Team
For personal use only EXPERIENCED BOARD AND MANANGEMENT TEAM Tim Goyder, Managing Director Gary Snow, Chief Operating Officer; M.Sc, MBA, • Over 30 years experience in the resource industry FAusIMM, FAIG • Major shareholder in Chalice Geologist with 29 years experience with a career • Chairman of
Slide 14: Mineral Resource
For personal use only CAMERON GOLD PROJECT MINERAL RESOURCE4 Cut-off Deposit Class Tonnes Gold g/t Gold Ounces g/t Measured 3,723,000 2.64 316,000 Indicated 4,101,000 1.92 253,000 Cameron deposit1,2 0.5g/t M+I 7,824,000 2.26 569,000 Inferred 14,464,000 1.92 894,000 M+I+I 22,288,000 2.04 1,463,000 Me
Chalice Gold Mines — Shareholder Meeting (November 2015) on 6ix