Slide 1


DISCIPLINE IN DIFFICULT MARKETS

2015 ANNUAL GENERAL MEETING 24 November 2015


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

Annual Reports, filings on sedar.com, and to ASX releases and take independent professional advice before considering investing in the Company. For further information about Chalice Gold Mines Limited, visit the website at www.chalicegold.com

Information on the Cameron Gold Project


The information that is included in this presentation in relation to Mineral Resource estimates reported herein for the Cameron deposit is extracted from the ASX Announcement entitled 'Updated 1.57Moz Mineral Resource for Cameron Gold Project in Canada' dated 16 November 2015 and is available to view on www.chalicegold.com and www.sedar.com. The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement.


The information that is included in this presentation in relation to Mineral Resource estimates reported herein for the Dubenski and Dogpaw deposits is extracted from the ASX Announcement entitled 'Chalice Files Updated 43-101 Technical Report' dated 29 July 2014 and is available to view on www.chalicegold.com and www.sedar.com. The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement.


The information that is included in this presentation in relation to Exploration Results reported herein for the Cameron Gold Project is extracted from the ASX Announcement entitled 'September Quarterly Report' dated 30 October 2015 and is available to view on www.chalicegold.com. The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement.


The information that is included in this presentation in relation to Exploration Results reported herein for the Croteau Est Gold Project is extracted from the ASX Announcement entitled 'September Quarterly Report' dated 30 October 2015 and is available to view on www.chalicegold.com. The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement.


Forward-Looking Statements

This document may contain forward-looking information within the meaning of Canadian securities legislation and forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, forward-looking statements). These forward-looking statements are made as of the date of this document and Chalice Gold Mines Limited (the Company) does not intend, and does not assume any obligation, to update these forward-looking statements except as required by law.


Forward-looking statements relate to future events or future performance and reflect Company management's expectations or beliefs regarding future events and include, but are not limited to, preparation of a future PEA at the Cameron Gold Project, the results of business development activities which may result in a corporate transaction or investment, the estimation of mineral reserve and Mineral Resources, the realisation of mineral reserve estimates, the likelihood of exploration success, the timing and amount of estimated future production, costs of production, capital expenditures, success of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage.


In certain cases, forward-looking statements can be identified by the use of words such as plans, expects or does not expect, is expected, will, may would, budget, scheduled, estimates, forecasts, intends, anticipates or does not anticipate, or believes, or variations of such words and phrases or statements that certain actions, events or results may, could, would, might or will be taken, occur or be achieved or the negative of these terms or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors may include, among others, risks related to actual results of current exploration activities; the impact of additional logging and sampling at the Cameron Project on currently disclosed Mineral Resources; changes in project parameters as plans continue to be refined; future prices of Mineral Resources; possible variations in Mineral Resources or ore reserves, grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; as well as those factors detailed from time to time in the Company's interim and annual financial statements and management's discussion and analysis of those statements, all of which are filed and available for review on SEDAR at sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.


Accordingly readers should not place undue reliance on forward-looking statements.


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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 excellence

  • We are disciplined and diligent with our business development activities

  • 'RIGHT ASSET, RIGHT TIMING'

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www.chalicegold.com


Major shareholders:

Tim Goyder

14.7%

Franklin Resource Fund

11.0%

Lujeta Pty Ltd

7.1%

CORPORATE OVERVIEW


Capital Structure (at 18/11/2015)

Share Price

A$0.11

Shares on Issue

282 million

Market Capitalisation

~A$31 million

Rights/Options on Issue

7.8 million

Debt

-

Cash and receivables

~A$42 million



Board and Senior Management:

Anthony Kiernan

Non-Executive Chairman

Tim Goyder

Managing Director

Stephen Quin

Non-Executive Director

Gary Snow

Chief Operating Officer

Richard Hacker

Chief Financial Officer

Steven Chadwick

Technical Advisor

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www.chalicegold.com

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