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 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
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
T SX : CXN
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
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
war d-L
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.
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District-sc ale , tie r-1 e xploration proje c ts
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
c urre nt re c e iva b le s a t 30-Se pt-18 (~A$39M / 14.7c ps)
e tur n pr
Nov 2018 Pr
ie nc e d te a m
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
sa le s o f ~A$107M, ~A$25M c a pita l re turn in 2012
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Go ld fie ld a nd NE
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
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
re sulting in 3 ne w g o ld d isc o ve rie s
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
(100% )
Kine bik Gold Proje c t (100% )
E ast Cadillac Gold Pr
(70-100% )
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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
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
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Pyra m id Hill G o ld Pro je c t
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a de g old
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
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
) T a nd a rra a nd F
a g le s Pro je c ts
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
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~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
a g le s (Ca ta lyst Me ta ls)
in unde rlying b e dro c k
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
surve ys c o mple te d in Se pt
Nov 2018
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E a st T a rg e t South T arge t We st T a rg e t
a st ta rg e ts
~20km
West Target
so il a no ma ly o ve rlying Ca mpb e llto wn F a ult
F a ult
fo llo w-up pla nne d)
East Target
Se b a stia n F a ult
South Target
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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
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)
mine in Austra lia ) Ne wmont – Ba rric k JV
L a rg e , hig h g ra de de po sit
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
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Ea st C a dilla c G o ld Pro je c t
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Douay >3Moz
CANADA
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
sinc e la te 2016 to c onsolidate o wne rship 70- 100%
b a se d o n histo ric a l drilling o f c . 175koz Au @
4.1g/ t Au1
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
a tion r e ba te
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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
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~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
15
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
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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
F
sa n
4.0m @ 56.86g / t Au (histo ric a l)
1 2 3
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Ande rson Anomaly L e g ra nd Anoma ly
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
Geology Legend 5,315,000mN 330,000mE 340,000mE
Simon We st
5km
Ame ric Ma kwa
g o ld-in-so il a no ma ly
sig na ture a nd struc tura l se tting to
>16Moz Ca na dia n Ma la rtic
g o ld-in-so il a no ma ly
a re g io na l struc ture to the we st
>8 6-8 4-6 >5 0.5-5
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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
Za ra Go ld Pro je c t in E ritre a a c q uire d fo r
~A$7M
Priva te sha re pla c e me nt to ra ise ~A$9M L iste d o n T
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
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
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
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
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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
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
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T im Goyde r , E xe c utive Chair man
a nd c o mpa ny d ire c to r
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
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
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
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
inse y & Co mpa ny
Dr Ke vin F r
xplor ation, BSc (Hons) PhD MAIG
d isc o ve ry
lying F
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
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
xte nsive e xpe rie nc e in o ro g e nic g o ld a nd b a se me ta ls
e c k Re so urc e s L imite d
22
T wo pote ntially tr ansfor mational dr ill pr
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
F ina l a ssa ys Ge o c he m Drilling Drill ta rg e ting F ina l a ssa ys
23
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
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
ac k r e c or d
24
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
25
26
E AST CADIL L AC GOL D PROJE CT
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
pe g g e d (100%)
Marc h 2017
JORC 2012 MRE a t No rde a u We st
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
27
5km
E AST CADIL L AC GOL D PROJE CT
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
Co nta c t a nd L a c Ra pide s disc o ve rie s a nd fo llo w up
b udg e t o f c . C$1.9M
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
Nor th Conta c t F
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
28
E AST CADIL L AC GOL D PROJE CT
Pla n vie w – Simon F a r We st to Nor de a u We st Cr
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
29
E AST CADIL L AC GOL D PROJE CT
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
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
30
E AST CADIL L AC GOL D PROJE CT
A 3D-IP Ore visio n surve y wa s c o mple te d o ve r 16 km strike
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 )
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
c o inc id e nta l with ma jo rity
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
e lse whe re a lo ng fa vo ura b le struc ture s/ c o nta c ts F
c o ntinuing the 3D-IP surve y a lo ng the e a ste rn e xte nsio n
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
31
E AST CADIL L AC GOL D PROJE CT
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
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
32
E AST CADIL L AC GOL D PROJE CT
F
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
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
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
33
E AST CADIL L AC GOL D PROJE CT
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)
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)
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
34
E AST CADIL L AC GOL D PROJE CT
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)
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)
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
35
E AST CADIL L AC GOL D PROJE CT
Histor ic Pr
@ ~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
/ 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
36
E AST CADIL L AC GOL D PROJE CT
Malar tic (>16Moz @ ~1.1g/ t Au)
Mine ralisation F
hic kne ss: >100-200m
arge alte ration footprint (>3.5km)
S
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
Canadian Malartic De po sit
3.5km 1.5km 3km
37
E AST CADIL L AC GOL D PROJE CT
Sigma-L amaque (>11Moz @ ~7g/ t Au)
Mine ralisation F
a ma q ue ) to 500m (Sig ma )
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)
r
a de qua r tz ve ins (or
pr int)
S
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
2km
38
E AST CADIL L AC GOL D PROJE CT
Golde x (>5Moz @ ~1.7g/ t Au)
Mine ralisation F
hic kne ss: >250m
S
e c hnic alRe po rt o n Pro duc tio n o f the M and EZ
https:/ / www.ag nic o e ag le .c o m/
39
ike a lo ng the Ca sa Be ra rdi F
a ult
de po sits inc luding :
He c la Mining (NYSE : HL )
Go ld Mine s (T VX: MGM)
e xiste nt
P a no ma lie s ide ntifie d to da te
40
41
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
8m @ 1.7% Cu, 0.4g / t Au Chook Pr
17m @ 1.0% Cu E mu T a r g e t
a rg e ma g ne tic T a rg e t
g e o physic s a nd sha llo w ine ffe c tive histo ric a l drilling
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
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
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
42
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
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
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
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
43
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)
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
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
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
Vanadium r e sour c e
Mt Isa ~250km T
~380km
Radiome tr ic L
50km
F linde r s R ive r Pr
F linde r s R ive r Pr
44
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
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
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
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)
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
(75-100% ) Julimar Nic ke l- Vanadium Pr
(100% ) War r e go Nor th Coppe r
(70-100% ) F linde r s Rive r Vanadium Pr
(100% )
Pyr amid Hill Gold Pr
(100% )
Kine bik Gold Pr
(100% )
E ast Cadillac Gold Pr
(70-100% )