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CMX Roadshow Final Oct 27 2016

Chilean Metals Inc. (CMX) retains a 3% net smelter return royalty on its former Copaquire property in Chile, which was sold to Teck Resources. Teck can buy back 1% of the royalty for CAD $3,000,000, leaving CMX with a 2% royalty. CMX is exploring two targets, including an area of skarn alteration and hydrothermal breccia at its wholly-owned Zulema property, and plans an initial drill program in Q4 2016. CMX also holds properties in Nova Scotia along structurally prospective fault zones with past exploration identifying targets warranting further work. CMX's strategy is to drill high-impact targets and potentially develop discoveries

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236 views25 pages

CMX Roadshow Final Oct 27 2016

Chilean Metals Inc. (CMX) retains a 3% net smelter return royalty on its former Copaquire property in Chile, which was sold to Teck Resources. Teck can buy back 1% of the royalty for CAD $3,000,000, leaving CMX with a 2% royalty. CMX is exploring two targets, including an area of skarn alteration and hydrothermal breccia at its wholly-owned Zulema property, and plans an initial drill program in Q4 2016. CMX also holds properties in Nova Scotia along structurally prospective fault zones with past exploration identifying targets warranting further work. CMX's strategy is to drill high-impact targets and potentially develop discoveries

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You are on page 1/ 25

Time To Invest

October - 2016

www.chileanmetals.com

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).
Tecks 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
Tecks 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


2

www.chileanmetals.com

Copaquire - Location

Copaquire
Collahuasi
Mine: 9.55
BT @ 0.82%
Cu2.

Quebrada
Blanca Mine:
1.03 BT @ 0.5%
Cu1.

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


Tecks Quebrada Blanca mine and Anglo-Xstrata-Mitsuis colossal Collahuasi
copper mine.
1.

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

2.

Collahuasi supergene resources according to 24hgold.com website.


3

www.chileanmetals.com

Disclaimer

Forward Looking Statements


Except for historical information contained herein, this presentation may
contain forward looking statements including but not limited to comments
regarding predictions and projections. Forward looking statements address
future events and conditions and therefore involve inherit risks and
uncertainties. Although Chilean Metals Inc. believes that such expectations
are reasonable, there can be no assurance that such expectations will
prove to be correct, and therefore actual results may differ materially from
those currently anticipated in such statements. You are cautioned not to
place undue reliance on any such forward looking statements, whether
made in this presentation or in any question and answer period related to
this presentation.

www.chileanmetals.com

Why Were Different !

1.
2.
3.
4.
5.

Credibility of the Discovery team


Massive Size Potential of Discoveries
Funded multiple targets for Discovery
Immediate
Hedge Royalty provides

www.chileanmetals.com

Market is Turning

www.chileanmetals.com

Capital Structure
MARKET INFORMATION
As of October 7th, 2016:
Total Shares Issued: 69,873,200
Fully Diluted:
75,253,200
Warrants Issued:
1,900,000
Options Issued:
3,480,000

52 Week Low: $0.015


52 Week High: $0.30

Exchange Market Traded:


Toronto (TSX-V)
Symbol CMX
Santiago (SSE)
Symbol CMX
USA (OTCQX)
Symbol CMETF
MILA
Symbol CMX
7

www.chileanmetals.com

Experienced Team

Gary Lohman, P.Geo.


VP Exploration

Dr. Chris Hodgson, P. Eng.

www.chileanmetals.com

Patrick J Cruickshank, MBA


Chilean Metals, CEO

Ian Pirie,
Ex VP of Projects Inmet Mining

Terry Lynch
Board Chairman

Dr. Tony Belperio,


Executive Director,
Business Development,
Minotaur Exploration
Limited.

Technical Advisory Committee

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.

www.chileanmetals.com

Zulema Location

10

www.chileanmetals.com

Candelaria is the Model

Candelaria is huge and profitable. It is the worlds 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

11

www.chileanmetals.com

Zulema: Exploration Targets

Concessions cover
45 sq. kms., 100%
owned, all royaltyfree.
Two principal targets
based on geophysics
and geology

Target #2: IP Anomaly

12

www.chileanmetals.com

Target One

Intensely skarned
hydrothermal breccia is
exposed on surface over
an area of 1 sq km and
open to extension beneath
sand plains.

Skarned hydrothermal breccia

13

www.chileanmetals.com

Target 1: Garnet-scapolite
stockwork

14

www.chileanmetals.com

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.

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.

15

www.chileanmetals.com

Target 1: Reduced to pole mag anomaly

Reduced to pole magnetic


response and area of skarn
garnet-scapolite alteration
Squares are 500m x 500m.

Boundary of skarn
alteration zone

Blue circles are 2003 drill


holes.
Red circles are proposed
drill holes.

16

www.chileanmetals.com

Target 1: IP Chargeability

IP chargeability, plan
at 0 m elevation (sea
level).

Boundary of skarn
alteration zone

Squares are 500 x


500m.
Blue dots are
previous drill holes.

Red dots are


proposed drill holes.

17

www.chileanmetals.com

Target 2: under the dunes

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

March 2014
www.chileanmetals.com

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.

19

www.chileanmetals.com

Exploration Plans
UPCOMING EXPLORATION AT ZULEMA
2016: Phase I
Q4 2016: Initial drill program on Zulema
2017: Phase I Completed
Q1 2017: Complete initial test of Zulema
2017: Phase II
Q1 2017: A success-contingent phase-two drill program to establish a 43101-compliant resource for Zulema

20

www.chileanmetals.com

Nova Scotia Projects

21

www.chileanmetals.com

Bass River: Castlereagh VTEM

22

www.chileanmetals.com

Nova Scotia Exploration

Projects are located along the Cobequid Chedabucto Fault Zone


(CCFZ), a series of crustal-scale faults along a 300 x 25 km suture that
bisects central Nova Scotia.
The CCFZ is a permissive structural environment associated with
Devonian Intrusives and hydrothermal activity.
Host to 100+ mineral occurrences and small deposits of Fe-oxide, Cu,
Co, Au, Ni and Ba.
Initial targeting by geophysics including ground based gravity followed
by airborne Versatile Time Domain Electro-magnetics (VTEM) and
magnetics.
Geologic mapping, prospecting and geochemistry conducted on
validated targets.
Detailed exploration to be conducted in 2016 including ground based
geophysics prior to drill target selection.
Total expenditures including Dundee, Minotaur & Cogonov over $10
million.

23

www.chileanmetals.com

Strategy - Execution
Objective
1. Drill High Impact lower risk 100% owned targets 1.
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.
2. Farm out High Impact medium risk projects.
Operate exploration program.
3.
3. Optimize Copaquire Royalty
4. Build a sustainable IR plan to insure market is
4.
aware of our plans and progress.
5.
5. Leverage our exploration and deal generation
skills into multiple opportunities for our
shareholders to benefit from impact Discoveries

CMX- Next Steps


Zulema Q4 drill Program

Bass River October farm out, TDO, Palo


Negro Winter, Spring farm out
Monitor Teck development at Copaquire
Exploration program is underway.
Multi Phase IR program started in October
See Management/Technical team

24

www.chileanmetals.com

Capital Structure
MARKET INFORMATION
As of October 7th, 2016:
Total Shares Issued: 69,873,200
Fully Diluted:
75,253,200
Warrants Issued:
1,900,000
Options Issued:
3,480,000

52 Week Low: $0.015


52 Week High: $0.30

Exchange Market Traded:


Toronto (TSX-V)
Symbol CMX
Santiago (SSE)
Symbol CMX
USA (OTCQX)
Symbol CMETF
MILA
Symbol CMX
25

www.chileanmetals.com

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