For personal use only Inte rna tio na l Mining a nd Re so urc e C - - PowerPoint PPT Presentation

for personal use only
SMART_READER_LITE
LIVE PREVIEW

For personal use only Inte rna tio na l Mining a nd Re so urc e C - - PowerPoint PPT Presentation

For personal use only Inte rna tio na l Mining a nd Re so urc e C o nfe re nc e Pre se nta tio n 1 No ve mb e r 2018 ASX : CHN T SX : CXN F o rwa rd lo o king sta te me nts a nd disc lo sure s For personal use only T his pre se nta tio


slide-1
SLIDE 1

Inte rna tio na l Mining a nd Re so urc e C o nfe re nc e Pre se nta tio n ASX : CHN

1 No ve mb e r 2018

T SX : CXN

For personal use only

slide-2
SLIDE 2

2

T his pre se nta tio n do e s no t inc lude a ll a va ila b le I nfo rma tio n o n Cha lic e Go ld Mine s L imite d a nd sho uld no t b e use d in iso la tio n a s a g uide to inve sting in the Co mpa ny. Any po te ntia l inve sto r sho uld a lso re fe r to Cha lic e Go ld Mine s L imite d Annua l Re po rts, filing s o n se da r.c o m, a nd to ASX/ T SX re le a se s a nd ta ke inde pe nde nt pro fe ssio na l a dvic e b e fo re c o nside ring inve sting in the Co mpa ny. F

  • r furthe r

info rma tio n a b o ut Cha lic e Go ld Mine s L imite d, visit the we b site a t www.c ha lic e g o ld.c o m

F

  • r

war d-L

  • oking State me nts

T his do c ume nt ma y c o nta in fo rwa rd-lo o king info rma tio n within the me a ning o f Ca na dia n se c uritie s le g isla tio n a nd fo rwa rd-lo o king sta te me nts within the me a ning o f the Unite d Sta te s Priva te Se c uritie s L itig a tio n Re fo rm Ac t o f 1995 (c o lle c tive ly, fo rwa rd-lo o king sta te me nts). T he se fo rwa rd-lo o king sta te me nts a re ma de a s o f the d a te o f this do c ume nt a nd Cha lic e Go ld Mine s L imite d (the Co mpa ny) do e s no t inte nd , a nd do e s no t a ssume a ny o b lig a tio n, to upda te the se fo rwa rd-lo o king sta te me nts. Fo rwa rd-lo o king sta te me nts re la te to future e ve nts o r future pe rfo rma nc e a nd re fle c t Co mpa ny ma na g e me nt’ s e xpe c ta tio ns o r b e lie fs re g a rding future e ve nts a nd inc lude , b ut a re no t limite d to , the e stima tio n o f mine ra l re se rve a nd mine ra l re so urc e s a t the E a st Ca dilla c Go ld Pro je c t, the re a lisa tio n o f mine ra l re se rve e stima te s; the like liho o d o f e xplo ra tio n suc c e ss inc luding re sults o f future g e o physic a l surve ys, drilling a t the Co mpa ny’ s pro je c ts a nd o the r e xplo ra tio n a c tivitie s; the timing a nd c o sts o f future e xplo ra tio n a c tivitie s o n the Co mpa ny’ s e xplo ra tio n pro je c ts; the po te ntia l to de fine future mine ra l re so urc e s a nd, if suc c e ssful a t a ny o f the Co mpa ny’ s e xplo ra tio n pro je c ts, the po te ntia l via b ility o f a ny mine ra l re so urc e so de fine d; pla nne d e xpe nditure s a nd b udg e ts a nd the e xe c utio n the re o f; the timing a nd a va ila b ility o f drill re sults; po te ntia l site s fo r a dditio na l drilling , tha t g e ne ra l b usine ss a nd e c o no mic c o nditio ns will no t c ha ng e in a ma te ria lly a dve rse ma nne r; the timing a nd a mo unt o f e stima te d future pro duc tio n, c o sts o f pro duc tio n, c a pita l e xpe nditure s, suc c e ss o f mining o pe ra tio ns, e nviro nme nta l risks, una ntic ipa te d re c la ma tio n e xpe nse s, title dispute s o r c la ims a nd limita tio ns o n insura nc e c o ve ra g e . I n c e rta in c a se s, fo rwa rd-lo o king sta te me nts c a n b e ide ntifie d b y the use o f wo rds suc h a s “pla ns”, “pla nning ”, “e xpe c ts” o r “do e s no t e xpe c t”, “is e xpe c te d ”, “will”, “ma y”, “ wo uld ”, “p o te ntia l”, “b udg e t”, “sc he dule d”, “e stima te s”, “fo re c a sts”, “inte nds”, “a ntic ipa te s” o r “do e s no t a ntic ipa te ”, “b e lie ve s”, “ o c c ur”, “b e a c hie ve d”, o r va ria tio ns o f suc h wo rds a nd phra se s o r sta te me nts tha t c e rta in a c tio ns, e ve nts o r re sults ma y, c o uld, wo uld, mig ht o r will b e ta ke n, o c c ur o r b e a c hie ve d o r the ne g a tive o f the se te rms o r c o mpa ra b le te rmino lo g y. By the ir ve ry na ture fo rwa rd-lo o king sta te me nts invo lve kno wn a nd unkno wn risks, unc e rta intie s a nd o the r fa c to rs whic h ma y c a use the a c tua l re sults, pe rfo rma nc e o r a c hie ve me nts o f the Co mpa ny to b e ma te ria lly diffe re nt fro m a ny future re sults, pe rfo rma nc e o r a c hie ve me nts e xpre sse d o r implie d b y the fo rwa rd-lo o king sta te me nts. Suc h fa c to rs ma y inc lude , a mo ng o the rs, risks re la te d to a c tua l re sults o f c urre nt e xplo ra tio n a c tivitie s; c ha ng e s in e xplo ra tio n pro g ra ms b a se d upo n re sults o f e xplo ra tio n; future pric e s o f mine ra l re so urc e s; po ssib le va ria tio ns in mine ra l re so urc e s o r o re re se rve s, g ra de o r re c o ve ry ra te s; a c c ide nts, la b o ur dispute s a nd o the r risks o f the mining industry; de la ys in o b ta ining g o ve rnme nta l a p pro va ls o r fina nc ing o r in the c o mple tio n o f de ve lo pme nt o r c o nstruc tio n a c tivitie s; a s we ll a s tho se fa c to rs de ta ile d fro m time to time in the Co mpa ny’ s inte rim a nd a nnua l fina nc ia l sta te me nts, a ll o f whic h a re file d a nd a va ila b le fo r re vie w o n SEDAR a t se da r.c o m. Altho ug h the Co mpa ny ha s a tte mp te d to ide ntify impo rta nt fa c to rs tha t c o uld c a use a c tua l a c tio ns, e ve nts o r re sults to diffe r ma te ria lly fro m tho se de sc rib e d in fo rwa rd-lo o king sta te me nts, the re ma y b e o the r fa c to rs tha t c a use a c tio ns, e ve nts o r re sults no t to b e a s a ntic ip a te d , e stima te d o r inte nd e d. T he re c a n b e no a ssura nc e tha t fo rwa rd-lo o king sta te me nts will pro ve to b e a c c ura te , a s a c tua l re sults a nd future e ve nts c o uld diffe r ma te ria lly fro m tho se a ntic ipa te d in suc h sta te me nts. Ac c o rding ly, re a de rs sho uld no t pla c e undue re lia nc e o n fo rwa rd-lo o king sta te me nts.

Disc losur e

T he info rma tio n in this pre se nta tio n is e xtra c te d fro m info rma tio n a va ila b le to vie w o n www.c ha lic e g o ld.c o m. T he c o mpa ny c o nfirms tha t it is no t a wa re o f a ny ne w info rma tio n o r da ta tha t ma te ria lly a ffe c ts the info rma tio n inc lude d in the o rig ina l ma rke t a nno unc e me nts a nd, in the c a se o f e xplo ra tio n re sults o r e stima te s o f Mine ra l Re so urc e s, tha t a ll ma te ria l a ssumptio ns a nd te c hnic a l pa ra me te rs unde rpinning the re sults a nd e stima te s in the re le va nt ma rke t a nno unc e me nts c o ntinue to a pply a nd ha ve no t ma te ria lly c ha ng e d. T he c o mpa ny c o nfirms tha t the fo rm a nd c o nte xt in whic h the Co mpe te nt Pe rso n’ s finding s a re pre se nte d ha ve no t b e e n ma te ria lly mo difie d fro m the o rig ina l ma rke t a nno unc e me nts.

F

  • rwa rd lo o king sta te me nts a nd disc lo sure s

For personal use only

slide-3
SLIDE 3

3

A uniq ue , we ll- funde d junio r e xplo re r

District-sc ale , tie r-1 e xploration proje c ts

  • T

wo pote ntia lly tr a nsfor ma tiona l drill pro g ra mme s

c o ming up in Austr

a lia a nd Ca na da Str

  • ng ba la nc e she e t
  • c . A$34M in c a sh + A$2M in liq uid inve stme nts + A$3M

c urre nt re c e iva b le s a t 30-Se pt-18 (~A$39M / 14.7c ps)

  • ~A$10M (4c ps) c a pita l r

e tur n pr

  • pose d for

Nov 2018 Pr

  • ve n a nd e xpe r

ie nc e d te a m

  • L

a rg e , hig hly c a pa b le te a m with b ro a d e xpe rie nc e a nd spe c ia list e xpe rtise

T r a c k r e c or d of suc c e ss

  • Pro ve n b usine ss mo de l, with ne t pro c e e ds fro m a sse t

sa le s o f ~A$107M, ~A$25M c a pita l re turn in 2012

For personal use only

slide-4
SLIDE 4

4

  • ~3,080km 2 la nd ho ld ing NW o f the >22Mo z Be nd ig o

Go ld fie ld a nd NE

  • f the >7Mo z F
  • ste rville Go ld Mine
  • Multiple la rg e -sc a le g e o c he m-g ra vity ta rg e ts id e ntifie d
  • ve rlying ma jo r re g io na l struc ture s
  • Ma id e n d rill pro g ra m sc he d ule d fo r e a rly No v 2018

Po rtfo lio o f Distric t- Sc a le , Hig h Im pa c t Pro je c ts in Austra lia a nd C a na da

  • 245km 2 a re a c o ve ring 27km o f strike a lo ng the pro lific

L a rd e r L a ke -Ca d illa c F a ult in the Ab itib i Gre e nsto ne Be lt

  • Ma id e n 27,600m d ia mo nd d rill pro g ra m in e a rly 2018,

re sulting in 3 ne w g o ld d isc o ve rie s

  • Se c o nd pha se o f d rilling sc he d ule d fo r e a rly Ja n 2019

Yilg a rn Gold Proje c t (75- 100% ) Julima r Nic ke l- Va na dium Proje c t (100% ) Wa rre g o North Coppe r- Gold Proje c t (70- 100% ) F linde rs R ive r Va na dium Proje c t (100% )

Pyr amid Hill Gold Pr

  • je c t

(100% )

Kine bik Gold Proje c t (100% )

E ast Cadillac Gold Pr

  • je c t

(70-100% )

For personal use only

slide-5
SLIDE 5

5

What the industr y is saying…

T he re is an ab so lute appe tite to impro ve the po rtfo lio mix… and Australia and No rth Ame ric a are ve ry muc h fo c us are as Ang lo Go ld Ashanti We 're o pe n fo r b usine ss in the e xplo ratio n spac e , we 're ac tive ly lo o king fo r ne w partne rs…. if yo u have g o t a pro je c t, c o me and talk to us Ne wc re st T he mo st e xc iting part ab o ut F

  • ste rville is the ho st o f
  • the r targ e ts that are the re and the o ppo rtunitie s –

mayb e we still have n't fo und the re al g o ld de po sit ye t… We b e lie ve the re 's mo re to c o me Kirkland L ake Go ld

For personal use only

slide-6
SLIDE 6

6

Vic to ria

Pyra m id Hill G o ld Pro je c t

For personal use only

slide-7
SLIDE 7

7

Pyramid Hill is a distric t sc a le 3,080km 2 pro je c t a c q uire d in la te 2017, in the

hig hly pro spe c tive a nd re -invig o ra te d No rth Be ndig o zo ne

  • Be nd ig o Zo ne ha s pro d uc e d >60Moz of hig h-g r

a de g old

  • Vic to ria n Go vt ‘ Go ld Und e rc o ve r’ e stima te d a n und isc o ve re d

g o ld e nd o wme nt o f ~32Moz Au in the no rthe rn Be nd ig o Zo ne und e r Murra y Ba sin c o ve r

  • Cha lic e c o ntro ls 3,080km2 in 3 d istric ts;
  • NW o f wo rld -c la ss 22Moz @ 15g / t Au Be nd ig o Go ld fie ld
  • NE
  • f the 7Moz F
  • ste rville Go ld Mine o f K

irkla nd L a ke Go ld (ASX: K L A | T SX: K L ) – US$261/ oz Op. Ca sh Costs YT D 2018

  • W o f Ca ta lyst Me ta ls (ASX: CYL

) T a nd a rra a nd F

  • ur E

a g le s Pro je c ts

  • Re g io n und e r c o ve r is po o rly e xplo re d , with limite d d isc o ve rie s
  • 3 ma jo r re g io na l fa ults whic h ho st Be nd ig o , Ba lla ra t, Ca stle ma ine

a nd o the r sig nific a nt d e po sits e xte nd thro ug h the Pro je c t

First phase of drilling in Nov-18

>70km of strike c ove rage along major re gional struc ture s

For personal use only

slide-8
SLIDE 8

8

Pyramid Hill fo ur la rg e g o ld-in-so il a no ma lie s ide ntifie d in July, o ve rlying thre e

ma jo r re g io na l fa ults – a ll la rg e ly unte ste d

~15km to Be ndig o Goldfie ld (22Moz)

OPE N OPE N

Unde r c ove r Outc rop Ing le wood (96koz) T a nda rra (Ca ta lyst Me ta ls) R a yda rra (Ca ta lyst Me ta ls) F

  • ur E

a g le s (Ca ta lyst Me ta ls)

  • L
  • w le ve l g o ld a no ma lism in so il is a stro ng indic a to r o f g o ld

in unde rlying b e dro c k

  • T

he a no ma lie s a re signific ant, a s the y ha ve sc ale ; o ve rlie

major struc ture s a nd a re pro xima l to la rg e a nd hig h g ra de

g o ld de po sits

Anoma ly Size a t 5.5ppb Au c ontour (km) Pe a k Gold Va lue (ppb Au) We st

12 x 2.8 81

E a st

12 x 2.7 21.5

Ce ntr a l

5 x 2.7 20.7

Nor th

5 x 2.0 9.6

We st Ce ntr al E ast Nor th

  • Additio na l so il sa mpling a nd g ro und g ra vity

surve ys c o mple te d in Se pt

  • Ma ide n drill pro g ra m to c o mme nc e in e a rly

Nov 2018

For personal use only

slide-9
SLIDE 9

9

E a st T a rg e t South T arge t We st T a rg e t

Pyramid Hill ma ide n 8,500m drill pro g ra m c o mme nc ing in e a rly No ve mb e r,

drilling thre e la rg e -sc a le ta rg e t a re a s tha t a re e ffe c tive ly unte ste d

  • Mix o f a irc o re (AC) a nd re ve rse c irc ula tio n (RC) drilling de pe nding
  • n c o ve r – multi-purpo se rig b e ing mo b ilise d
  • Wide spa c e d line s (3km+), tig htly spa c e d ho le s pla nne d
  • Minima l e ffe c tive histo ric a l drilling o ve r the We st a nd E

a st ta rg e ts

~20km

West Target

  • >20km g ra vity fe a ture a nd >12km c o he re nt

so il a no ma ly o ve rlying Ca mpb e llto wn F a ult

  • 20-50m c o ve r e xpe c te d
  • >10km g ra vity fe a ture o ve rlying Muc kle fo rd

F a ult

  • 10-30m c o ve r e xpe c te d
  • Ano ma lo us g o ld in histo ric a l AC drilling (RC

fo llo w-up pla nne d)

East Target

  • >12km c o he re nt so il a no ma ly o ve rlying

Se b a stia n F a ult

  • 90-110m o f c o ve r e xpe c te d

South Target

For personal use only

slide-10
SLIDE 10

10

Pyramid Hill initia l drill ta rg e ts ha ve g e o physic a l a nd g e o lo g ic a l simila ritie s to

Be ndig o – pro viding e no rmo us upside po te ntia l

Ne w Chum L ine

~2.6Mo z @ 15.1g / t Au

Ga rde n Gully L ine

~4.8Mo z @ 15.0g / t Au

Hustle rs L ine

~0.95Mo z @ 17.6g / t Au

She e pshe a d L ine

~0.74Mo z @ 11.6g / t Au

Ca na dia n Ma la rtic Ope n Pit

  • utline (one of the la rg e st ope n

pit mine s in Ca na da ) Ag nic o E a g le – Ya ma na Gold JV Ka lg oorlie ‘Supe r Pit’ (KCGM)

  • utline (la rg e st ope n pit g old

mine in Austra lia ) Ne wmont – Ba rric k JV

L a rg e , hig h g ra de de po sit

  • f ~22Moz @ 15g/ t Au

Wo rld’ s la rg e st pro duc e r fro m 1850 to 1890

Be ndig o Goldfie ld Sc he ma tic c ross se c tion showing Sa ddle a nd Be dde d R e e fs Sc he ma tic long se c tion

So urc e : Hug he s, F .E . 1990, Ge o lo g y o f the Mine ral De po sits o f Australia and Papua Ne w Guine a, T he Austra la sia n Institute o f Mining a nd Me ta llurg y, Me lb o urne

2km

N

Be ndig o urba n a re a

E ve ry 100 ve rtic a l me tre s c o nta ine d

3- 5Moz gold

Sc a le Co mpa riso ns

For personal use only

slide-11
SLIDE 11

11

Ea st C a dilla c G o ld Pro je c t

Que b e c

For personal use only

slide-12
SLIDE 12

12

Douay >3Moz

CANADA

  • >27km of strike a lo ng the L

a rde r L a ke – Ca dilla c F a ult – the mo st pro lific g o ld tre nd in the so uthe rn Ab itib i, with kno wn g o ld e ndo wme nt o f >100Moz

  • 14 e arn- in / purc hase agre e me nts e xe c ute d

sinc e la te 2016 to c onsolidate o wne rship 70- 100%

  • ~C$12 million spe nt to da te o n e xplo ra tio n
  • Mine ra l Re so urc e a t No rde a u We st pro pse c t

b a se d o n histo ric a l drilling o f c . 175koz Au @

4.1g/ t Au1

E ast Cadillac is a distric t sc a le 245km 2 pro je c t a c q uire d in la te 2016, lo c a te d

in the pro lific Ab itib i g re e nsto ne b e lt (re g io na l g o ld e ndo wme nt o f >210Mo z)

1 NI43-101 a nd JORC 2012 c o mplia nt Mine ra l Re so urc e a t No rde a u We st – Indic a te d 225,000t @ 4.17g / t Au a nd Infe rre d 1.11Mt @ 4.09g / t Au

Que be c is a mining fr ie ndly jur isdic tion with no sta te r

  • ya lty a nd a ~30% e xplor

a tion r e ba te

For personal use only

slide-13
SLIDE 13

13

T he Proje c t is along strike from se ve ral globally signific ant gold mine s and surrounds a historic al high-grade gold mine

East Cadillac Gold Project Sigma Lamaque >11Moz @ ~7g/t Au Goldex >5Moz @ ~1.7g/t Au Malartic Open Pit >16Moz @ ~1.1g/t Au LaRonde >12Moz @ ~5g/t Au

YAMANA / AGNICO EAGLE

CANADA

AGNICO EAGLE

Chimo 0.4Moz @ ~5g/t Au

For personal use only

slide-14
SLIDE 14

14

~35km b y se a le d hig hwa y fro m to wn o f Va l-d’ Or (~30,000 pe o ple )

Chimo Mine (powe r c onne c tion a nd roa d a c c e ss) Va l- d’Or Ca na dia n Ma la rtic Mine (>16Moz)

Gold De posit/ Mine

Sig ma L a ma que Mine (>11Moz)

L a c Gue g ue n L a c Ma tc hi- Ma nitou L a c Ville bon

T he Proje c t has all se ason ac c e ss and e xc e lle nt ne arby infrastruc ture

All se a so n a c c e ss to the pro pe rty Ge o c he mistry a c c e ss Ma y – Oc to b e r Drilling a c c e ss o n e ntire pro pe rty in winte r, re stric te d to no n-we tla nd a re a s in summe r Wo rld c la ss infra struc ture inc luding ro a d, ra il a nd po we r Multiple g o ld pro c e ssing fa c ilitie s in the re g io n

For personal use only

slide-15
SLIDE 15

15

E ast Cadillac pre vio usly se g me nte d o wne rship limite d re g io na l e xplo ra tio n in

the distric t fo r de c a de s; we ha ve c o nso lida te d o wne rship 70-100%

Chalic e (100% ) Chimo (Chalic e 100% ) Globe x / Bate man Option (C$0.59M c ash + C$2.5M e xp. to e ar n 100% by Oc t-2020) Pe r shime x Option (C$0.37M c ash + C$1.75M e xp. to e ar n 70% by De c -2021) Re nfor th Option (C$0.2M c ash + C$1.25M e xp. to e ar n 80% by May-2021)

CANADA

E xc lusio n Are a

For personal use only

slide-16
SLIDE 16

16

L a c R a pide s

20.8m @ 0.74g / t Au inc l. 3.1m @ 4.27g / t Au Wide o pe n a ll dire c tio ns

Nor de a u We st Histor ic a l Re sour c e

Ind Re so urc e 30ko z @ 4.2g / t Au Inf Re so urc e 146ko z @ 4.1g / t Au North Conta c t

23.5m @ 1.12g / t Au inc l. 2.0m @ 6.86g / t Au a nd 1.0m @ 5.71g / t Au Wide o pe n a ll dire c tio ns

Chimo Gold Mine

(Ca rtie r Re so urc e s) 379ko z Au @ 4.8g / t histo ric a l pro duc tio n 45,000m drilling unde rwa y

Simon We st

11.9m @ 3.2g / t Au Inc l. 1.6m @ 18.5g / t Au

5km

Va l- d’Or ~35km

N

Norde a u South

Mine r a lise d tr e nd Gold oc c ur r e nc e 2017- 2018 DDH E a st Ca dilla c Gold Pr

  • je c t

E ast Cadillac drilling ha s fo c use d o n finding a no the r la rg e (Ma la rtic / Sig ma -

L a ma q ue ) style de po sit, with thre e ne w disc o ve rie s sinc e a c q uisitio n

F

  • r

sa n

4.0m @ 56.86g / t Au (histo ric a l)

1 2 3

For personal use only

slide-17
SLIDE 17

17

Ande rson Anomaly L e g ra nd Anoma ly

E ast Cadillac re c e nt so il sa mpling ha s ide ntifie d the la rg e L

e g ra nd a nd Ande rso n MMI so il a no ma lie s – ne w la rg e -sc a le ta rg e ts fo r drilling in Ja n-19

5,320,000mN

Ande r son

Ma rquise Val-d’Or ~35km Chimo Gold Mine

(Ca rtie r Re so urc e s) 379ko z Au @ 4.8g / t histo ric a l pro duc tio n

L e gr and

L a c R a pide s North Conta c t F

  • rsa n

Geology Legend 5,315,000mN 330,000mE 340,000mE

Simon We st

5km

Ame ric Ma kwa

  • 3.4km x 1.3km c o he re nt MMI

g o ld-in-so il a no ma ly

  • Pe a k o f 22x b a c kg ro und
  • Simila r g e o c he m pa thfinde r

sig na ture a nd struc tura l se tting to

>16Moz Ca na dia n Ma la rtic

  • Unte ste d b y drilling
  • 2.3km x 0.5km c o he re nt MMI

g o ld-in-so il a no ma ly

  • Multiple la rg e g o ld de po sits a lo ng

a re g io na l struc ture to the we st

  • Unte ste d b y drilling

>8 6-8 4-6 >5 0.5-5

For personal use only

slide-18
SLIDE 18

18

C o rpo ra te

For personal use only

slide-19
SLIDE 19

19 L iste d o n Austra lia n Sto c k E xc ha ng e Cha lic e & Hig g insville pro je c ts so ld fo r ~A$12M

2 0 0 6 2 0 0 7

Za ra Go ld Pro je c t in E ritre a a c q uire d fo r

~A$7M

2 0 0 9 2 0 1 0

Priva te sha re pla c e me nt to ra ise ~A$9M L iste d o n T

  • ro nto

Sto c k E xc ha ng e Za ra Go ld Pro je c t in E ritre a so ld fo r ~US$114M, A$25M spe c ia l divide nd issue d to sha re ho lde rs

2 0 1 2 2 0 1 3

Ca me ro n Go ld Pro je c t in Onta rio a c q uire d fo r

~A$8M

Ca me ro n Go ld Pro je c t in Onta rio so ld fo r ~A$25M

2 0 1 6 2 0 1 7

Ac q uire d ne w distric t-sc a le e xplo ra tio n pro je c ts in Austra lia a nd Ca na da

…pr ude nt and we ll-time d asse t sale s have ge ne r ate d ~A$107M afte r tax pr

  • c e e ds to date

Our busine ss mode l and tr ac k r e c or d is sound; we have ac quir e d we ll and advanc e d pr

  • je c ts quic kly…

For personal use only

slide-20
SLIDE 20

20

Corporate snapshot

Austra lia n listing ASX: CHN Ca na d ia n listing T SX: CXN Sha re s o n Issue ~266M Sha re s – fully d ilute d ~285M ASX 52 we e k hig h/ lo w A$0.22 / A$0.13 T SX 52 we e k hig h/ lo w C$0.22 / C$0.13

Ca sh A$34.1M

L iq uid inve stme nts A$2.1M Curre nt re c e iva b le s A$3.0M Ma rke t c a pita lisa tio n ~A$37M

E nte r pr ise va lue ~nil

17% 64% F ra nklin T e mple to n 3% 9% T im Go yd e r (E xe c Cha irma n) Othe rs Pa ra d ic e Inve stme nt Mg mt 55% Sun Va lle y Go ld 12% 4% ASX T SX

L iquid Inve stme nts

AusGo ld (ASX: AUC) 66M sha re s (~11%) ~A$1.7M Othe rs ~A$0.4M

Ca pita l Str uc tur e T

  • p Sha r

e holde r s

As o f 30 S e pt 2018 (ro unde d), e xc lude s pro po se d c apital re turn o f 4c ps

For personal use only

slide-21
SLIDE 21

21

Board and manage me nt te am

T im Goyde r , E xe c utive Chair man

  • 40+ ye a r ind ustry ve te ra n
  • L
  • ng tra c k re c o rd o f suc c e ss a s a n inve sto r, e ntre pre ne ur

a nd c o mpa ny d ire c to r

  • L

a rg e st sha re ho ld e r o f Cha lic e (~17%)

Ste phe n Quin, Inde pe nde nt Non- E xe c Dir e c tor , PGe o

  • 35 ye a rs e xpe rie nc e in mining a nd e xplo ra tio n
  • Pre sid e nt a nd CE

O o f Mid a s Go ld Co rp (T SX: MAX)

Mor gan Ball, L e ad Inde pe nde nt Non-E xe c Dir e c tor , BCom, ACA

  • Cha rte re d Ac c o unta nt with 25+ ye a rs e xpe rie nc e
  • Sig nific a nt mining , c o mme rc ia l a nd c o rpo ra te e xpe rie nc e
  • Chie f F

ina nc ia l Offic e r o f Sa ra c e n Mine ra l Ho ld ing s (ASX: SAR)

Ale x Dor sc h, Chie f E xe c utive Offic e r , BE ng (Hons), BF in

  • E

xpe rie nc e d c o nsulta nt, e ng ine e r a nd c o rpo ra te a d viso r in the e ne rg y a nd re so urc e s se c to rs

  • Pre vio usly Spe c ia list c o nsulta nt with Mc K

inse y & Co mpa ny

Dr Ke vin F r

  • st, GM – E

xplor ation, BSc (Hons) PhD MAIG

  • Ge o lo g ist with 30+ ye a rs e xpe rie nc e
  • Hig hly re g a rd e d g e o lo g ist within pro ve n histo ry o f

d isc o ve ry

  • Pa rt o f the d isc o ve ry te a m fo r the F

lying F

  • x a nd Spo tte d

Quo ll nic ke l d e po sits (We ste rn Are a s)

Ric har d Hac ke r , Chie f F inanc ial Offic e r , BCom, ACA, ACIS

  • 20+ ye a rs pro fe ssio na l, c o mme rc ia l a nd c o rpo ra te

e xpe rie nc e in the re so urc e s a nd e ne rg y se c to r in Austra lia a nd the UK

Patr ic k L e ngye l, E xplor ation Manage r – Canada, BSc

  • Ge o lo g ist with 20+ ye a rs e xpe rie nc e
  • E

xte nsive e xpe rie nc e in o ro g e nic g o ld a nd b a se me ta ls

  • Pre vio usly Princ ipa l Ge o lo g ist a t T

e c k Re so urc e s L imite d

For personal use only

slide-22
SLIDE 22

22

T wo pote ntially tr ansfor mational dr ill pr

  • gr

amme s c omme nc ing ove r the ne xt 3 months in Vic tor ia and Que be c

E ast Cadillac , Que be c Pyramid Hill, Vic toria Indic ative e xploration program

2018 2019

Jul Aug Se p Oc t Nov De c Jan F e b Mar

Dia mo nd drilling MMI so il sa mpling (ne w + infill) 3D-IP Gro und Gra vity Ama g BL E G so il sa mpling Re c o nna issa nc e drilling Ge o physic s Ge o physic s Ge o c he m F ina l a ssa ys Drill ta rg e ting a nd pe rmitting Drilling

  • 01. No v 2018

F ina l a ssa ys Ge o c he m Drilling Drill ta rg e ting F ina l a ssa ys

For personal use only

slide-23
SLIDE 23

23

Company Highlights

c . A$39M in c ur

r e nt a sse ts 4c ps c a pita l re turn pro po se d fo r No v 2018

Distr ic t sc ale e xplor ation pr

  • je c ts

a c ro ss pro lific g e o lo g ic a l te rra ne s in tie r-1 jurisdic tio ns, two po te ntia lly tra nsfo rma tio na l d rill pro g ra mme s c o ming up ~A$107 million g e ne ra te d fro m a sse t sa le s to d a te

We ll funde d Pr

  • ve n tr

ac k r e c or d

For personal use only

slide-24
SLIDE 24

24

T ha nk Yo u

L e ve l 2, 1292 Ha y Stre e t, We st Pe rth WA 6005, Austra lia info @ c ha lic e g o ld.c o m +61 8 9322 3960 twitte r.c o m/ c ha lic e g o ld linke din.c o m/ c o mpa ny/ c ha lic e -g o ld-mine s www.c ha lic e g o ld.c o m

For personal use only

slide-25
SLIDE 25

25

Appe ndix

C a na d a

For personal use only

slide-26
SLIDE 26

26

E AST CADIL L AC GOL D PROJE CT

Cha lic e ha s ta ke n a syste ma tic , g ro und-up a ppro a c h to e xplo ra tio n, a nd ha s c o ntinue d to c o nso lida te g ro und o ve r the la st ~24 mo nths

Pre -Chalic e

L imite d g e o c he mistry a nd sha llo w drilling a lo ng ma in tre nd

May – Nove mbe r 2017

3D-IP, Ama g , L IDAR surve ys Ba rk, MMI so il sa mpling

Oc tobe r 2016

Optio n de a l with Glo b e x to e a rn up to 100%

Oc tobe r 2017 – January 2018

Pha se 1 dia mo nd drilling (7,700m)

January – Marc h 2018 De c e mbe r 2017

Optio n de a l with K ha lko s to e a rn up to 70%

Nove mbe r 2016

Optio n de a l with Ric hmo nt (a c q uire d b y Mo na rq ue s Go ld) to e a rn up to 70%

Nove mbe r – De c e mbe r 2016

F

  • o twa ll c la ims

pe g g e d (100%)

2016 2017

Marc h 2017

JORC 2012 MRE a t No rde a u We st

2018

Pha se 2 dia mo nd drilling (20,000m), Simo n We st, No rth Co nta c t a nd L a c Ra pide s disc o ve rie s

May 2018

F a rm-in de a l with Re nfo rth to e a rn up to 80%

July – Oc tobe r 2018

Re g io na l MMI so il sa mpling , 3D-IP a nd Ama g surve ys

For personal use only

slide-27
SLIDE 27

27

5km

E AST CADIL L AC GOL D PROJE CT

Curre nt fie ld se a so n a ims to ve c to r in o n hig h g ra de within a re a s o f kno wn mine ra lisa tio n a nd e xplo re 5 ne w la rg e -sc a le ta rg e t a re a s

  • 5 ne w la rg e

sc a le ta rg e t a re a s de fine d fro m re c e nt struc tura l re - inte rp wo rk

  • Build o n No rth

Co nta c t a nd L a c Ra pide s disc o ve rie s a nd fo llo w up

  • n histo ric a l
  • c c urre nc e s
  • T
  • ta l pro g ra m

b udg e t o f c . C$1.9M

  • July-Oc t 2018

L ac Matc hi-Manitou

N

L ac Ville bon L ac Sauc isse

Ar e a 1 Ar e a 2 Ar e a 3 Ar e a 4 Ar e a 5 Mine r a lise d tr e nd Gold oc c ur r e nc e 2017- 2018 DDH 2018 Soil sa mple s 2018 3DIP 2018 Ama g E a st Ca dilla c Gold Pr

  • je c t

Nor th Conta c t F

  • r

sa n

4.0m @ 56.86g / t Au (histo ric a l)

L a c Ville bon E a st Mc Donoug h Ame r ic L a c Ra pide s

For personal use only

slide-28
SLIDE 28

28

E AST CADIL L AC GOL D PROJE CT

Drilling c o nfirme d >3.5km o f strike is mine ra lise d a t Simon We st, with multiple ste e p dipping g o ld zo ne s with hig h g ra de (~18g / t Au) c o re s

Pla n vie w – Simon F a r We st to Nor de a u We st Cr

  • ss se c tion thr
  • ug h hole s 20- 21 (looking we st)

Nor de au We st Simon We st

B A

B A

Mine ra lise d tre nd 2017-2018 DDH

Simon F ar We st

1km

N

Re fe r to ASX a nno unc e me nt o f 30 Ma y 18 fo r full de ta ils Chimo Gold Mine

(Ca rtie r Re so urc e s) 379ko z Au @ 4.8g / t histo ric a l pro duc tio n 45,000m drilling unde rwa y

For personal use only

slide-29
SLIDE 29

29

E AST CADIL L AC GOL D PROJE CT

T he Nor

th Contac t disc o ve ry wa s ma de in Q2 2018, with a wide 23m @

1.1g / t Au hit inc luding 2 hig h g ra de c o re s; wide o pe n in a ll dire c tio ns

Re fe r to ASX a nno unc e me nt o f 30 Ma y 18 fo r full de ta ils

Pla n vie w – Nor th Conta c t Cr

  • ss se c tion thr
  • ug h hole 72 (looking we st)

Mine ra lise d tre nd 2017-2018 DDH

B A

B A

4.2m @ 0.53g / t Au 6.5m @ 1.77g / t Au inc l. 3.5m @ 2.10g/ t Au 23.5m @ 1.12g / t Au inc l. 2.0m @ 6.86g / t Au a nd 1.0m @ 5.71g / t Au 1km

N

For personal use only

slide-30
SLIDE 30

30

E AST CADIL L AC GOL D PROJE CT

Ge o physic s – 3D-I P (Ore visio n) 2017

A 3D-IP Ore visio n surve y wa s c o mple te d o ve r 16 km strike

  • n 200m-spa c e d se c tio ns

d uring summe r 2017 c e nte re d o ve r the L a rd e r L a ke - Ca d illa c F a ult (L L CF )

  • Stro ng d isc re te a nd strike

c o ntinuo us c ha rg e a b ility a no ma lie s id e ntifie d within the surve y a re a

  • Cha rg e a b ility a no ma lie s

c o inc id e nta l with ma jo rity

  • f kno wn Au d e po sits/
  • c c urre nc e s
  • Stro ng 13km strike le ng th

IP c ha rg e a b ility a no ma ly c o inc id e nta l with No rth Co nta c t ta rg e t

  • Unte ste d IP a no ma lie s

e lse whe re a lo ng fa vo ura b le struc ture s/ c o nta c ts F

  • llo w up fo r 2018 inc lude s

c o ntinuing the 3D-IP surve y a lo ng the e a ste rn e xte nsio n

  • f L

L CF to L a ke Ma tc hi- Ma nito u

E ast Cadillac IP Char ge ability ove r r e gional ge ology

For personal use only

slide-31
SLIDE 31

31

E AST CADIL L AC GOL D PROJE CT

Ge o physic s – Ae ro ma g ne tic s 2018

T hre e he li-ma g a e ro ma g ne tic surve ys (50m a nd 70m line spa c ing ) c o mple te d d uring summe r 2017, Ja nua ry 2018 a nd Aug ust 2018 Va rio us ma g ne tic ima g e s (T MI, RT P, 1VD, T DR) ha ve b e e n utilise d to c o mpile a litho - struc tura l inte rpre ta tio n

  • f the pro je c t a re a

Ae ro ma g ne tic s pro vid e d the b a sis o f litho -struc tura l inte rpre ta tio n whic h sho ws the g re e nsto ne b e lt suc c e ssio n c o mprise s a po lypha se d e fo rme d se q ue nc e o f stro ng ly ma g ne tic BIF , d o le rite a nd ultra ma fic , mo d e ra te ly ma g ne tic ma fic vo lc a nic s a nd we a kly ma g ne tic silic ic la stic se d ime nts

E ast Cadillac T MI RT P T DR ae r

  • magne tic image , pr
  • spe c ts and 2018 MMI soil anomalie s

For personal use only

slide-32
SLIDE 32

32

E AST CADIL L AC GOL D PROJE CT

Ge o c he mistry – MMI so il sa mpling c o ve ra g e 2018

F

  • ur so il sa mpling

pro g ra ms ha ve b e e n c o mple te d o n the E CG pro pe rty. T he first so il pro g ra m wa s c o mple te d during fa ll 2016 o n the Glo b e x Optio n. T he fo llo wing summe r fie ld c re ws re turne d in June to c o ve r the Ric hmo nt Optio n a nd the 100% Cha lic e c la ims to the so uth. L a te r tha t ye a r the K ha lko s Optio n a nd the 100% Cha lic e c la ims to the no rth we re a c q uire d a nd sa mpling wa s c o mple te d in the fa ll

  • f 2017.

In the summe r o f 2018 ne w 200 x 200 m a nd 400 x 400 m g rids we re sa mple d o n the Re nfo rth Optio n, a s we ll a s 200 x 200 m infill a t Sa usa g e L a ke , F

  • rsa n, a nd the

no rthe rn c la ims E ast Cadillac soil sampling loc ations ove r r e gional ge ology

Org a nic so ils Ino rg a nic so ils

For personal use only

slide-33
SLIDE 33

33

E AST CADIL L AC GOL D PROJE CT

Ge o c he mistry – MMI so il sa mpling re sults – Go ld 2018

MMI sa mple s c o lle c te d b y ha nd-a ug e r with the pre fe re nc e to c o lle c t a n ino rg a nic (B Zo ne ) sa mple b e lo w surfa c e o rg a nic so ils (no t po ssib le in we tla nd a re a s)

  • So ils initia lly c o lle c te d o n a 400m x 400m

re c o nna issa nc e g rid (re g io na l sa mpling ) o r a 200m x 200m g rid (L L CF c o rrido r)

  • I

nfill sa mpling (200m x 200m) c o mple te d a s a fo llo w-up to a ny sig nific a nt 400m x 400m a no ma lie s So il re sults sho wn a s g o ld re spo nse ra tio (dividing g o ld va lue b y the a ve ra g e o f the lo we st q ua rtile o f a ll the g o ld va lue s, a nd ro unding to the ne a re st inte g e r). T he re spo nse ra tio is use d b e c a use it g ive s a b e tte r indic a tio n o f the a no ma lo us va lue s

E ast Cadillac MMI soil sampling Au r e sponse r atio ove r r e gional ge ology

For personal use only

slide-34
SLIDE 34

34

E AST CADIL L AC GOL D PROJE CT

Ge o c he mistry – MMI so il sa mpling re sults – Arse nic 2018

MMI sa mple s c o lle c te d b y ha nd-a ug e r with the pre fe re nc e to c o lle c t a n ino rg a nic (B Zo ne ) sa mple b e lo w surfa c e o rg a nic so ils (no t po ssib le in we tla nd a re a s)

  • So ils initia lly c o lle c te d o n a 400m x 400m

re c o nna issa nc e g rid (re g io na l sa mpling ) o r a 200m x 200m g rid (L L CF c o rrido r)

  • I

nfill sa mpling (200m x 200m) c o mple te d a s a fo llo w-up to a ny sig nific a nt 400m x 400m a no ma lie s So il re sults sho wn a s a rse nic re spo nse ra tio (dividing a rse nic va lue b y the a ve ra g e o f the lo we st q ua rtile o f a ll the a rse nic va lue s, a nd ro unding to the ne a re st inte g e r). T he re spo nse ra tio is use d b e c a use it g ive s a b e tte r indic a tio n o f the a no ma lo us va lue s

E ast Cadillac MMI soil sampling As r e sponse r atio ove r r e gional ge ology

For personal use only

slide-35
SLIDE 35

35

E AST CADIL L AC GOL D PROJE CT

Chimo Go ld Mine (Ca rtie r Re so urc e s: T SX-V:E CR)

Histor ic Pr

  • duc tion - 379,012 oz Au

@ ~4.8g/ t Au

De pth: fro m surfa c e to >900m Surfac e e xpre ssion: 1.5km strike within

Chimo pro pe rty b o unda ry

Width: 570m T hic kne ss: Ro ug hly 5-20m individua l

zo ne s within ‘ c luste rs’ up to 200m

Style : Oro g e nic Narrow high grade quartz ve ins (oroge nic ove rprint)

2017 De e p Drilling b y Ca rtie r Re so urc e s te sting do wn dip e xte nsio n o f Chimo wo rking s (CH-46 & 47). No rthe rn mo st sto pe pro je c ts do wn dip o nto E CG pro pe rty a t a ppro xima te ly 1050m ve rtic a l de pth 45,000m dia mo nd drilling pro g ra m no w unde rwa y to de fine re so urc e

S

  • urc e : https:/

/ www.re so urc e sc artie r.c o m/

Ca rtie r De e p DDH CH-46 & 47 Cha lic e Ca rtie r

500 m

For personal use only

slide-36
SLIDE 36

36

E AST CADIL L AC GOL D PROJE CT

Ma jo r de po sits in the Ab itib i – Ca na dia n Ma la rtic

Malar tic (>16Moz @ ~1.1g/ t Au)

Mine ralisation F

  • otprint Charac te ristic s
  • De pth: fro m surfa c e to >3,000m
  • Surfac e e xpre ssion: >3.5km strike
  • Width: 1,500m
  • T

hic kne ss: >100-200m

  • Style : IRGS
  • L

arge alte ration footprint (>3.5km)

S

  • urc e : Gaillard, N., 2018 Mic a c o mpo sitio n as a ve c to r

to g o ld mine ralizatio n: De c iphe ring hydro the rmal and me tamo rphic e ffe c ts in the Malartic distric t, Que b e c http:/ / ab itib iro yaltie s.c o m Pe rro uty, S ., 2017, Multi-Parame te r F

  • o tprints o f the

Canadian Malartic De po sit

3.5km 1.5km 3km

For personal use only

slide-37
SLIDE 37

37

E AST CADIL L AC GOL D PROJE CT

Ma jo r de po sits in the Ab itib i – Sig ma -L a ma q ue

Sigma-L amaque (>11Moz @ ~7g/ t Au)

Mine ralisation F

  • otprint Charac te ristic s
  • De pth: fro m surfa c e to >1,800m
  • Surfac e e xpre ssion: fro m 300m (L

a ma q ue ) to 500m (Sig ma )

  • Width: Up to 300m
  • T

hic kne ss: Va rio us (up to 6m sta c ke d she a r zo ne s

a nd up to 10-25m thic k sta c ke d ve ins ve ins)

  • Style : IRGS - Oro g e nic
  • Na r

r

  • w hig h g r

a de qua r tz ve ins (or

  • g e nic
  • ve r

pr int)

S

  • urc e : Ke o g h, C., 2018 E

ldo r ado Go ld, S ig ma L amaq ue NI 43-101 Armstro ng, T ., 2007, Ce ntury Mining Co rp. AnnualI nfo rmatio n F

  • rm

2km

For personal use only

slide-38
SLIDE 38

38

E AST CADIL L AC GOL D PROJE CT

Ma jo r de po sits in the Ab itib i – Go lde x

Golde x (>5Moz @ ~1.7g/ t Au)

Mine ralisation F

  • otprint Charac te ristic s
  • De pth: fro m surfa c e to >300m (M zo ne o nly)
  • Surfac e e xpre ssion: >250m (M zo ne )
  • Width: >300m
  • T

hic kne ss: >250m

  • Style : IRGS

S

  • urc e : Ge ne st, R., 2012 T

e c hnic alRe po rt o n Pro duc tio n o f the M and EZ

  • ne s at Go lde x Mine

https:/ / www.ag nic o e ag le .c o m/

For personal use only

slide-39
SLIDE 39

39

T he Kine bik Gold Proje c t c o ve rs >30km o f strike a lo ng the Ca sa Be ra di F a ult – a n unde re xplo re d g re e nsto ne b e lt

  • ~187km 2 pro pe rty a re a c o ve ring >30km
  • f str

ike a lo ng the Ca sa Be ra rdi F

a ult

  • Be lt ho sts se ve ra l sig nific a nt g o ld

de po sits inc luding :

  • Ca sa Be ra di (c . 6Moz) o wne d b y

He c la Mining (NYSE : HL )

  • Do ua y (c . 3Moz) o wne d b y Ma ple

Go ld Mine s (T VX: MGM)

  • Histo ric a l e xplo ra tio n a lmo st no n-

e xiste nt

  • Nume ro us so il g e o c he mic a l a nd 3D I

P a no ma lie s ide ntifie d to da te

For personal use only

slide-40
SLIDE 40

40

Appe ndix

Austra lia

For personal use only

slide-41
SLIDE 41

41

  • T

e nna nt Cre e k histo ric a lly e xplo ite d fo r hig h g ra de IOCG style g o ld a nd c o ppe r – re sulting in se ve ra l ‘ c o mpa ny ma king ’ mine s

Rooste r T a r g e t White De vil 1.6Mt @ 14.6g / t Au (0.75Moz) Wa r r e g o 7Mt @ 2.5% Cu, 7.0g / t Au (1.6Moz)

R e g iona l Ae roma g ne tic s

Pa r a ke e t Pr

  • spe c t

8m @ 1.7% Cu, 0.4g / t Au Chook Pr

  • spe c t

17m @ 1.0% Cu E mu T a r g e t

  • L

a rg e ma g ne tic T a rg e t

  • Multiple iro nsto ne s infe rre d fro m

g e o physic s a nd sha llo w ine ffe c tive histo ric a l drilling

  • T
  • b e drille d o nc e E

L 31609 g ra nte d, e xpe c te d in e a rly 2019

10km

Ro o ste r T a rg e t

  • E

mu T a rg e t drille d in Aug 2018, a no ma lo us c o ppe r re a ding s we re o b se rve d, ho we ve r no hig h-g ra de g o ld

  • Pa ra ke e t Pro spe c t drille d in 2017, b e st inte rse c tio n o f

8m @ 1.7% Cu and 0.4g/ t Au – pro spe c tive b ut la c king

hig h g ra de g o ld

Warre go North se ve ra l la rg e I

OCG ta rg e ts pro spe c tive fo r hig h g ra de g o ld- c o ppe r – ne xt pha se o f wo rk in e a rly 2019

For personal use only

slide-42
SLIDE 42

42

Yilgarn Proje c t c o nsists o f five pro spe c tive ho lding s in the E

a ste rn Go ldfie lds a nd So uthe rn Cro ss re g io ns

Kur r ajong Bor e

Pe rth K a lg o o rlie

Bunjar r a We ll & Je r ic ho Nulla South Gibb Roc k

Kur r a jong Bor e (Cha lic e 95% )

48km2 a re a ~50km NE

  • f the wo rld c la ss Gwa lia g o ld mine (>5Mo z

Au) a nd pro xima l to o the r sma lle r o ro g e nic g o ld de po sits a lo ng the Me rto nda le she a r zo ne

Bunja r r a We ll (Cha lic e 95% )

75km² a re a a dja c e nt to the hig hly pro spe c tive K e ith K ilke nny She a r Zo ne , a ma jo r re g io na l line a me nt kno wn fo r its re g io na l pro spe c tivity a nd g o ld e ndo wme nt

Je r ic ho (Cha lic e 95% )

11.6km2 a re a a dja c e nt to Bunja rra in the sa me re g io na l zo ne

Gibb R

  • c k (Cha lic e 95% )

55km2 a re a lo c a te d in the Ho lle to n g re e nsto ne b e lt

Nulla South (R a me lius e a r ning 75% )

275km² a re a ~25km SE

  • f the a c tive ly pro duc ing E

dna Ma y g o ld mine (>1Mo z Au) o ve r the We sto nia g re e nsto ne b e lt

For personal use only

slide-43
SLIDE 43

43

T he F

linde rs Rive r Vanadium Proje c t surro unds >3 b illio n to nne s o f va na dium

re so urc e s a nd ha s e xc e lle nt infra struc ture a c c e ss

  • Nine e xplo ra tio n lic e nc e a pplic a tio ns
  • Surro unds the ~2.6Bt @ 0.32% V2O 5 sha le -

ho ste d Ric hmo nd Va na dium Pro je c t (AXF Gro up / I nte rmin Re so urc e s ASX: I RC)

  • Va na dium-b e a ring T
  • o le b uc sha le

po te ntia lly e xte nds o ve r lic e nc e a re a s b a se d o n a simila r ra dio me tric re spo nse

  • Wide spa c e d a irc o re drilling pro g ra m to

a sse ss thic kne ss a nd g ra de pla nne d

Hug he nde n R ic hmond Ma nfr e d & Bur wood (Inte r min) Sa int E lmo (Multic om) 0.55Bt @ 0.29% V2O 5 R

  • sbur

y (Inte r min) 1.76Bt @ 0.31% V2O 5 L ilyva le (Inte r min) 0.67Bt @ 0.35% V2O 5

N

Chalic e applic ations Highways Railway Inte r min / AXF te nur e (ASX: IRC) T

  • wn

Vanadium r e sour c e

Mt Isa ~250km T

  • wnsville

~380km

Radiome tr ic L

  • w-High

50km

F linde r s R ive r Pr

  • je c t

F linde r s R ive r Pr

  • je c t

For personal use only

slide-44
SLIDE 44

44

Julimar Nic ke l- Vanadium Proje c t is pro spe c tive fo r Nic ke l-Co ppe r-PGE

s a nd intrusio n re la te d Va na dium-T ita nium mine ra lisa tio n

Julima r Proje c t Ni- Cu- PGE ta rg e ts L a rg e la ye re d Ma fic - Ultra ma fic c omple x (V- T i ta rg e ts)

18m @ 0.25% V2O 5

  • T

wo lic e nc e a pplic a tio ns c o ve ring a n inte rpre te d la rg e (26 x 7km) la ye re d ma fic -ultra ma fic intrusive c o mple x

  • E

xc e lle nt a c c e ss via Gre a t No rthe rn Hig hwa y, lo c a te d just 80km NE

  • f Pe rth
  • Ge o physic s pro g ra m

sc he dule d fo r e nd Q3 2018

18m @ 0.25% V2O 5

Ya ra winda h Brook (Ca ssini) Coa te s (Austra lia n Va na dium)

For personal use only

slide-45
SLIDE 45

45

Po rtfo lio o f Distric t- Sc a le , Hig h Im pa c t Pro je c ts in Austra lia a nd C a na da

Yilgar n Gold Pr

  • je c t

(75-100% ) Julimar Nic ke l- Vanadium Pr

  • je c t

(100% ) War r e go Nor th Coppe r

  • Gold Pr
  • je c t

(70-100% ) F linde r s Rive r Vanadium Pr

  • je c t

(100% )

Pyr amid Hill Gold Pr

  • je c t

(100% )

Kine bik Gold Pr

  • je c t

(100% )

E ast Cadillac Gold Pr

  • je c t

(70-100% )

For personal use only