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 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 o 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 or war d-L ooking 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. 2

A uniq ue , we ll- funde d junio r e xplo re r For personal use only Distr ict -sc ale , tie r-1 e xploration proje c ts • ma tiona l drill pro g ra mme s T wo pote ntia lly tr a nsfor c o ming up in Austr a lia a nd Ca na da Str ong 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 opose d for Nov 2018 Pr ove 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 3

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 For personal use only Wa rre g o North Coppe r- Gold Proje c t F linde rs R ive r (70- 100% ) Va na dium Proje c t (100% ) Yilg a rn Gold Proje c t (75- 100% ) Kine bik Gold Julima r Nic ke l- Proje c t Va na dium Proje c t (100% ) (100% ) Pyr amid Hill Gold Pr oje c t E ast Cadillac (100% ) Gold Pr oje c t (70-100% ) • ~3,080km 2 la nd ho ld ing NW o f the >22Mo z Be nd ig o 245km 2 a re a c o ve ring 27km o f strike a lo ng the pro lific • Go ld fie ld a nd NE o f the >7Mo z F o ste rville Go ld Mine 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 • Multiple la rg e -sc a le g e o c he m-g ra vity ta rg e ts id e ntifie d • Ma id e n 27,600m d ia mo nd d rill pro g ra m in e a rly 2018, o ve rlying ma jo r re g io na l struc ture s 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 4 • Ma id e n d rill pro g ra m sc he d ule d fo r e a rly No v 2018 •

What the industr y is saying… For personal use only 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 o ste rville is the ho st o f o 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 5

Pyra m id Hill G o ld Pro je c t For personal use only Vic to ria 6