Time To Invest - scp-cdn-hp2ihgdztoaaaxh.netdna-ssl.com · • Candelaria is huge and profitable....

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Transcript of Time To Invest - scp-cdn-hp2ihgdztoaaaxh.netdna-ssl.com · • Candelaria is huge and profitable....

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Time To Invest

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Disclaimer

Forward Looking Statements

Except for historical information contained herein, this presentation maycontain forward looking statements including but not limited to commentsregarding predictions and projections. Forward looking statements addressfuture events and conditions and therefore involve inherit risks anduncertainties. Although Chilean Metals Inc. believes that such expectationsare reasonable, there can be no assurance that such expectations willprove to be correct, and therefore actual results may differ materially fromthose currently anticipated in such statements. You are cautioned not toplace undue reliance on any such forward looking statements, whethermade in this presentation or in any question and answer period related tothis presentation.

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Why Were Different !

1. Credibility of the Discovery team

2. Massive Size Potential of Discoveries

3. Funded multiple targets for Discovery

4. Immediate

5. Hedge Royalty provides

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Market is Turning

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Experienced Team

5

Ian Pirie,

Ex VP of Projects Inmet Mining

Terry Lynch

Board Chairman

Patrick J Cruickshank, MBA

Chilean Metals, CEO

Gary Lohman, P.Geo.

VP Exploration

Dr. Chris Hodgson, P. Eng. Dr. Tony Belperio,

Executive Director,

Business Development,

Minotaur Exploration

Limited.

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• Gary Lohman, B.Sc., P. Geo., Director, Committee Chair

• Over 30 years of experience in both precious and base metal exploration within the Americas.

• Tony Belperio, B.Sc. (Hons), Ph.D., FAusIMM, Committee Member

• Executive Director of Business Development for Minotaur Exploration Limited, Australia.

• Played a key role in the exploration program that led to the discovery of the Prominent Hill mine, 130

kilometers northeast of Olympic Dam, South Australia.

• Awarded the University of Adelaide's Tate Memorial Medal, the Geological Society of Australia's Stillwell

Award in 1993, AMEC's Prospector of the Year (jointly) in 2003.

• and received the Bruce Webb Medal by the South Australian Division of the Geological Society of Australia

in 2010 for his contributions to Earth Science. .

• Chris Hodgson, Ph.D. P. Eng. (B.C.), Consultant

• Served as Vice President of Exploration at International PBX Ventures Ltd until April 6, 2016.

• Previous positions included Chief Geologist Amax Exploration, Vice President of Exploration of Canamax

Resources, Exploration Manager Canada Tungsten and Minera Inmet (Chile).

• Mr. Hodgson is credited with the early recognition of the Santo Domingo IOCG (iron oxide-copper-gold)

deposit in Chile.

• Ian Pirie

• Senior mining executive who held various positions including General Manager, Latin America for Inmet

Mining Corporation.

• Responsible for the acquisition and development of the Antamina project, Peru.

• Responsible for the development of Cobre Las Cruces in Spain and the Cobre Panama project in Panama.

Technical Advisory Committee

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:

Zulema Location

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• Candelaria is huge and profitable. It is the world’s second largest

“IOCG” deposit1 (after Olympic Dam, Australia). Pre-mining reserves at

Candelaria were 600Mt @0.95% Cu, 0.22 g/t Au, 3.1 g/t Ag2.

• Orebody is being exploited by low cost, open pit mining.

• Orebody does not outcrop. It is overlain by 100-200 metres of barren

siliceous hornfels and calc-silicate skarn.

• Copper sulphides occur as stringers, disseminations, breccia in-fillings

and mantos.

1. Iron-oxide-copper-gold 2. Wikipedia

Candelaria is the Model

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Zulema: Exploration Targets

Target #2: IP Anomaly

• Concessions cover

45 sq. kms., 100%

owned, all royalty-

free.

• Two principal targets

based on geophysics

and geology

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Intensely skarned

hydrothermal breccia is

exposed on surface over

an area of 1 sq km and

open to extension beneath

sand plains.

Target One

Skarned hydrothermal breccia

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Target 1: Garnet-scapolite

‘stockwork’

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Drill holes encountered copper and gold

in stockworks at depth. The best

intercept was 22.7 metres grading 0.45%

Cu, 0.11 gpt Au.

A well-mineralized System

Work by previous operators identified a

small but intense IP chargeability and

coincident magnetic anomaly at the

southern limit of the skarn zone recently

identified by CMX.

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Target 1: Reduced to pole mag anomaly

Reduced to pole magnetic

response and area of skarn

garnet-scapolite alteration

Squares are 500m x 500m.

Blue circles are 2003 drill

holes.

Red circles are proposed

drill holes.

Boundary of skarn

alteration zone

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IP chargeability, plan

at 0 m elevation (sea

level).

Squares are 500 x

500m.

Blue dots are

previous drill holes.

Red dots are

proposed drill holes.

Boundary of skarn

alteration zone

Target 1: IP Chargeability

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Tierra De Oro - TDO Chile's Next Big IOCG?

Target 2: under the dunes

March 2014

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Target 2: IP Chargeability Anomaly

Large, untested IP

anomaly (plan at

200m depth) in an

area of wind-blown

sands.

Squares are 500 x

500m.

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UPDATE ON DRILLING AT ZULEMA

2017: Phase I UNDERWAY

Q1 2017: DRILLING COMMENCED JAN 14 2000 Metres+ Core Drilling

First results early February. Results through February. Drilling complete by

end of February with final results in Mid March.

2017: Phase II

Q1 2017: A success-contingent phase-two drill program to establish a 43-

101-compliant resource for Zulema

Drilling Now!

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• Entered LOI November with Tejas Gold (Texas based PE group)

• Received 100,000 shares in Tejas ($25,000 Value) + $25,000 Cash

• Commitment to fund $400,000 in expenditures to drill target

• Plan is to conduct Pulse EM in Q1, Minotaur evaluates.

• Drill targets establishes and drilling commences Q2

• Tejas earns 35% for spending $400,000. Bonus of 5% if drilling happens

before Q2 expires.

• Chilean is Operator and receives $5k a month management fee commencing

January for duration of campaign. (Separate from the $400k)

• Target is largest IP Anomaly seen in NS after spending $10 million on regional

exploration program.

• System mineralized with Lead, Zinc & Silver at depth. Copper Gold at Surface

Bass River JV

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Bass River: Castlereagh VTEM

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Nova Scotia Projects

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Royalty Hedge

• Chilean Metals Inc. (CMX) sold its Copaquire property to Teck & CMX retains a

3% net smelter return royalty on production.

• Teck can buy back 1% NSR for CAD $3,000,000 (leaving CMX with a 2% NSR).

• Teck’s adjoining Quebrada Blanca mine will deplete its resource of leachable

ore by 2019 at current production and resource levels (Teck website).

• Teck is exploring on site 2016-17

• Teck’s 2013 sales at Quebrada Blanca mine were CAD $375 million1.

• Inferred mineral resource at Sulfato South are summarized below. (Charchaflie

and Jaramillo, NI43-101, 2012).

1. Teck annual report, Dec 2014

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Copaquire - Location

Collahuasi

Mine: 9.55

BT @ 0.82%

Cu2.

Quebrada

Blanca Mine:

1.03 BT @ 0.5%

Cu1.

Copaquire

Copaquire is located in a very well-endowed mineral neighbourhood near

Teck’s Quebrada Blanca mine and Anglo-Xstrata-Mitsui’s colossal Collahuasi

copper mine.

1. Teck Cominco news release, March 3, 2008. Sulphide resource only.

2. Collahuasi supergene resources according to 24hgold.com website.

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Strategy - Execution

Objective

1. Drill High Impact lower risk 100% owned targets

with a view to discovery of resource that we

would develop through Pre Feasibility unless we

received a Pre Feasibility value offer in

Discovery cycle.

2. Farm out High Impact medium risk projects.

Operate exploration program.

3. Optimize Copaquire Royalty

4. Build a sustainable IR plan to insure market is

aware of our plans and progress.

5. Leverage our exploration and deal generation

skills into multiple opportunities for our

shareholders to benefit from impact Discoveries

CMX- Next Steps

1. Zulema – Q1 Drill Program Ongoing

2. Bass River – November farm out, TDO, Palo

Negro

3. Monitor Teck development at Copaquire –

Exploration program is underway.

4. Multi Phase IR program started in October

5. See Management/Technical team

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Capital Structure

MARKET INFORMATION

As of November 16th, 2016:

Total Shares Issued: 75,503,964 52 Week Low: $0.015

Fully Diluted: 84,430,993 52 Week High: $0.30

Warrants Issued: 2,077,029

Options Issued: 6,850,000

Exchange Market Traded:

Toronto (TSX-V) Symbol “CMX”

Santiago (SSE) Symbol “CMX”

USA (OTCQX) Symbol “CMETF”

MILA Symbol “CMX”

FRA Symbol “IVV1”