Chalice Mining Limited · ASX:CHN

Chalice Mining — Chalice Gold Mines — Investor Presentation (February 2015)

16 slides from Chalice Mining's investor presentation, Feb 9, 2015

  1. Slide 1: Positioned for Growth

    For personal use only POSITIONED FOR GROWTH • Strong Balance Sheet ~ $43M Cash • Cornerstone asset - 1.3 Moz Cameron Gold Project, Ontario, Canada

  2. 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

  3. Slide 3: Chalice Snapshot

    For personal use only CHALICE SNAPSHOT Well funded and positioned for growth Capital Structure (at 06/02/2015) Major Shareholders: Share Price Shareholders: •Major A$0.125 Tim Goyder Shares on Issue 282 million 14.5% Franklin Resources Market Capitalisation ~A$35 million 10.8% Lujeta Pty Ltd Rights/

  4. Slide 4: The Chalice Strategy

    For personal use only THE CHALICE STRATEGY Chalice’s strategy is to focus on delivering shareholder value through the discovery, acquisition and operation of quality resource projects globally. The strategy is funded by Chalice’s strong balance sheet. Chalice has implemented this strategy by:  Adva

  5. Slide 5: 2015 Direction Forward

    For personal use only CAMERON GOLD PROJECT 2015 DIRECTION FORWARD  Update the revise Coventry Resources Inc. PEA prepared in 2013  Numerous opportunities identified to improve project economics  Target the addition of +200,000 oz’s Au within trucking distance of Cameron (+200,000oz’s substantiall

  6. Slide 6: Business Development

    For personal use only BUSINESS DEVELOPMENT  Continue to seek high-quality resource projects globally – Near term cash flow potential – Low to moderate risk jurisdictions – Exceptional exploration upside – Positioning the company for positive market correction – Acquire undervalued assets Chalice wi

  7. Slide 7: Overview

    For personal use only CAMERON GOLD PROJECT OVERVIEW  Above average grades - fully diluted open pit grade of ~2.0g/t Au  Low risk mining jurisdiction, with low costs, skilled labour, cheap power and good infrastructure  Conventional metallurgy – CIL process with good recoveries (92%)  A lower ris

  8. Slide 8: Resources

    For personal use only CAMERON GOLD PROJECT RESOURCES Advanced open pit / underground gold project in emerging gold province Cut-off Deposit Description Class Tonnes Gold g/t Gold Oz Gold g/t Cameron Open Cut 0.5g/t Measured 2,872,000 2.3 212,400 RL>=750m Indicated 5,417,000 1.76 306,600 Inferred 881

  9. Slide 9: 2015 Focus Areas

    For personal use only CAMERON GOLD PROJECT 2015 FOCUS AREAS  Exploration - Detailed aeromagetic and VTEM data acquired and interpreted - Structural targeting done - Detailed surface geochemistry - 3,262 Mobile Metal Ion (MMI) samples collected - Targeting exercise completed for 2015 program  Resou

  10. Slide 10: 2014 Exploration Targeting Activities

    For personal use only 2014 EXPLORATION TARGETING ACTIVITIES - Completion of aeromagnetic interpretation and targets defined - 3,267 MMI samples collected, assayed and targets defined 10

  11. Slide 11: 2014 Exploration Targeting Activities cont.

    For personal use only 2014 EXPLORATION TARGETING ACTIVITIES cont. • Staked new ground (87% increase from 152km2 to 327.56km2) • Field checking of the VTEM anomalies 11

  12. Slide 12: 2015 Exploration Plan

    For personal use only CAMERON GOLD PROJECT 2015 EXPLORATION PLAN  Top 10 prioritised targets identified through exploration and data review in 2014  Targets prioritised to maximise success of finding an additional +200,000 oz’s  Targets to be tested by trenching, mapping, channel sampling and dri

  13. Slide 13: Resource Optimisation

    For personal use only CAMERON RESOURCE OPTIMISATION  Potential to add material oz’s within current resource and open pit outline by re-logging, additional sampling and re-modelling exercise Holes with lower grade or unsampled – not included in model Plan View of current resource. Brown areas are po

  14. Slide 14: Economics

    For personal use only CAMERON GOLD PROJECT ECONOMICS Chalice has identified factors which may materially improve Cameron economics:  Increasing Canadian dollar gold price  Resource optimisation  Pit wall slope optimisation  Additional metallurgical testing has confirmed cyanide consumption and r

  15. Slide 15: Experienced Board and Management Team

    For personal use only EXPERIENCED BOARD AND MANAGEMENT TEAM Strong exploration, development and operating experience Tim Goyder, Managing Director Anthony Kiernan, Non Executive Chairman, LLB • Over 30 years experience in the resource industry • Chairman of BC Iron Limited and Venturex Resources • C

  16. Slide 16: Summary: Well Positioned for Growth

    For personal use only SUMMARY: WELL POSITIONED FOR GROWTH Well Funded, Experienced Board and Management, Growth via Development, Acquisition and Exploration  Well funded explorer/developer  ~A$43 million cash  Experienced Board and Executive Team to drive growth strategy:  Development: Expand re

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