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CHALICE MINING LIMITED Capital/Financing Update 2022

Mar 1, 2022

64649_rns_2022-03-01_153fd944-c23f-4dbf-9772-a5eef3ae844c.pdf

Capital/Financing Update

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ASX Announcement

2 March 2022

New results highlight underground potential at Julimar

Extensional drilling continues to intersect high-grade zones down-dip within the Gonneville Intrusion and regional exploration ramping up

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  • « New high-grade (>0.6% NiEq) sulphide intersections up to ~400m beyond the limit of the current Gonneville Resource pit shell , including:

  • « 16m @ 2.9g/t Pd, 0.6g/t Pt, 0.4g/t Au , 0.1% Ni, 0.1% Cu, 0.01% Co ( 1.5% NiEq ) from 448m (JD225);

  • « 14.8m @ 3.0g/t Pd, 0.5g/t Pt , 0.1g/t Au, 0.2% Ni, 0.1% Cu, 0.01% Co ( 1.5% NiEq ) from 545m (JD232);

  • « 3.7m @ 7.3g/t Pd, 1.2g/t Pt, 0.7g/t Au, 0.6% Ni, 1.0% Cu, 0.04% Co ( 4.5% NiEq ) from 429.3m (JD232);

  • « 13m @ 1.7g/t Pd, 0.4g/t Pt, 0.1g/t Au, 0.2% Ni, 0.1% Cu, 0.01% Co ( 1.0% NiEq ) from 412m (JD227);

  • « 14m @ 1.5g/t Pd, 0.5g/t Pt, 0.2g/t Au, 0.1% Ni, 0.1% Cu, 0.01% Co ( 0.9% NiEq ) from 523m (JD232);

  • « 15m @ 1.1g/t Pd, 0.4g/t Pt, 0.1g/t Au, 0.2% Ni, 0.1% Cu, 0.01% Co ( 0.8% NiEq ) from 277m (JD182);

  • « 5m @ 1.4g/t Pd , 0.4g/t Pt, 0.2g/t Au, 0.1% Ni, 0.4% Cu , 0.01% Co ( 1.1% NiEq ) from 424m (JD197);

  • « 3m @ 1.2g/t Pd, 0.7g/t Pt, 0.1g/t Au, 0.2% Ni, 0.8% Cu, 0.02% Co ( 1.4% NiEq ) from 400m (JD197).

  • « High-grade G2 zone extended ~170m beyond the Resource pit shell in JD0220W1 based on a ~ 11m wide visual interval of heavily disseminated to massive sulphides intersected from 679.1m down-hole – all assays pending.

  • « Wide-spaced step-out drilling is continuing at Gonneville, focused on extending the high-grade in-pit Resource (74Mt @ 1.8g/t 3E[1] , 0.22% Ni, 0.21% Cu, 0.021% Co (~1.0% NiEq[2] ) as at 9 Nov 21)[3] .

  • « Infill drilling within the shallow (<250m deep) Inferred part of the Gonneville Resource is nearing completion – with these resource blocks expected to be upgraded to a higher-confidence category as part of the next Resource update, scheduled for May 2022 .

  • « Regional drilling and geophysics across the >26km long Julimar mafic-ultramafic intrusive complex confirms multiple areas highly prospective for ortho-magmatic Ni-Cu-PGE sulphides :

  • « Four of 70+ planned sites have been drilled at Hartog to date, all targeting lower priority targets while access is restricted to existing tracks only – all assays are pending;

  • « A high-priority late-time AEM anomaly, coincident with a ‘Gonneville-like’ lens-shaped magnetic feature, identified at the new Flinders target, ~25km NE of Gonneville;

  • « Ultramafic geology with highly anomalous Ni-Cu-Co-PGEs now confirmed at both Jansz and Torres targets – MLEM and follow up deeper drilling is planned.

1 3E = Palladium (Pd) + Platinum (Pt) + Gold (Au), with an average in-situ ratio of ~4:1:0.04 (Pd:Pt:Au)

2 NiEq (Nickel Equivalent %) = Ni (%) + 0.37xPd (g/t) + 0.24xPt (g/t) + 0.25xAu (g/t) + 0.65xCu (%) + 3.24xCo (%). Refer Appendix C

3 Refer to full Mineral Resource Statement in Appendix B

Registered Office ABN 47 116 648 956

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Level 3, 46 Colin Street, West Perth WA 6005, Australia PO Box 428, West Perth WA 6872

T: +61 8 9322 3960 [email protected] F: +61 8 9322 5800 www.chalicemining.com

@chalicemining chalice-mining

Overview

Chalice Mining Limited (“Chalice” or “the Company”, ASX: CHN | OTCQB: CGMLF) is pleased to provide an update on exploration activities at its 100%-owned Julimar Nickel-Copper-Platinum Group Element (PGE) Project , located ~70km north-east of Perth in Western Australia.

Exploration has continued across the >26km long Julimar Complex, extending from the Gonneville deposit at the southern end (which hosts the maiden Mineral Resource Estimate (Resource) of 330Mt @ 0.94g/t Pd+Pt+Au (3E), 0.16% Ni, 0.10% Cu, 0.016% Co (refer to ASX Announcement on 9 November 2021), through to the Hartog, Jansz and Torres target areas at the northern end of the complex.

Five RC/diamond rigs are currently continuing step-out, infill and metallurgical drilling at Gonneville. This drilling has extended the high-grade sulphide zones to the south-west and north-west and is expected to upgrade the confidence level in shallow areas of the Resource currently in the Inferred category. Importantly, sulphide mineralisation has now been extended up to 400m below the limit of the Gonneville Resource pit shell (refer to ASX Announcement on 9 November 2021).

Two diamond rigs are currently progressing the first-ever exploration drill program within the Julimar State Forest within the ~6.5km x 2.0km Hartog area immediately north of Gonneville. Current permit restrictions have limited drilling locations to existing tracks, hence only lower priority targets have been tested to date. The Company is awaiting feedback in relation to the permitting restrictions in the coming weeks before moving to the higher-priority EM/gravity/soil targets.

Four holes have been completed to date at Hartog, with all assays pending. A total of 70 drill sites are planned to be tested across the Hartog-Dampier area with drilling expected to continue and accelerate over the coming months as the geological model continues to be refined and permits are obtained for off-track drilling locations.

One aircore (AC) rig is currently continuing initial shallow reconnaissance drilling at the Jansz and Torres targets, ~17km and ~21km north-east of Gonneville. This program is designed to determine the presence of any intrusive mafic-ultramafic geology and define targets for deeper follow-up drilling.

A program of infill moving loop EM (MLEM) continues across the Julimar Complex and additional airborne EM is currently being acquired in surrounding areas.

A combined total of 776 diamond and RC drill holes for ~200,000m and 219 AC drill holes have been completed at the Project to date.

New assay results have been received for 78 RC/diamond holes at Gonneville, which were not included in the maiden Resource published in November 2021. Assay results are pending for a further 55 completed drill holes at Gonneville and Hartog, with laboratory turnaround times currently averaging approximately eight weeks.

New assay results have been received for drilling targeting:

  • « Down-dip and down-plunge extensions of the high-grade G2 zone;

  • « Down-plunge extensions of high-grade G4 zone shoots;

  • « Infill of shallow (<250m deep) resources currently classified as Inferred; and

  • « Discrete geophysical targets east of Gonneville;

Assay results have also been received for first-pass AC drilling at the Torres target, while all holes completed at Jansz remain pending.

Chalice Managing Director and Chief Executive Officer, Alex Dorsch, said: “Recent step-out drilling at Gonneville has again highlighted the outstanding growth potential of the tier-1 scale resource, and the opportunity for significant growth of the deposit to support future underground mining.

“The Gonneville Intrusion is ~500m thick and wide-open to the north-west, and we continue to see pockets of very high-grade sulphide mineralisation as we target extensions well beyond the current

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Resource boundaries, so, step-out drilling will continue for the foreseeable future to assess the overall extent of the mineral system.

“The first-ever exploration drilling program at Hartog is underway over what is a very large area, with dozens of MLEM and soil targets. We have already intersected intrusive geology – which is a good start – however, we remain focused on gaining access to the highest-priority areas over the coming weeks. The previous narrow high-grade intersections north-west of Gonneville make the southern end of the Hartog target a very exciting area for expansion of the Gonneville Resource.

“We are also continuing to unlock the broader potential of the Julimar Complex with a multi-pronged exploration effort that includes reconnaissance aircore drilling as well as ground and airborne EM. This work has already yielded an exciting new target located some 25km north-east of Gonneville that is now elevated to top priority within the portfolio.

“The polymetallic PGE-nickel-copper-cobalt Resource defined at Julimar is already very significant on a global scale, however recent troubling developments in Ukraine have highlighted the strategic importance of this critical minerals deposit and the new West Yilgarn mineral province to support the decarbonisation of the global economy and to de-risk critical supply chains.”

Technical discussion

Gonneville extensional drilling results

Drilling outside the Gonneville Resource pit shell (9 Nov 2021) continues to intersect broad intervals of sulphide mineralisation and extend the high-grade sulphide zones up to 400m beyond the limit of the current Resource pit shell (Figure 1).

Significant new high-grade (>0.6% NiEq) sulphide results include:

  • « 16m @ 2.9g/t Pd, 0.6g/t Pt, 0.4g/t Au, 0.1% Ni, 0.1% Cu, 0.01% Co (1.5% NiEq) from 448m (JD225);

  • « 14.8m @ 3g/t Pd, 0.5g/t Pt, 0.1g/t Au, 0.2% Ni, 0.1% Cu, 0.01% Co (1.5% NiEq) from 545m (JD232);

  • « 3.7m @ 7.3g/t Pd, 1.2g/t Pt, 0.7g/t Au, 0.6% Ni, 1% Cu, 0.04% Co (4.5% NiEq) from 429.3m (JD232);

  • « 21m @ 0.9g/t Pd, 0.2g/t Pt, 0.2% Ni, 0.1% Cu, 0.02% Co (0.7% NiEq) from 295m (JD224);

  • « 13m @ 1.7g/t Pd, 0.4g/t Pt, 0.1g/t Au, 0.2% Ni, 0.1% Cu, 0.01% Co (1% NiEq) from 412m (JD227); « 14m @ 1.5g/t Pd, 0.5g/t Pt, 0.2g/t Au, 0.1% Ni, 0.1% Cu, 0.01% Co (0.9% NiEq) from 523m (JD232);

  • « 17m @ 0.8g/t Pd, 0.1g/t Pt, 0.1g/t Au, 0.1% Ni, 0.4% Cu, 0.01% Co (0.7% NiEq) from 430m (JD201);

  • « 15m @ 1.1g/t Pd, 0.4g/t Pt, 0.1g/t Au, 0.2% Ni, 0.1% Cu, 0.01% Co (0.8% NiEq) from 277m (JD182);

  • « 12m @ 0.9g/t Pd, 0.2g/t Pt, 0.3% Ni, 0.1% Cu, 0.03% Co (0.8% NiEq) from 465m (JD182).

  • « 10m @ 1.4g/t Pd, 0.2g/t Pt, 0.2% Ni, 0.1% Cu, 0.02% Co (0.9% NiEq) from 324m (JD224);

  • « 10m @ 1.3g/t Pd, 0.3g/t Pt, 0.2% Ni, 0.1% Cu, 0.02% Co (0.8% NiEq) from 299m (JRC445);

  • « 12m @ 0.9g/t Pd, 0.2g/t Pt, 0.1% Ni, 0.1% Cu, 0.01% Co (0.6% NiEq) from 396m (JD220);

  • « 9m @ 0.9g/t Pd, 0.2g/t Pt, 0.2% Ni, 0.1% Cu, 0.02% Co (0.7% NiEq) from 229m (JRC445);

  • « 5m @ 1.4g/t Pd, 0.4g/t Pt, 0.2g/t Au, 0.1% Ni, 0.4% Cu, 0.01% Co (1.1% NiEq) from 424m (JD197);

  • « 6m @ 0.9g/t Pd, 0.1g/t Pt, 0.1g/t Au, 0.1% Ni, 0.5% Cu, 0.01% Co (0.9% NiEq) from 481m (JD204).

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Figure 1. Gonneville 3D View (looking east-north-east) – key extensional drill results, sulphide Resource blocks (>0.8% NiEq only shown) and pit shell.

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JD220 was drilled as a ~120m step-out hole targeting a strong EM conductor down-dip of the highgrade G2 zone. JD220 intersected broad intervals of dolerite near the target depth and only moderate mineralisation which did not explain the EM conductor. However, follow up wedge hole JD220W1 intersected a broad zone of mineralisation, ~65m to the south-west of JD220, including:

  • « 2.2m of matrix sulphides from 661.6m;

  • « 5.2m of matrix to massive sulphides from 667.9m; and,

  • « 3.4m of matrix to massive sulphides from 677.4m including 0.9m of massive chalcopyrite (Figure 2).

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Figure 2. JD220W1 core tray from 679.1m – 0.9m of massive chalcopyrite.

A second wedge hole JD220W2 intersected 5.4m of heavily disseminated to massive sulphides approximately 75m to the south of JD220. All assays are pending for the two wedge holes.

This is the first time that massive chalcopyrite has been observed at Gonneville and is an encouraging indication of the potential for further higher-grade mineralisation at depth. As such, wide-spaced step-out drilling continues in this area to define the limits of the mineral system.

JD182, another key step-out hole north-west of Gonneville, has intersected several high-grade zones of sulphide mineralisation outside the current Resource pit shell. In light of this, additional drilling is planned in this northern part of Gonneville, as high-grade zones have the potential to significantly deepen the Resource pit shell in this area.

Gonneville infill drilling results

Infill drilling within the Gonneville Resource pit shell (9 Nov 2021) has continued to deliver results in line with expectations. New high-grade (>0.6% NiEq) sulphide results include:

  • « 25m @ 2.4g/t Pd, 0.4g/t Pt, 0.7g/t Au, 0.2% Ni, 1.1% Cu (2.1% NiEq) from 67m (JD203, G6);

  • « 14.5m @ 7.5g/t Pd, 0.9g/t Pt, 0.3g/t Au, 0.2% Ni, 0.3% Cu (3.5% NiEq) from 376.3m (JD227, G11);

  • « 28m @ 1.4g/t Pd, 0.4g/t Pt, 0.1g/t Au, 0.2% Ni, 0.4% Cu, 0.02% Co (1.1% NiEq) from 97m (JD203, new zone);

  • « 26m @ 1.5g/t Pd, 0.3g/t Pt, 0.4% Ni, 0.2% Cu, 0.03% Co (1.2% NiEq) from 73m (JD227, G7);

  • « 5.2m @ 8.2g/t Pd, 1.0g/t Pt, 0.1g/t Au, 1.6% Ni, 1.1% Cu, 0.1% Co (5.9% NiEq) from 265.8m (JD194, G2);

  • « 9.3m @ 1.7g/t Pd, 0.3g/t Pt, 0.4g/t Au, 0.2% Ni, 0.5% Cu, 0.02% Co, (1.4% NiEq) from 159m (JD234, G6)

  • « 9.5m @ 1.6g/t Pd, 0.3g/t Pt, 0.3g/t Au, 0.1% Ni, 0.4% Cu (1.2% NiEq) from 180m (JD234, G7)

  • « 8.2m @ 3.1g/t Pd, 0.5g/t Pt, 1.1% Ni, 0.9% Cu, 0.07% Co (3.2% NiEq) from 142.8m (JD228, G8).

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Refer to Appendix A for a full listing of results (infill and extensional).

Hartog exploration drilling results

A total of four diamond drill holes (HD001-4) for 1,772m have been completed at the Hartog target to date, with drilling currently restricted to lower priority targets proximal to cleared tracks/roads within the Julimar State Forest (Figure 3).

A total of 70+ drill sites are planned across the Hartog to Dampier (immediately south of Baudin) target area, which measures ~10km x ~2.0km. All high-priority EM/gravity/soil targets are yet to be tested, and these will be drilled once final permitting approvals have been received.

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Figure 3. Gonneville-Hartog-Dampier Plan View – drill holes, MLEM conductors and soil geochemistry over regional magnetics.

Drill holes HD001 & HD002 tested lower-priority ground EM conductors in the central and north-western margin of the Hartog target area. HD001 was drilled oblique to the interpreted dip of the basement geology due to access constraints and failed to intersect any obvious source of the EM conductor, intersecting metabasalt and minor granite dykes.

HD002 intersected two narrow zones of sulphidic sediments at the projected target depths which are likely to be the source of the ground EM conductors. HD002 also intersected a sequence of finegrained mafic rocks which are interpreted as metabasalt.

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Drill holes HD003 & HD004 tested lower-priority ground EM conductors on the western edge of the Hartog target area at oblique angles due to access constraints. The holes intersected a steep westerly dipping, ~80m wide interval of sulphidic and carbonaceous sediment at the respective target depths which are interpreted as the source of the EM conductors.

The sediment sequence is intruded by metadolerite which is potentially related to the Gonneville mafic-ultramafic intrusion, as the two drill holes are only located ~1.5km north of the limit of drilling at Gonneville. Trace amounts of finely disseminated sulphide (<1-2% pyrrhotite-pyrite) were logged in the lowermost mafic unit in HD004 (~390-468m), although assays are awaited to determine if this style of sulphide mineralisation contains elevated levels of precious metals. Minor cross-cutting dolerite dykes are interpreted as the same dyke swarm evident at Gonneville.

Julimar Complex reconnaissance results

First-pass, shallow (drilled to the top of fresh rock) AC drilling on private farmland at the Torres and Jansz targets has intersected zones of ultramafic rocks, coincident with magnetic highs, which are open into the Julimar State Forest (Figure 4). Assay results have been received for 74 Torres holes only, with highly anomalous peak metal values of 0.15g/t Pd, 0.15g/t Pt, 0.13% Ni, 0.07% Cu. Refer to Appendix A for a full listing of results.

These ultramafic intersections with anomalous Ni-Cu-PGE are considered highly encouraging, as the Torres magnetic-gravity feature is over ~8km long and is yet to be tested with MLEM or deeper drilling.

Airborne EM in this area has identified a strong, late-time EM anomaly coincident with a ~1.8km x 1.2km discrete, lens-shaped magnetic feature at the Flinders target, located approximately 25km NE of Gonneville and ~3km NW of Torres (Figure 4).

No exploration has ever been completed at Flinders, however its magnetic and EM response is considered highly prospective given the obvious similarities with Gonneville. Historical diamond drilling completed ~1.5km SE of the new target intersected a layered mafic-ultramafic intrusive, however drilling was restricted by State Forest access restrictions to the east and Bindoon Defence Training Area access restrictions to the west.

This makes the Torres-Flinders area a high-priority for additional exploration and access discussions in relation to the Training Area are well advanced, with the Flinders target expected to be accessible for exploration activities.

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Figure 4. Northern Julimar Complex Plan View – drill holes, soil geochemistry over regional magnetics (left) and airborne EM (right).

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Forward plan

Chalice’s Julimar Project strategy is to concurrently advance studies for an initial mining development on private farmland and to define the full extent of mineralisation along the >26km long Julimar Complex.

Ongoing and planned activities at Julimar include:

  • « Reconnaissance exploration

  • « First-pass reconnaissance diamond drilling continues at the Hartog target, with high-priority targets to be tested once final permits received.

  • « First-pass reconnaissance AC drilling is continuing on private farmland at the Jansz target.

  • « Infill AC drilling and deeper RC drilling is planned at the Torres target before reconnaissance AC drilling then commences at the Baudin and Gonneville farmland areas.

  • « MLEM is continuing along the Julimar Complex.

  • « Airborne EM is underway at the northern and eastern parts of the wider ~2,000km[2] project area.

  • « MLEM and soil sampling is planned at the Flinders target once access is granted.

  • « Resource definition drilling (Gonneville)

  • « Step-out diamond drilling targeting the extension of high-grade (>0.6% NiEq) zones is expected to continue until Q2, subject to results.

  • « Infill drilling targeting upgrade of shallow (<250m deep) Inferred areas of the Gonneville Resource into Indicated category is nearing completion.

  • « Geotechnical, metallurgical, hydrogeological and infrastructure drilling (Gonneville)

  • « AC/RC/diamond drilling to support studies for Gonneville has commenced and will continue through Q2.

« Scoping Study (Gonneville)

  • « Mine development studies for Gonneville to support a Scoping Study are evaluating a range of production options for the initial development stage. Given that the Gonneville resource is not yet fully defined and exploration drilling is underway across the Julimar Complex, the studies remain focused on gathering data and assessing conceptual constraints for the Project, rather than defining an optimal outcome at this stage. As such, timing for completion of the Scoping Study will be dependent on results.

  • « Metallurgical testwork

  • « Flotation testwork continues on disseminated sulphide and new variability composites, with optimisation of nickel flotation parameters ongoing.

  • « Leach testwork continues on oxide composites to assess the optimisation and consumption of reagents together with recovery of PGEs and Au from solution.

  • « Investigation into bulk concentrate enrichment alternatives has commenced for the disseminated sulphide mineralisation, with samples being prepared for three different technologies.

  • « Tailings characterisation testwork is continuing to assess environmental characteristics of an initial selection of tailings samples.

  • « Initial waste rock testing has commenced to establish environmental characteristics.

  • ~~«~~ Sulphide Processing Facility design

  • « Continued flowsheet development for comminution and flotation circuits which will form the basis for capital and operating cost estimates.

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  • « Mining Engineering design

    • « Development of mining schedules to inform capital and operating cost estimates.
  • ~~«~~ Baseline Water Studies

    • « Completion of planning for groundwater and surface water baseline studies and installation of monitoring equipment.
  • « Water Supply Studies

    • « Continuation of investigations into water supply options.
  • « Support Infrastructure Studies

    • « Non-process infrastructure, power supply and tailings.
  • « Regulatory Approvals (Gonneville)

  • « Baseline flora and fauna surveys covering an area of approximately 900 hectares on private farmland at Gonneville.

  • « The establishment of surface and groundwater monitoring sites is planned as part a longterm water monitoring program to support engineering studies and environmental assessments.

Authorised for release by the Disclosure Committee of the Company.

For further information please visit www.chalicemining.com or contact:

Corporate Enquiries

Media Enquiries

Follow our communications

Alex Dorsch Nicholas Read LinkedIn: chalice-mining Managing Director & CEO Principal and Managing Director Twitter: @chalicemining Chalice Mining Limited Read Corporate Investor Relations +61 8 9322 3960 +61 8 9388 1474 [email protected] [email protected]

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About the Julimar Nickel-Copper-PGE Project

The 100%-owned Julimar Nickel-Copper-PGE Project is located ~70km north-east of Perth in Western Australia and is surrounded by world-class infrastructure. The Project was staked in early 2018 as part of Chalice’s global search for high-potential nickel sulphide exploration opportunities.

Chalice discovered the Gonneville deposit in the very first drill hole at the project in March 2020, intersecting shallow high-grade PGE-nickel-copper-cobalt-gold sulphide mineralisation. Gonneville is located on private farmland at the southern end of the interpreted >26km long Julimar Complex.

In November 2021, Chalice defined a tier-1 scale, pit-constrained maiden Mineral Resource Estimate (Resource) for Gonneville – 330Mt @ 0.94g/t Pd+Pt+Au (3E), 0.16% Ni, 0.10% Cu, 0.016% Co (~0.58% NiEq or ~1.6g/t PdEq)[4] . The maiden Resource confirmed Gonneville is one of the largest recent nickelcopper-PGE sulphide discoveries worldwide, and the largest PGE discovery in Australian history – demonstrating the potential for Julimar to become a strategic, long-life ‘green metals’ asset.

The Resource includes a significant higher-grade sulphide component, affording the project significant optionality in development and the potential to materially enhance project economics in the initial years of operations.

The Gonneville Resource is interpreted to cover just ~7% of the interpreted Julimar Complex strike length. As such the project is considered highly prospective for further orthomagmatic Ni-Cu-PGE discoveries.

The significant Julimar discovery has defined the new West Yilgarn Ni-Cu-PGE Province, an almost entirely unexplored mineral province which is interpreted to extend for ~1,200km along the western margin of the Yilgarn Craton. Chalice holds an unrivalled >8,000km[2] land position in this exciting new area and is leveraging its competitive ‘first mover’ advantage.

4 Refer to full Mineral Resource Statement in Appendix B

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Figure 5. Julimar Complex, Gonneville deposit, Project tenure and nearby infrastructure.

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Competent Persons and Qualifying Persons Statement

The information in this announcement that relates to Exploration Results in relation to the Julimar Nickel-Copper-PGE Project is based on and fairly represents information and supporting documentation compiled by Mr. Bruce Kendall BSc (Hons), a Competent Person, who is a Member of the Australian Institute of Geoscientists. Mr. Kendall is a full-time employee of the Company as General Manager – Development and has sufficient experience that is relevant to the activity being undertaken to qualify as a Competent Person as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves, and is a Qualified Person under National Instrument 43-101 – ‘Standards of Disclosure for Mineral Projects’. The Qualified Person has verified the data disclosed in this release, including sampling, analytical and test data underlying the information contained in this release. Mr Kendall consents to the inclusion in the announcement of the matters based on his information in the form and context in which it appears.

The Information in this announcement that relates to Mineral Resources has been extracted from the ASX announcement titled “Tier 1 Scale Maiden Mineral Resource at Julimar” dated 9 November 2021 This announcement is available to view on the Company’s website at www.chalicemining.com.

The Company confirms that it is not aware of any new information or data that materially affects the information included in the original announcement and that all material assumptions and technical parameters underpinning the estimates in the original release continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person and Qualified Person’s findings are presented have not been materially modified from the relevant original market announcement. Refer to Annexure B for further information on the Mineral Resource Estimate.

Mineral Resources Reporting Requirements

As an Australian Company with securities listed on the Australian Securities Exchange (ASX), Chalice is subject to Australian disclosure requirements and standards, including the requirements of the Corporations Act 2001 and the ASX. Investors should note that it is a requirement of the ASX listing rules that the reporting of mineral resources in Australia is in accordance with the JORC Code and that Chalice’s mineral resource estimates comply with the JORC Code.

The requirements of JORC Code differ in certain material respects from the disclosure requirements of United States securities laws. The terms used in this announcement are as defined in the JORC Code. The definitions of these terms differ from the definitions of such terms for purposes of the disclosure requirements in the United States.

As a designated reporting issuer in the province of Ontario, Chalice is also subject to certain Canadian disclosure requirements and standards, including the requirements of NI 43-101. The Julimar Project is a material mineral project for the purposes of NI43-101. The confidence categories assigned under the JORC Code were reconciled to the confidence categories in the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards – for Mineral Resources and Mineral Reserves May 2014. As the confidence category definitions are the same, no modifications to the confidence categories were required.

Mineral Resources that are not Ore Reserves do not have demonstrated economic viability. Due to lower certainty, the inclusion of Mineral Resources should not be regarded as a representation by Chalice that such amounts can necessarily be economically exploited, and investors are cautioned not to place undue reliance upon such figures. No assurances can be given that the estimates of Mineral Resources presented in this announcement will be recovered at the tonnages and grades presented, or at all.

13 Chalice Mining Limited

ASX:CHN OTCQB:CGMLF

Forward Looking Statements

This announcement may contain forward-looking information, including 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, forwardlooking statements). These forward-looking statements are made as of the date of this report and Chalice Mining Limited (the Company) does not intend, and does not assume any obligation, to update these forward-looking statements.

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: the Company’s strategy and objectives; the estimation of mineral resources, and the realisation of mineral resource estimates; the likelihood of exploration success; the timing of planned exploration activities on the Company’s projects; access to sites for planned drilling activities; and the success of future potential mining operations; the impact of the discovery on the Julimar Project’s capital payback.

In certain cases, forward-looking statements can be identified by the use of words such as, “considered”, “continue”, “estimate” “expected”, “for”, “highly”, “interpreted”, “likely”, “make”, “may”, “opportunity”, “plan” or “planned”, “potential”, “prospective”, “targets”, “will” 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 or planned exploration activities; whether geophysical and geochemical anomalies are related to economic mineralisation or some other feature; obtaining appropriate approvals to undertake exploration activities; results of planned metallurgical test work including results from other zones not tested yet, scaling up to commercial operations; changes in project parameters as plans continue to be refined; changes in exploration programs and budgets based upon the results of exploration, changes in commodity prices; economic conditions; grade or recovery rates; political and social risks, accidents, labour disputes and other risks of the mining industry; delays or difficulty in obtaining governmental approvals, necessary licences, permits or financing to undertake future mining development activities; changes to the regulatory framework within which Chalice operates or may in the future; movements in the share price of investments and the timing and proceeds realised on future disposals of investments, the impact of the COVID 19 pandemic as well as those factors detailed from time to time in the Company’s interim and annual financial statements, all of which are filed and available for review on SEDAR at sedar.com, ASX at asx.com.au and OTC Markets at otcmarkets.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.

14 Chalice Mining Limited

ASX:CHN OTCQB:CGMLF

Appendix A Drilling and assay data

Table 1. Significant new drill intersections (Oxide: >0.5g/t Pd, >0.9g/t Pd. Sulphide: >0.4% NiEq, >0.6% NiEq) – Gonneville.

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|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|From|To|Interval|Pd|Pt|Au|Ni|Cu|Co|
|Hole ID|Geology|Type|
|(m)|(m)|(m)|(g/t)|(g/t)|(g/t)|(%)|(%)|(%)|
|JD182|276.0|298.0|22.0|0.85|0.34|0.05|0.15|0.10|0.01|Sulphide|Extension|
|Incl|277.0|292.0|15.0|1.08|0.41|0.06|0.17|0.13|0.01|Sulphide|Extension|
|JD182|304.0|322.0|18.0|0.61|0.26|0.09|0.09|0.15|0.01|Sulphide|Extension|
|Incl|306.0|310.0|4.0|1.47|0.49|0.21|0.16|0.11|0.01|Sulphide|Extension|
|JD182|332.0|339.0|7.0|0.93|0.48|0.08|0.08|0.18|0.01|Sulphide|Extension|
|Incl|332.0|338.0|6.0|0.93|0.45|0.08|0.09|0.21|0.01|Sulphide|Extension|
|JD182|405.8|418.0|12.2|0.52|0.11|0.02|0.14|0.10|0.02|Sulphide|Extension|
|JD182|424.1|435.0|10.9|0.68|0.15|0.01|0.12|0.07|0.01|Sulphide|Extension|
|Incl|428.0|430.0|2.0|0.99|0.20|0.02|0.13|0.11|0.01|Sulphide|Extension|
|JD182|449.0|495.0|46.0|0.76|0.15|0.01|0.21|0.11|0.02|Sulphide|Extension|
|Incl|454.0|458.0|4.0|0.87|0.18|0.01|0.14|0.10|0.01|Sulphide|Extension|
|and|465.0|477.0|12.0|0.90|0.15|0.01|0.29|0.11|0.03|Sulphide|Extension|
|and|481.0|485.0|4.0|1.10|0.22|0.01|0.30|0.22|0.03|Sulphide|Extension|
|and|488.5|491.0|2.5|1.33|0.30|0.02|0.41|0.44|0.05|Sulphide|Extension|
|JD182|502.0|512.0|10.0|0.61|0.13|0.01|0.18|0.06|0.02|Sulphide|Extension|
|JD182|526.1|553.0|26.9|0.54|0.12|0.00|0.15|0.06|0.02|Sulphide|Extension|
|Incl|549.0|552.0|3.0|0.84|0.18|0.01|0.16|0.09|0.02|Sulphide|Extension|
|JD182|558.0|562.0|4.0|0.44|0.09|0.00|0.14|0.05|0.02|Sulphide|Extension|
|JD182|565.0|568.0|3.0|0.43|0.08|0.00|0.13|0.08|0.02|Sulphide|Extension|
|JD182|569.0|572.0|3.0|0.38|0.07|0.00|0.16|0.07|0.02|Sulphide|Extension|
|JD183|13.5|17.3|3.8|1.36|0.33|0.02|0.18|0.16|0.01|Oxide|Infill|
|Incl|15.0|17.3|2.3|1.68|0.34|0.03|0.22|0.18|0.02|Oxide|Infill|
|JD183|19.5|25.0|5.5|1.31|0.19|0.01|0.26|0.08|0.04|Oxide|Infill|
|Incl|19.5|24.0|4.5|1.50|0.19|0.01|0.25|0.08|0.04|Oxide|Infill|
|JD183|45.0|67.8|22.8|0.74|0.17|0.02|0.20|0.05|0.02|Sulphide|Infill|
|Incl|47.3|51.0|3.7|1.40|0.32|0.01|0.47|0.08|0.04|Sulphide|Infill|
|and|65.0|67.8|2.8|1.22|0.31|0.10|0.14|0.06|0.01|Sulphide|Infill|
|JD188|8.0|10.0|2.0|0.68|0.16|0.01|0.03|0.03|0.00|Oxide|Extension|
|JD188|16.0|28.8|12.8|1.25|0.35|0.05|0.21|0.13|0.04|Oxide|Infill|
|Incl|16.9|25.9|9.0|1.58|0.48|0.05|0.26|0.13|0.05|Oxide|Infill|
|JD188|28.8|102.0|73.2|0.63|0.13|0.04|0.16|0.10|0.02|Sulphide|Infill|
|Incl|28.8|34.0|5.2|0.88|0.20|0.05|0.17|0.07|0.02|Sulphide|Infill|
|and|43.0|46.0|3.0|0.66|0.13|0.03|0.22|0.22|0.03|Sulphide|Infill|
|and|69.0|72.0|3.0|0.82|0.19|0.04|0.20|0.12|0.02|Sulphide|Infill|
|and|78.0|80.0|2.0|0.75|0.19|0.06|0.17|0.14|0.02|Sulphide|Infill|
|and|83.0|85.0|2.0|0.73|0.14|0.06|0.19|0.16|0.02|Sulphide|Infill|
|JD188|127.7|131.0|3.3|0.68|0.13|0.08|0.17|0.07|0.01|Sulphide|Infill|
|JD189|57.3|62.0|4.7|0.79|0.16|0.04|0.12|0.09|0.01|Sulphide|Infill|

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15 Chalice Mining Limited

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|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|From|To|Interval|Pd|Pt|Au|Ni|Cu|Co|
|Hole ID|Geology|Type|
|(m)|(m)|(m)|(g/t)|(g/t)|(g/t)|(%)|(%)|(%)|
|JD192|8.2|25.0|16.8|1.23|0.41|0.01|0.19|0.21|0.05|Oxide|Infill|
|Incl|9.0|18.6|9.6|1.05|0.34|0.01|0.22|0.19|0.03|Oxide|Infill|
|and|22.0|25.0|3.0|2.43|0.64|0.02|0.17|0.34|0.05|Oxide|Infill|
|JD193|3.1|21.0|17.9|2.53|0.61|0.04|0.21|0.25|0.09|Oxide|Infill|
|Incl|5.3|20.0|14.7|2.86|0.69|0.04|0.22|0.27|0.11|Oxide|Infill|
|JD193|34.0|76.0|42.0|0.55|0.13|0.01|0.17|0.02|0.01|Sulphide|Infill|
|JD193|85.0|93.0|8.0|0.51|0.15|0.01|0.17|0.01|0.02|Sulphide|Infill|
|JD193|99.0|102.0|3.0|0.90|0.26|0.03|0.12|0.20|0.02|Sulphide|Infill|
|JD193|116.0|154.0|38.0|1.00|0.29|0.01|0.17|0.10|0.02|Sulphide|Infill|
|Incl|117.0|127.0|10.0|1.61|0.50|0.01|0.20|0.12|0.02|Sulphide|Infill|
|and|131.4|136.0|4.6|0.81|0.15|0.00|0.15|0.14|0.02|Sulphide|Infill|
|and|140.0|150.0|10.0|1.19|0.40|0.01|0.21|0.10|0.02|Sulphide|Infill|
|JD193|175.0|181.0|6.0|2.35|0.14|0.56|0.09|0.34|0.01|Sulphide|Infill|
|Incl|178.6|181.0|2.4|5.12|0.21|1.21|0.14|0.82|0.01|Sulphide|Infill|
|JD193|188.0|249.0|61.0|1.27|0.51|0.14|0.12|0.28|0.01|Sulphide|Infill|
|Incl|189.0|204.0|15.0|1.54|1.03|0.11|0.13|0.17|0.01|Sulphide|Infill|
|and|207.0|221.4|14.4|0.86|0.20|0.17|0.14|0.79|0.01|Sulphide|Infill|
|and|223.8|228.0|4.2|2.20|0.41|0.14|0.14|0.18|0.01|Sulphide|Infill|
|and|234.0|249.0|15.0|1.85|0.65|0.24|0.11|0.08|0.01|Sulphide|Infill|
|JD194|75.0|83.0|8.0|0.48|0.12|0.02|0.13|0.09|0.01|Sulphide|Infill|
|JD194|86.0|123.0|37.0|0.59|0.14|0.01|0.12|0.08|0.01|Sulphide|Infill|
|Incl|93.0|98.0|5.0|0.93|0.22|0.01|0.14|0.09|0.01|Sulphide|Infill|
|and|106.0|110.0|4.0|0.96|0.21|0.03|0.14|0.09|0.01|Sulphide|Infill|
|JD194|129.8|165.0|35.2|0.79|0.19|0.00|0.16|0.09|0.02|Sulphide|Infill|
|Incl|135.6|142.0|6.4|1.13|0.23|0.00|0.17|0.09|0.02|Sulphide|Infill|
|and|145.0|154.2|9.2|1.26|0.29|0.01|0.23|0.14|0.02|Sulphide|Infill|
|and|160.9|165.0|4.1|0.71|0.30|0.00|0.15|0.13|0.02|Sulphide|Infill|
|JD194|194.0|229.0|35.0|0.53|0.10|0.00|0.16|0.06|0.02|Sulphide|Infill|
|Incl|199.0|204.2|5.2|0.76|0.12|0.00|0.22|0.11|0.02|Sulphide|Infill|
|and|220.0|223.0|3.0|0.64|0.12|0.00|0.24|0.14|0.02|Sulphide|Infill|
|JD194|246.9|364.0|117.1|0.97|0.17|0.01|0.22|0.12|0.02|Sulphide|Infill|
|Incl|253.0|256.0|3.0|0.91|0.30|0.01|0.23|0.20|0.03|Sulphide|Infill|
|and|265.8|271.0|5.2|8.25|0.98|0.05|1.57|1.05|0.10|Sulphide|Infill|
|and|278.0|280.0|2.0|0.79|0.14|0.01|0.25|0.02|0.02|Sulphide|Infill|
|and|296.0|309.0|13.0|0.83|0.17|0.02|0.19|0.10|0.02|Sulphide|Infill|
|and|311.6|319.0|7.4|0.85|0.17|0.01|0.17|0.08|0.02|Sulphide|Infill|
|and|333.0|335.0|2.0|0.95|0.21|0.01|0.20|0.10|0.02|Sulphide|Extension|
|and|357.0|362.0|5.0|1.13|0.20|0.04|0.20|0.13|0.02|Sulphide|Extension|
|JD196|34.0|41.0|7.0|0.90|0.22|0.03|0.17|0.19|0.01|Oxide|Infill|
|JD196|41.0|90.6|49.6|0.71|0.18|0.03|0.15|0.08|0.01|Sulphide|Infill|
|Incl|57.0|62.0|5.0|0.80|0.34|0.05|0.17|0.12|0.02|Sulphide|Infill|
|and|67.1|74.0|6.9|1.06|0.23|0.03|0.17|0.09|0.02|Sulphide|Infill|

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16 Chalice Mining Limited

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|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|From|To|Interval|Pd|Pt|Au|Ni|Cu|Co|
|Hole ID|Geology|Type|
|(m)|(m)|(m)|(g/t)|(g/t)|(g/t)|(%)|(%)|(%)|
|and|78.0|83.0|5.0|0.89|0.27|0.02|0.15|0.06|0.01|Sulphide|Infill|
|and|86.0|88.0|2.0|1.05|0.24|0.06|0.16|0.12|0.02|Sulphide|Infill|
|JD196|103.3|137.0|33.7|0.69|0.22|0.03|0.13|0.05|0.01|Sulphide|Infill|
|JD196|157.0|160.0|3.0|1.70|0.44|0.06|0.12|0.03|0.01|Sulphide|Infill|
|JD197|8.0|20.3|12.3|0.93|0.33|0.01|0.18|0.20|0.04|Oxide|Infill|
|Incl|15.0|17.9|2.9|1.46|0.47|0.01|0.19|0.19|0.05|Oxide|Infill|
|JD197|22.6|32.7|10.1|0.90|0.24|0.03|0.09|0.12|0.02|Oxide|Infill|
|Incl|22.6|25.7|3.1|1.95|0.45|0.09|0.15|0.20|0.03|Oxide|Infill|
|JD197|147.9|152.0|4.1|2.52|0.48|0.01|0.36|0.20|0.03|Sulphide|Infill|
|Incl|147.9|150.9|3.0|3.29|0.65|0.01|0.45|0.21|0.03|Sulphide|Infill|
|JD197|293.7|306.0|12.3|0.39|0.11|0.00|0.17|0.04|0.01|Sulphide|Infill|
|JD197|319.9|322.0|2.1|0.29|0.09|0.01|0.20|0.14|0.02|Sulphide|Infill|
|JD197|338.0|368.4|30.4|0.47|0.12|0.01|0.15|0.08|0.02|Sulphide|Infill|
|Incl|364.0|368.4|4.4|0.64|0.18|0.00|0.20|0.13|0.02|Sulphide|Infill|
|JD197|393.0|414.3|21.3|0.54|0.15|0.04|0.10|0.27|0.01|Sulphide|Extension|
|Incl|400.0|403.0|3.0|1.20|0.69|0.12|0.19|0.77|0.02|Sulphide|Extension|
|and|406.0|411.0|5.0|0.68|0.09|0.04|0.13|0.25|0.01|Sulphide|Extension|
|JD197|420.0|430.0|10.0|0.94|0.24|0.15|0.13|0.23|0.01|Sulphide|Extension|
|Incl|424.0|429.0|5.0|1.38|0.41|0.24|0.15|0.37|0.01|Sulphide|Extension|
|JD197|436.0|439.3|3.3|1.44|0.58|0.27|0.09|0.06|0.01|Sulphide|Extension|
|Incl|437.0|439.3|2.3|1.83|0.76|0.37|0.09|0.07|0.01|Sulphide|Extension|
|JD198|4.4|7.8|3.4|1.60|0.41|0.10|0.12|0.35|0.04|Oxide|Extension|
|Incl|5.6|7.8|2.2|2.01|0.52|0.10|0.13|0.43|0.06|Oxide|Extension|
|JD198|11.8|22.6|10.8|1.88|0.40|0.02|0.22|0.25|0.03|Oxide|Infill|
|JD198|33.0|40.6|7.6|0.49|0.11|0.00|0.18|0.02|0.02|Sulphide|Infill|
|JD198|76.8|79.0|2.2|0.54|0.14|0.01|0.14|0.01|0.01|Sulphide|Infill|
|JD198|143.0|147.0|4.0|0.54|0.12|0.02|0.22|0.04|0.02|Sulphide|Infill|
|JD198|154.0|196.0|42.0|0.76|0.19|0.02|0.14|0.11|0.02|Sulphide|Infill|
|Incl|158.0|163.8|5.8|0.59|0.14|0.05|0.20|0.20|0.02|Sulphide|Infill|
|and|167.0|174.0|7.0|1.17|0.40|0.01|0.14|0.08|0.02|Sulphide|Infill|
|and|180.0|184.0|4.0|1.48|0.20|0.02|0.13|0.19|0.02|Sulphide|Infill|
|and|188.0|195.0|7.0|0.87|0.16|0.01|0.16|0.12|0.02|Sulphide|Infill|
|JD198|221.0|223.1|2.1|0.76|0.21|0.01|0.30|0.17|0.04|Sulphide|Infill|
|JD198|229.0|253.1|24.1|0.62|0.17|0.02|0.14|0.11|0.01|Sulphide|Infill|
|Incl|243.7|248.6|4.9|1.61|0.45|0.04|0.23|0.13|0.02|Sulphide|Infill|
|JD198|260.0|271.5|11.5|2.58|0.88|0.24|0.16|0.08|0.01|Sulphide|Infill|
|Incl|261.0|271.5|10.5|2.77|0.94|0.26|0.16|0.08|0.01|Sulphide|Infill|
|JD199|169.5|172.5|3.0|0.61|0.14|0.00|0.13|0.06|0.01|Sulphide|Infill|
|JD199|182.8|188.0|5.2|0.56|0.11|0.00|0.18|0.06|0.02|Sulphide|Infill|
|JD199|195.2|265.6|70.5|0.54|0.12|0.00|0.16|0.07|0.02|Sulphide|Infill|
|Incl|200.0|203.6|3.6|0.96|0.21|0.00|0.20|0.06|0.02|Sulphide|Infill|
|JD199|273.3|276.7|3.4|0.56|0.11|0.00|0.15|0.02|0.01|Sulphide|Infill|

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17 Chalice Mining Limited

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|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|From|To|Interval|Pd|Pt|Au|Ni|Cu|Co|
|Hole ID|Geology|Type|
|(m)|(m)|(m)|(g/t)|(g/t)|(g/t)|(%)|(%)|(%)|
|JD199|284.6|313.6|29.0|0.86|0.19|0.01|0.17|0.08|0.02|Sulphide|Extension|
|Incl|288.0|296.6|8.6|1.17|0.23|0.01|0.20|0.10|0.02|Sulphide|Infill|
|and|301.0|304.0|3.0|0.81|0.12|0.01|0.21|0.22|0.02|Sulphide|Extension|
|and|308.0|312.4|4.4|1.34|0.42|0.01|0.18|0.05|0.02|Sulphide|Extension|
|JD199|320.0|332.0|12.0|0.70|0.17|0.01|0.12|0.04|0.01|Sulphide|Extension|
|Incl|321.0|323.3|2.3|1.04|0.32|0.01|0.12|0.04|0.01|Sulphide|Extension|
|JD199|336.8|339.9|3.1|0.49|0.10|0.00|0.12|0.05|0.01|Sulphide|Extension|
|JD199|342.0|347.8|5.8|0.56|0.09|0.01|0.14|0.05|0.02|Sulphide|Extension|
|JD200|208.0|226.5|18.5|0.55|0.12|0.02|0.14|0.11|0.02|Sulphide|Extension|
|Incl|209.0|212.2|3.2|1.23|0.22|0.03|0.16|0.24|0.02|Sulphide|Extension|
|JD200|255.0|263.0|8.0|0.41|0.10|0.01|0.13|0.16|0.02|Sulphide|Extension|
|JD200|273.0|276.0|3.0|0.49|0.12|0.01|0.12|0.07|0.01|Sulphide|Extension|
|JD200|278.0|294.0|16.0|0.83|0.19|0.01|0.13|0.07|0.01|Sulphide|Extension|
|Incl|283.0|290.0|7.0|1.21|0.27|0.01|0.15|0.08|0.01|Sulphide|Extension|
|JD200|330.5|344.0|13.5|0.69|0.15|0.01|0.16|0.09|0.02|Sulphide|Extension|
|Incl|330.5|337.0|6.5|0.91|0.21|0.01|0.18|0.14|0.02|Sulphide|Extension|
|JD201|350.0|356.0|6.0|0.37|0.17|0.00|0.15|0.09|0.01|Sulphide|Extension|
|JD201|365.4|367.8|2.4|0.64|0.11|0.01|0.14|0.12|0.01|Sulphide|Extension|
|JD201|414.0|459.0|45.0|0.72|0.17|0.06|0.12|0.21|0.01|Sulphide|Extension|
|Incl|416.0|419.0|3.0|1.22|0.43|0.03|0.18|0.15|0.02|Sulphide|Extension|
|and|430.0|447.0|17.0|0.75|0.14|0.09|0.12|0.38|0.01|Sulphide|Extension|
|JD202|4.0|29.0|25.0|0.93|0.14|0.02|0.18|0.15|0.01|Oxide|Infill|
|Incl|4.0|11.0|7.0|1.73|0.25|0.03|0.14|0.17|0.01|Oxide|Extension|
|JD202|196.0|200.0|4.0|0.75|0.14|0.01|0.19|0.01|0.02|Sulphide|Infill|
|JD202|220.6|226.0|5.4|0.83|0.19|0.01|0.12|0.05|0.01|Sulphide|Infill|
|Incl|221.3|224.0|2.7|0.93|0.23|0.01|0.12|0.07|0.01|Sulphide|Infill|
|JD202|235.0|245.2|10.2|0.51|0.11|0.01|0.12|0.08|0.01|Sulphide|Infill|
|JD202|279.0|286.4|7.4|0.41|0.14|0.02|0.12|0.10|0.01|Sulphide|Infill|
|JD203|4.0|25.0|21.0|1.37|0.46|0.02|0.20|0.21|0.05|Oxide|Infill|
|Incl|4.0|16.4|12.4|1.73|0.56|0.02|0.23|0.27|0.08|Oxide|Extension|
|JD203|25.5|156.0|130.5|1.16|0.26|0.18|0.15|0.39|0.02|Sulphide|Infill|
|Incl|25.5|30.0|4.5|1.44|0.34|0.02|0.20|0.14|0.02|Sulphide|Infill|
|and|35.0|39.0|4.0|0.72|0.12|0.01|0.15|0.18|0.02|Sulphide|Infill|
|and|47.0|51.6|4.6|0.78|0.16|0.01|0.14|0.20|0.02|Sulphide|Infill|
|and|54.9|61.2|6.2|1.14|0.33|0.06|0.13|0.33|0.02|Sulphide|Infill|
|and|67.0|92.0|25.0|2.41|0.42|0.69|0.18|1.08|0.02|Sulphide|Infill|
|and|97.0|125.0|28.0|1.38|0.39|0.07|0.19|0.38|0.02|Sulphide|Infill|
|and|128.0|133.7|5.7|0.86|0.14|0.03|0.16|0.18|0.02|Sulphide|Infill|
|and|137.7|143.0|5.3|1.06|0.47|0.25|0.16|0.53|0.02|Sulphide|Infill|
|JD203|162.0|177.0|15.0|0.83|0.34|0.04|0.19|0.04|0.02|Sulphide|Infill|
|Incl|162.0|164.0|2.0|1.66|0.59|0.06|0.14|0.04|0.01|Sulphide|Infill|
|and|171.0|177.0|6.0|1.03|0.48|0.04|0.28|0.06|0.02|Sulphide|Infill|

----- End of picture text -----

18 Chalice Mining Limited

ASX:CHN OTCQB:CGMLF

==> picture [483 x 712] intentionally omitted <==

----- Start of picture text -----

|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|From|To|Interval|Pd|Pt|Au|Ni|Cu|Co|
|Hole ID|Geology|Type|
|(m)|(m)|(m)|(g/t)|(g/t)|(g/t)|(%)|(%)|(%)|
|JD204|412.4|468.0|55.6|0.51|0.11|0.02|0.14|0.14|0.02|Sulphide|Extension|
|Incl|412.4|420.0|7.6|0.78|0.15|0.01|0.21|0.15|0.02|Sulphide|Extension|
|and|450.0|452.0|2.0|0.63|0.15|0.02|0.15|0.38|0.02|Sulphide|Extension|
|JD204|481.0|488.0|7.0|0.82|0.12|0.08|0.11|0.48|0.01|Sulphide|Extension|
|Incl|481.0|487.0|6.0|0.88|0.12|0.09|0.12|0.53|0.01|Sulphide|Extension|
|JD204|507.0|510.0|3.0|1.67|1.18|0.23|0.02|0.05|0.00|Sulphide|Extension|
|JD205|275.3|291.3|16.0|0.51|0.10|0.00|0.12|0.05|0.01|Sulphide|Extension|
|JD208|4.5|31.4|26.9|6.23|1.33|0.55|0.08|0.29|0.01|Oxide|Infill|
|JD208|235.0|242.9|7.9|0.56|0.12|0.01|0.17|0.15|0.02|Sulphide|Infill|
|JD208|247.0|250.0|3.0|0.52|0.20|0.01|0.13|0.03|0.02|Sulphide|Infill|
|JD208|261.0|292.0|31.0|0.60|0.10|0.02|0.15|0.11|0.02|Sulphide|Infill|
|Incl|266.0|272.0|6.0|0.87|0.16|0.01|0.18|0.10|0.02|Sulphide|Infill|
|and|283.9|287.0|3.2|0.66|0.08|0.03|0.13|0.32|0.02|Sulphide|Infill|
|JD208|299.2|317.4|18.2|1.07|0.13|0.13|0.12|0.16|0.01|Sulphide|Infill|
|Incl|308.0|312.0|4.0|2.44|0.15|0.28|0.16|0.40|0.02|Sulphide|Infill|
|JD208|325.0|327.7|2.7|0.61|0.50|0.11|0.11|0.04|0.01|Sulphide|Infill|
|JD208|341.1|343.7|2.6|1.69|0.00|0.01|0.22|0.16|0.03|Sulphide|Extension|
|JD209|47.0|52.0|5.0|0.36|0.08|0.01|0.16|0.06|0.01|Sulphide|Infill|
|JD209|58.2|65.0|6.8|0.55|0.12|0.00|0.15|0.02|0.01|Sulphide|Infill|
|JD209|93.0|98.8|5.8|0.59|0.14|0.01|0.08|0.05|0.01|Sulphide|Infill|
|JD209|104.0|129.9|25.9|1.00|0.19|0.05|0.15|0.15|0.01|Sulphide|Infill|
|Incl|107.0|124.0|17.0|1.23|0.24|0.07|0.17|0.19|0.02|Sulphide|Infill|
|JD209|159.0|161.0|2.0|0.59|0.14|0.00|0.17|0.10|0.02|Sulphide|Infill|
|JD209|169.0|176.0|7.0|0.74|0.14|0.00|0.15|0.01|0.01|Sulphide|Infill|
|JD209|207.2|215.6|8.4|1.15|0.19|0.01|0.23|0.09|0.02|Sulphide|Infill|
|JD209|256.4|269.8|13.4|0.68|0.14|0.02|0.14|0.08|0.01|Sulphide|Extension|
|JD210|18.0|36.0|18.0|0.78|0.17|0.07|0.12|0.11|0.02|Oxide|Infill|
|Incl|18.0|27.3|9.3|1.00|0.23|0.09|0.11|0.13|0.02|Oxide|Infill|
|JD210|36.0|90.0|54.0|0.72|0.14|0.03|0.15|0.15|0.02|Sulphide|Infill|
|Incl|41.0|47.0|6.0|0.92|0.17|0.04|0.15|0.15|0.02|Sulphide|Infill|
|and|50.7|62.0|11.3|0.81|0.15|0.05|0.16|0.34|0.02|Sulphide|Infill|
|and|67.9|80.0|12.1|0.99|0.19|0.03|0.18|0.14|0.02|Sulphide|Infill|
|JD210|102.7|109.0|6.3|0.71|0.17|0.02|0.19|0.08|0.02|Sulphide|Infill|
|Incl|102.7|106.0|3.3|0.89|0.19|0.02|0.21|0.06|0.02|Sulphide|Infill|
|JD210|118.0|176.0|58.0|0.65|0.13|0.01|0.19|0.12|0.02|Sulphide|Infill|
|Incl|124.0|128.0|4.0|0.87|0.20|0.05|0.19|0.15|0.01|Sulphide|Infill|
|and|149.0|152.0|3.0|0.59|0.12|0.01|0.25|0.19|0.03|Sulphide|Infill|
|and|157.0|161.7|4.7|2.25|0.27|0.01|0.68|0.56|0.07|Sulphide|Infill|
|and|172.0|174.0|2.0|0.65|0.30|0.02|0.17|0.55|0.02|Sulphide|Infill|
|JD210|182.0|190.2|8.2|0.30|0.06|0.00|0.16|0.18|0.02|Sulphide|Infill|
|JD210|195.0|245.0|50.0|0.73|0.15|0.00|0.16|0.06|0.02|Sulphide|Infill|
|Incl|207.0|212.4|5.4|1.28|0.26|0.00|0.22|0.06|0.02|Sulphide|Infill|

----- End of picture text -----

19 Chalice Mining Limited

ASX:CHN OTCQB:CGMLF

==> picture [483 x 712] intentionally omitted <==

----- Start of picture text -----

|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|From|To|Interval|Pd|Pt|Au|Ni|Cu|Co|
|Hole ID|Geology|Type|
|(m)|(m)|(m)|(g/t)|(g/t)|(g/t)|(%)|(%)|(%)|
|and|227.0|231.0|4.0|1.04|0.22|0.00|0.20|0.06|0.02|Sulphide|Infill|
|and|236.0|242.0|6.0|0.82|0.18|0.00|0.18|0.14|0.02|Sulphide|Infill|
|JD212|223.0|282.0|59.0|0.93|0.16|0.04|0.16|0.19|0.02|Sulphide|Infill|
|Incl|227.0|249.0|22.0|0.77|0.14|0.02|0.18|0.19|0.02|Sulphide|Infill|
|and|252.0|272.0|20.0|1.26|0.17|0.07|0.16|0.28|0.02|Sulphide|Infill|
|and|277.0|282.0|5.0|1.40|0.37|0.07|0.13|0.11|0.02|Sulphide|Infill|
|JD213|6.0|27.0|21.0|0.97|0.22|0.05|0.12|0.08|0.01|Oxide|Infill|
|Incl|6.0|11.5|5.5|1.42|0.37|0.01|0.08|0.09|0.01|Oxide|Extension|
|and|17.0|25.0|8.0|1.08|0.22|0.05|0.13|0.07|0.01|Oxide|Infill|
|JD213|27.0|52.9|25.9|0.66|0.13|0.03|0.15|0.08|0.02|Sulphide|Infill|
|Incl|31.0|38.0|7.0|0.84|0.15|0.02|0.16|0.06|0.02|Sulphide|Infill|
|and|47.0|49.0|2.0|0.56|0.13|0.01|0.15|0.36|0.02|Sulphide|Infill|
|JD213|62.0|78.0|16.0|0.54|0.13|0.05|0.18|0.11|0.02|Sulphide|Infill|
|Incl|64.0|69.0|5.0|0.77|0.19|0.13|0.24|0.25|0.02|Sulphide|Infill|
|JD213|83.0|117.6|34.6|0.76|0.17|0.04|0.17|0.10|0.01|Sulphide|Infill|
|Incl|86.0|99.7|13.7|1.01|0.23|0.07|0.20|0.14|0.02|Sulphide|Infill|
|and|105.0|109.0|4.1|0.77|0.16|0.03|0.17|0.11|0.02|Sulphide|Infill|
|JD213|123.0|241.8|118.8|0.74|0.15|0.00|0.17|0.08|0.02|Sulphide|Infill|
|Incl|153.0|156.0|3.0|1.24|0.22|0.00|0.22|0.10|0.02|Sulphide|Infill|
|and|173.0|194.0|21.0|0.99|0.19|0.00|0.18|0.12|0.02|Sulphide|Infill|
|and|211.0|225.0|14.0|1.50|0.32|0.00|0.31|0.13|0.02|Sulphide|Infill|
|and|236.9|239.0|2.1|1.63|0.28|0.00|0.22|0.15|0.02|Sulphide|Infill|
|JD213|260.0|292.0|32.0|0.52|0.11|0.00|0.17|0.07|0.02|Sulphide|Infill|
|Incl|260.0|264.0|4.0|0.72|0.14|0.00|0.21|0.06|0.02|Sulphide|Infill|
|and|280.0|285.0|5.0|0.81|0.14|0.00|0.26|0.14|0.03|Sulphide|Infill|
|JD214|212.1|219.0|6.9|0.41|0.07|0.01|0.10|0.21|0.01|Sulphide|Extension|
|JD214|274.8|278.4|3.6|0.39|0.15|0.01|0.12|0.11|0.01|Sulphide|Extension|
|JD215|146.7|149.0|2.3|0.82|0.19|0.01|0.25|0.25|0.02|Sulphide|Extension|
|JD216|13.0|23.0|10.0|0.82|0.19|0.01|0.19|0.09|0.02|Oxide|Infill|
|Incl|19.0|22.0|3.0|1.18|0.22|0.01|0.23|0.10|0.02|Oxide|Infill|
|JD216|30.0|35.0|5.0|0.51|0.11|0.00|0.19|0.06|0.02|Sulphide|Infill|
|JD216|41.0|82.0|41.0|0.66|0.15|0.00|0.16|0.14|0.01|Sulphide|Infill|
|Incl|66.0|82.0|16.0|0.79|0.18|0.01|0.16|0.31|0.01|Sulphide|Infill|
|JD216|94.0|97.0|3.0|0.57|0.11|0.01|0.14|0.02|0.02|Sulphide|Infill|
|JD216|102.0|104.0|2.0|0.72|0.14|0.01|0.19|0.02|0.02|Sulphide|Infill|
|JD216|109.0|146.0|37.0|0.63|0.14|0.01|0.17|0.05|0.02|Sulphide|Infill|
|Incl|111.0|117.0|6.0|0.88|0.22|0.01|0.22|0.15|0.03|Sulphide|Infill|
|and|136.0|141.0|5.0|0.85|0.19|0.01|0.18|0.06|0.02|Sulphide|Infill|
|JD216|162.0|165.0|3.0|1.19|0.20|0.01|0.14|0.05|0.02|Sulphide|Infill|
|Incl|162.0|164.0|2.0|1.52|0.20|0.01|0.14|0.05|0.02|Sulphide|Infill|
|JD216|176.0|183.0|7.0|0.67|0.24|0.01|0.16|0.06|0.02|Sulphide|Extension|
|Incl|179.0|182.0|3.0|0.82|0.38|0.01|0.17|0.03|0.02|Sulphide|Extension|

----- End of picture text -----

20 Chalice Mining Limited

ASX:CHN OTCQB:CGMLF

==> picture [483 x 712] intentionally omitted <==

----- Start of picture text -----

|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|From|To|Interval|Pd|Pt|Au|Ni|Cu|Co|
|Hole ID|Geology|Type|
|(m)|(m)|(m)|(g/t)|(g/t)|(g/t)|(%)|(%)|(%)|
|JD216|210.1|222.4|12.3|0.85|0.20|0.01|0.16|0.03|0.01|Sulphide|Extension|
|Incl|217.0|220.0|3.0|1.35|0.33|0.01|0.19|0.04|0.02|Sulphide|Extension|
|JD216|257.5|278.2|20.7|0.73|0.16|0.03|0.13|0.07|0.01|Sulphide|Extension|
|JD217|6.7|23.5|16.8|1.31|0.31|0.06|0.08|0.10|0.02|Oxide|Infill|
|Incl|10.0|23.5|13.5|1.48|0.34|0.08|0.09|0.12|0.03|Oxide|Infill|
|JD217|43.3|72.6|29.3|0.67|0.15|0.02|0.16|0.09|0.01|Sulphide|Infill|
|Incl|44.0|48.0|4.0|0.78|0.16|0.03|0.20|0.23|0.02|Sulphide|Infill|
|and|50.9|53.0|2.1|0.67|0.15|0.02|0.18|0.13|0.02|Sulphide|Infill|
|and|54.0|58.0|4.0|1.00|0.21|0.03|0.21|0.12|0.02|Sulphide|Infill|
|and|63.0|68.9|5.9|1.02|0.23|0.03|0.20|0.09|0.02|Sulphide|Infill|
|JD217|132.9|140.0|7.1|0.53|0.11|0.01|0.15|0.06|0.01|Sulphide|Infill|
|JD217|204.0|226.0|22.0|0.55|0.12|0.00|0.14|0.07|0.01|Sulphide|Infill|
|JD217|232.2|253.0|20.8|0.61|0.14|0.00|0.18|0.05|0.02|Sulphide|Infill|
|Incl|239.0|241.0|2.0|0.86|0.15|0.00|0.21|0.03|0.02|Sulphide|Infill|
|JD217|258.0|262.0|4.0|0.91|0.17|0.00|0.24|0.11|0.03|Sulphide|Infill|
|Incl|258.0|260.0|2.0|1.19|0.21|0.00|0.31|0.20|0.04|Sulphide|Infill|
|JD217|270.0|291.0|21.0|0.57|0.12|0.00|0.17|0.07|0.02|Sulphide|Infill|
|Incl|276.0|278.0|2.0|0.95|0.18|0.00|0.18|0.21|0.02|Sulphide|Infill|
|JD217|301.0|304.0|3.0|0.46|0.09|0.00|0.16|0.02|0.01|Sulphide|Infill|
|JD218|0.0|13.0|13.0|3.07|1.76|0.06|0.18|0.33|0.17|Oxide|Extension|
|JD218|18.0|25.5|7.5|3.82|0.41|0.09|0.12|1.50|0.02|Oxide|Infill|
|Incl|19.7|25.5|5.8|4.80|0.53|0.12|0.14|1.92|0.02|Oxide|Infill|
|JD218|32.0|40.0|8.0|1.05|0.34|0.02|0.29|0.26|0.02|Oxide|Infill|
|Incl|32.0|36.6|4.6|1.56|0.51|0.03|0.40|0.44|0.03|Oxide|Infill|
|JD218|103.0|107.1|4.1|0.51|0.13|0.01|0.12|0.04|0.01|Sulphide|Infill|
|JD218|120.0|125.0|5.0|0.48|0.15|0.01|0.14|0.09|0.02|Sulphide|Infill|
|JD218|130.0|133.0|3.0|0.98|0.24|0.01|0.16|0.10|0.02|Sulphide|Infill|
|JD218|138.0|156.0|18.0|0.63|0.23|0.01|0.15|0.04|0.01|Sulphide|Infill|
|Incl|152.0|155.0|3.0|1.26|0.81|0.03|0.15|0.16|0.02|Sulphide|Infill|
|JD218|190.0|206.9|16.9|0.50|0.11|0.01|0.16|0.03|0.01|Sulphide|Infill|
|JD218|233.5|237.0|3.5|0.64|0.17|0.03|0.12|0.08|0.01|Sulphide|Infill|
|JD218|243.0|245.0|2.0|0.58|0.06|0.01|0.13|0.08|0.02|Sulphide|Infill|
|JD218|272.0|301.0|29.0|0.71|0.13|0.08|0.12|0.28|0.01|Sulphide|Infill|
|Incl|280.0|288.0|8.0|1.36|0.25|0.23|0.14|0.67|0.01|Sulphide|Infill|
|and|298.0|301.0|3.0|0.92|0.16|0.05|0.16|0.27|0.02|Sulphide|Infill|
|JD218|314.0|321.0|7.0|0.34|0.01|0.02|0.10|0.19|0.02|Sulphide|Infill|
|JD219|15.0|23.0|8.0|0.96|0.29|0.01|0.08|0.13|0.01|Oxide|Infill|
|Incl|18.0|20.0|2.0|1.93|0.91|0.01|0.09|0.16|0.01|Oxide|Infill|
|JD219|48.0|53.0|5.0|0.62|0.13|0.00|0.13|0.00|0.02|Sulphide|Infill|
|JD219|127.6|131.0|3.4|0.62|0.12|0.01|0.11|0.08|0.01|Sulphide|Infill|
|JD219|146.0|149.0|3.0|0.54|0.11|0.02|0.13|0.11|0.02|Sulphide|Infill|
|JD219|154.4|220.0|65.6|0.64|0.14|0.04|0.15|0.08|0.02|Sulphide|Infill|

----- End of picture text -----

21 Chalice Mining Limited

ASX:CHN OTCQB:CGMLF

==> picture [483 x 712] intentionally omitted <==

----- Start of picture text -----

|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|From|To|Interval|Pd|Pt|Au|Ni|Cu|Co|
|Hole ID|Geology|Type|
|(m)|(m)|(m)|(g/t)|(g/t)|(g/t)|(%)|(%)|(%)|
|Incl|154.4|163.0|8.6|0.89|0.21|0.06|0.19|0.17|0.02|Sulphide|Infill|
|JD220|311.0|409.4|98.4|0.66|0.13|0.01|0.14|0.09|0.01|Sulphide|Extension|
|Incl|322.0|324.0|2.0|0.69|0.14|0.02|0.18|0.24|0.02|Sulphide|Extension|
|and|346.8|351.9|5.1|0.81|0.14|0.04|0.16|0.21|0.02|Sulphide|Extension|
|and|368.0|371.0|3.0|0.81|0.15|0.01|0.17|0.06|0.02|Sulphide|Extension|
|and|382.0|385.0|3.0|1.06|0.19|0.01|0.17|0.04|0.02|Sulphide|Extension|
|and|386.7|393.0|6.3|1.29|0.23|0.01|0.18|0.05|0.02|Sulphide|Extension|
|and|396.0|408.0|12.0|0.86|0.16|0.01|0.15|0.08|0.01|Sulphide|Extension|
|JD220|416.0|430.1|14.1|0.62|0.14|0.01|0.16|0.09|0.01|Sulphide|Extension|
|Incl|416.0|418.1|2.1|0.63|0.13|0.02|0.26|0.12|0.02|Sulphide|Extension|
|and|427.0|430.1|3.1|0.91|0.19|0.02|0.18|0.17|0.02|Sulphide|Extension|
|JD220|437.0|450.0|13.0|0.62|0.11|0.02|0.15|0.09|0.02|Sulphide|Extension|
|Incl|437.0|442.5|5.5|1.00|0.19|0.03|0.18|0.15|0.02|Sulphide|Extension|
|JD220|492.0|498.6|6.6|0.64|0.16|0.01|0.15|0.08|0.01|Sulphide|Extension|
|JD220|504.0|525.7|21.7|0.52|0.11|0.01|0.14|0.06|0.02|Sulphide|Extension|
|JD220|651.0|659.2|8.2|1.32|0.23|0.01|0.23|0.10|0.02|Sulphide|Extension|
|JD220|664.6|677.0|12.5|0.54|0.11|0.01|0.17|0.06|0.02|Sulphide|Extension|
|JD220|724.0|747.4|23.4|0.45|0.10|0.01|0.17|0.06|0.02|Sulphide|Extension|
|Incl|727.0|729.0|2.0|0.80|0.16|0.02|0.20|0.17|0.02|Sulphide|Extension|
|JD220|752.6|803.8|51.2|0.56|0.15|0.04|0.16|0.10|0.02|Sulphide|Extension|
|Incl|781.0|789.2|8.2|0.72|0.28|0.05|0.18|0.20|0.02|Sulphide|Extension|
|and|794.0|796.0|2.0|0.98|0.14|0.22|0.15|0.11|0.02|Sulphide|Extension|
|and|801.0|803.8|2.8|1.29|0.33|0.03|0.18|0.14|0.02|Sulphide|Extension|
|JD220|808.7|822.0|13.3|0.70|0.17|0.03|0.17|0.08|0.02|Sulphide|Extension|
|Incl|808.7|812.9|4.2|1.13|0.30|0.03|0.21|0.13|0.02|Sulphide|Extension|
|JD221|3.0|21.0|18.0|0.69|0.03|0.03|0.06|0.12|0.01|Oxide|Extension|
|Incl|4.0|8.0|4.0|1.08|0.05|0.00|0.04|0.11|0.00|Oxide|Extension|
|JD222|8.0|18.0|10.0|0.65|0.04|0.01|0.06|0.13|0.02|Oxide|Infill|
|Incl|8.7|11.0|2.3|1.06|0.06|0.00|0.04|0.11|0.02|Oxide|Extension|
|JD222|48.0|56.8|8.8|1.51|0.34|0.07|0.16|0.12|0.02|Sulphide|Infill|
|Incl|51.0|56.8|5.8|2.09|0.47|0.09|0.17|0.17|0.02|Sulphide|Infill|
|JD222|87.0|92.2|5.2|0.50|0.11|0.07|0.14|0.27|0.01|Sulphide|Extension|
|JD224|92.0|100.8|8.8|0.29|0.07|0.01|0.19|0.07|0.02|Sulphide|Infill|
|JD224|101.2|227.0|125.8|0.61|0.14|0.01|0.15|0.07|0.01|Sulphide|Infill|
|Incl|111.0|114.0|3.0|0.86|0.19|0.01|0.17|0.02|0.01|Sulphide|Infill|
|and|152.0|157.0|5.0|0.83|0.27|0.02|0.14|0.10|0.02|Sulphide|Infill|
|and|165.0|169.0|4.0|0.79|0.17|0.02|0.16|0.10|0.02|Sulphide|Infill|
|and|185.0|195.5|10.5|0.99|0.19|0.01|0.16|0.07|0.02|Sulphide|Infill|
|and|198.0|201.0|3.0|0.70|0.17|0.01|0.24|0.12|0.03|Sulphide|Infill|
|and|208.0|220.0|12.0|0.79|0.18|0.00|0.17|0.08|0.02|Sulphide|Infill|
|and|223.0|227.0|4.0|1.14|0.34|0.00|0.22|0.07|0.02|Sulphide|Infill|
|JD224|252.5|338.0|85.6|0.74|0.15|0.01|0.19|0.09|0.02|Sulphide|Extension|

----- End of picture text -----

22 Chalice Mining Limited

ASX:CHN OTCQB:CGMLF

==> picture [483 x 712] intentionally omitted <==

----- Start of picture text -----

|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|From|To|Interval|Pd|Pt|Au|Ni|Cu|Co|
|Hole ID|Geology|Type|
|(m)|(m)|(m)|(g/t)|(g/t)|(g/t)|(%)|(%)|(%)|
|Incl|279.0|287.0|8.0|0.81|0.15|0.01|0.21|0.14|0.02|Sulphide|Infill|
|and|295.0|316.0|21.0|0.87|0.19|0.01|0.21|0.14|0.02|Sulphide|Extension|
|and|324.0|334.0|10.0|1.37|0.24|0.01|0.18|0.10|0.02|Sulphide|Extension|
|JD224|344.0|346.2|2.2|0.48|0.42|0.01|0.14|0.08|0.02|Sulphide|Extension|
|JD224|353.0|360.0|7.0|0.64|0.15|0.00|0.13|0.05|0.01|Sulphide|Extension|
|JD224|365.0|372.8|7.8|0.49|0.09|0.01|0.15|0.06|0.02|Sulphide|Extension|
|JD225|22.8|26.0|3.2|0.52|0.10|0.07|0.12|0.26|0.01|Oxide|Infill|
|JD225|26.0|63.0|37.0|0.73|0.17|0.03|0.12|0.11|0.01|Sulphide|Infill|
|Incl|29.0|45.0|16.0|0.94|0.21|0.03|0.14|0.12|0.01|Sulphide|Infill|
|and|56.0|58.0|2.0|1.39|0.29|0.05|0.19|0.15|0.02|Sulphide|Infill|
|JD225|69.0|204.0|135.0|0.57|0.13|0.01|0.16|0.07|0.02|Sulphide|Infill|
|Incl|89.0|94.0|5.0|0.74|0.15|0.03|0.18|0.19|0.02|Sulphide|Infill|
|and|102.0|104.0|2.0|1.04|0.24|0.05|0.15|0.17|0.02|Sulphide|Infill|
|and|115.0|121.0|6.0|0.83|0.17|0.00|0.19|0.10|0.02|Sulphide|Infill|
|and|125.0|129.0|4.0|0.58|0.13|0.00|0.23|0.10|0.02|Sulphide|Infill|
|and|159.2|167.0|7.8|0.96|0.21|0.00|0.28|0.12|0.03|Sulphide|Infill|
|and|177.0|180.0|3.0|0.83|0.20|0.01|0.38|0.24|0.03|Sulphide|Infill|
|JD225|246.5|280.0|33.5|0.50|0.12|0.00|0.14|0.06|0.02|Sulphide|Infill|
|Incl|250.5|253.0|2.5|0.74|0.20|0.00|0.17|0.26|0.02|Sulphide|Infill|
|JD225|285.0|290.0|5.0|0.54|0.15|0.00|0.14|0.03|0.01|Sulphide|Infill|
|JD225|329.0|357.0|28.0|0.51|0.14|0.00|0.18|0.04|0.02|Sulphide|Extension|
|Incl|332.0|340.0|8.0|0.75|0.22|0.01|0.21|0.05|0.02|Sulphide|Extension|
|JD225|363.0|371.0|8.0|0.83|0.23|0.01|0.16|0.03|0.01|Sulphide|Extension|
|JD225|378.0|395.0|17.0|0.50|0.14|0.03|0.14|0.11|0.01|Sulphide|Extension|
|Incl|388.0|390.0|2.0|0.73|0.49|0.06|0.12|0.19|0.01|Sulphide|Extension|
|JD225|400.0|431.0|31.0|0.47|0.10|0.05|0.14|0.09|0.01|Sulphide|Extension|
|JD225|437.0|465.1|28.1|2.20|0.46|0.25|0.11|0.07|0.01|Sulphide|Extension|
|Incl|448.0|464.0|16.0|2.86|0.63|0.39|0.12|0.10|0.01|Sulphide|Extension|
|JD226|11.4|21.9|10.5|1.22|0.33|0.01|0.12|0.14|0.02|Oxide|Infill|
|Incl|13.4|21.9|8.5|1.33|0.39|0.02|0.14|0.16|0.02|Oxide|Infill|
|JD226|31.8|35.5|3.7|0.86|0.19|0.01|0.16|0.06|0.01|Oxide|Infill|
|JD226|40.9|53.8|12.9|0.92|0.22|0.01|0.19|0.10|0.02|Sulphide|Infill|
|Incl|40.9|51.7|10.8|1.02|0.25|0.01|0.20|0.12|0.02|Sulphide|Infill|
|JD226|61.0|92.0|31.0|0.61|0.11|0.00|0.17|0.07|0.02|Sulphide|Infill|
|Incl|61.0|63.8|2.8|1.04|0.26|0.01|0.22|0.15|0.02|Sulphide|Infill|
|and|73.4|78.0|4.7|0.94|0.18|0.01|0.17|0.03|0.02|Sulphide|Infill|
|JD226|103.0|141.0|38.0|0.48|0.09|0.00|0.17|0.05|0.02|Sulphide|Infill|
|JD226|145.2|150.7|5.5|0.54|0.09|0.00|0.17|0.02|0.02|Sulphide|Infill|
|JD226|157.0|209.7|52.7|0.63|0.13|0.00|0.17|0.04|0.02|Sulphide|Infill|
|Incl|161.0|168.0|7.0|0.79|0.15|0.00|0.23|0.06|0.02|Sulphide|Infill|
|and|178.0|185.3|7.3|0.91|0.20|0.00|0.21|0.06|0.02|Sulphide|Infill|
|and|205.0|209.7|4.7|1.19|0.25|0.00|0.20|0.04|0.02|Sulphide|Infill|

----- End of picture text -----

23 Chalice Mining Limited

ASX:CHN OTCQB:CGMLF

==> picture [483 x 712] intentionally omitted <==

----- Start of picture text -----

|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|From|To|Interval|Pd|Pt|Au|Ni|Cu|Co|
|Hole ID|Geology|Type|
|(m)|(m)|(m)|(g/t)|(g/t)|(g/t)|(%)|(%)|(%)|
|JD226|230.0|253.0|23.0|0.60|0.13|0.00|0.13|0.02|0.01|Sulphide|Infill|
|JD226|320.6|336.0|15.5|0.81|0.19|0.02|0.14|0.07|0.01|Sulphide|Infill|
|Incl|329.0|332.1|3.1|1.58|0.31|0.03|0.17|0.10|0.02|Sulphide|Infill|
|JD226|342.0|371.9|29.9|0.66|0.14|0.05|0.17|0.10|0.01|Sulphide|Infill|
|JD226|387.2|392.3|5.0|1.03|0.27|0.04|0.12|0.05|0.01|Sulphide|Extension|
|Incl|388.0|392.0|4.0|1.06|0.31|0.04|0.13|0.05|0.01|Sulphide|Extension|
|JD227|10.0|42.0|32.0|0.87|0.22|0.03|0.18|0.12|0.02|Oxide|Infill|
|Incl|12.0|16.0|4.0|1.57|0.44|0.01|0.23|0.20|0.03|Oxide|Infill|
|and|27.0|34.0|7.0|1.27|0.28|0.06|0.24|0.14|0.02|Oxide|Infill|
|JD227|54.0|60.6|6.6|1.29|0.27|0.01|0.14|0.04|0.01|Oxide|Infill|
|Incl|57.0|60.6|3.6|1.84|0.38|0.02|0.14|0.02|0.01|Oxide|Infill|
|JD227|60.6|67.0|6.4|0.80|0.19|0.01|0.17|0.12|0.01|Sulphide|Infill|
|Incl|61.0|67.0|6.0|0.81|0.20|0.01|0.17|0.13|0.01|Sulphide|Infill|
|JD227|72.8|101.0|28.3|1.45|0.28|0.01|0.34|0.16|0.03|Sulphide|Infill|
|Incl|73.0|99.0|26.0|1.52|0.29|0.01|0.36|0.17|0.03|Sulphide|Infill|
|JD227|106.0|110.0|4.0|0.40|0.08|0.00|0.14|0.09|0.01|Sulphide|Infill|
|JD227|115.0|189.0|74.0|0.52|0.10|0.00|0.17|0.07|0.02|Sulphide|Infill|
|Incl|124.0|135.0|11.0|0.78|0.16|0.00|0.21|0.15|0.02|Sulphide|Infill|
|and|139.0|142.0|3.0|0.86|0.17|0.00|0.23|0.06|0.02|Sulphide|Infill|
|JD227|221.0|228.0|7.0|0.66|0.12|0.00|0.16|0.05|0.02|Sulphide|Infill|
|Incl|226.0|228.0|2.0|0.81|0.14|0.00|0.18|0.04|0.02|Sulphide|Infill|
|JD227|235.7|240.5|4.8|0.41|0.18|0.00|0.12|0.09|0.01|Sulphide|Infill|
|JD227|253.6|262.0|8.4|0.52|0.15|0.00|0.18|0.07|0.02|Sulphide|Infill|
|JD227|303.4|315.7|12.3|0.51|0.14|0.01|0.21|0.08|0.02|Sulphide|Infill|
|JD227|324.0|327.0|3.0|0.44|0.10|0.01|0.15|0.12|0.02|Sulphide|Infill|
|JD227|333.0|346.0|13.0|0.46|0.09|0.01|0.16|0.07|0.01|Sulphide|Infill|
|JD227|363.9|404.6|40.7|3.25|0.41|0.14|0.17|0.20|0.01|Sulphide|Infill|
|Incl|376.3|390.8|14.5|7.45|0.87|0.33|0.20|0.33|0.01|Sulphide|Infill|
|and|393.0|404.6|11.6|1.41|0.21|0.04|0.16|0.14|0.01|Sulphide|Infill|
|JD227|411.0|427.0|16.0|1.50|0.36|0.10|0.14|0.08|0.01|Sulphide|Extension|
|Incl|412.0|425.0|13.0|1.70|0.39|0.11|0.15|0.08|0.01|Sulphide|Extension|
|JD228|30.0|161.0|131.0|0.85|0.18|0.02|0.21|0.15|0.02|Sulphide|Infill|
|Incl|39.0|44.0|5.0|1.08|0.23|0.01|0.16|0.16|0.02|Sulphide|Infill|
|and|54.0|60.0|6.0|0.84|0.19|0.02|0.15|0.11|0.02|Sulphide|Infill|
|and|63.0|82.0|19.0|0.80|0.18|0.08|0.14|0.16|0.01|Sulphide|Infill|
|and|85.0|87.0|2.0|0.90|0.19|0.03|0.16|0.10|0.02|Sulphide|Infill|
|and|89.0|94.2|5.2|1.08|0.18|0.01|0.17|0.06|0.02|Sulphide|Infill|
|and|102.0|107.0|5.0|1.29|0.23|0.00|0.21|0.03|0.02|Sulphide|Infill|
|and|130.2|135.0|4.8|1.24|0.23|0.01|0.24|0.21|0.03|Sulphide|Infill|
|and|142.8|151.0|8.2|3.15|0.49|0.02|1.10|0.87|0.07|Sulphide|Infill|
|and|154.0|159.0|5.0|0.70|0.42|0.01|0.13|0.14|0.01|Sulphide|Infill|
|JD228|167.0|169.0|2.0|0.44|0.08|0.00|0.16|0.02|0.02|Sulphide|Infill|

----- End of picture text -----

24 Chalice Mining Limited

ASX:CHN OTCQB:CGMLF

==> picture [483 x 712] intentionally omitted <==

----- Start of picture text -----

|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|From|To|Interval|Pd|Pt|Au|Ni|Cu|Co|
|Hole ID|Geology|Type|
|(m)|(m)|(m)|(g/t)|(g/t)|(g/t)|(%)|(%)|(%)|
|JD228|179.1|240.3|61.2|0.59|0.12|0.00|0.16|0.07|0.02|Sulphide|Extension|
|Incl|187.0|195.0|8.0|0.91|0.18|0.00|0.22|0.05|0.02|Sulphide|Extension|
|and|205.0|207.0|2.0|1.53|0.21|0.01|0.31|0.20|0.04|Sulphide|Extension|
|and|211.0|217.0|6.0|0.97|0.22|0.01|0.21|0.36|0.02|Sulphide|Extension|
|JD229|31.3|34.0|2.7|0.76|0.17|0.03|0.17|0.14|0.02|Oxide|Infill|
|JD229|34.0|38.0|4.0|0.68|0.16|0.02|0.17|0.06|0.02|Sulphide|Infill|
|JD229|45.0|52.0|7.0|0.49|0.11|0.01|0.12|0.09|0.01|Sulphide|Infill|
|JD229|55.7|57.8|2.2|0.39|0.10|0.13|0.08|0.29|0.01|Sulphide|Infill|
|JD229|60.3|178.6|118.3|0.60|0.13|0.02|0.15|0.07|0.01|Sulphide|Infill|
|Incl|64.0|71.0|7.0|0.86|0.20|0.01|0.15|0.11|0.02|Sulphide|Infill|
|and|86.0|92.0|6.0|0.99|0.23|0.27|0.16|0.12|0.02|Sulphide|Infill|
|and|95.0|106.0|11.0|0.82|0.17|0.02|0.14|0.12|0.02|Sulphide|Infill|
|and|117.0|119.0|2.0|0.91|0.29|0.00|0.22|0.06|0.02|Sulphide|Infill|
|JD229|185.0|191.1|6.1|0.45|0.08|0.00|0.15|0.07|0.02|Sulphide|Infill|
|JD229|200.0|202.0|2.0|0.44|0.08|0.00|0.17|0.00|0.02|Sulphide|Infill|
|JD230|9.0|27.0|18.0|0.74|0.20|0.03|0.10|0.15|0.02|Oxide|Infill|
|Incl|11.0|18.0|7.0|1.10|0.32|0.04|0.14|0.22|0.04|Oxide|Infill|
|JD230|33.0|92.0|59.0|0.66|0.15|0.01|0.16|0.10|0.02|Sulphide|Infill|
|and|34.0|46.0|12.0|0.75|0.19|0.04|0.14|0.17|0.01|Sulphide|Infill|
|and|51.3|54.0|2.7|0.93|0.19|0.01|0.18|0.20|0.02|Sulphide|Infill|
|and|75.0|77.0|2.0|1.20|0.33|0.02|0.17|0.41|0.02|Sulphide|Infill|
|and|87.0|91.0|4.0|0.85|0.18|0.00|0.26|0.06|0.02|Sulphide|Infill|
|JD230|121.0|124.0|3.0|0.39|0.08|0.00|0.15|0.06|0.02|Sulphide|Infill|
|JD230|135.0|144.0|9.0|0.38|0.08|0.01|0.15|0.10|0.02|Sulphide|Extension|
|JD230|162.0|168.0|6.0|0.45|0.08|0.00|0.14|0.04|0.01|Sulphide|Extension|
|JD230|174.0|182.0|8.0|0.80|0.16|0.01|0.16|0.09|0.02|Sulphide|Extension|
|Incl|175.0|181.0|6.0|0.87|0.18|0.01|0.17|0.10|0.02|Sulphide|Extension|
|JD230|189.0|193.0|4.0|0.44|0.09|0.01|0.15|0.07|0.02|Sulphide|Extension|
|JD231|9.2|20.7|11.5|0.69|0.17|0.04|0.17|0.25|0.03|Oxide|Infill|
|JD231|24.7|28.0|3.3|0.86|0.19|0.02|0.11|0.11|0.01|Oxide|Infill|
|JD231|28.0|108.0|80.0|0.69|0.15|0.08|0.16|0.14|0.02|Sulphide|Infill|
|Incl|30.0|36.9|6.9|1.21|0.19|0.74|0.27|0.77|0.03|Sulphide|Infill|
|and|39.0|52.0|13.0|0.85|0.21|0.05|0.14|0.14|0.01|Sulphide|Infill|
|and|80.0|83.0|3.0|0.88|0.19|0.00|0.18|0.11|0.02|Sulphide|Infill|
|and|98.0|100.0|2.0|1.16|0.24|0.01|0.29|0.16|0.03|Sulphide|Infill|
|JD231|118.0|125.0|7.0|0.87|0.27|0.01|0.17|0.09|0.02|Sulphide|Infill|
|Incl|121.1|125.0|3.9|1.21|0.40|0.01|0.18|0.15|0.02|Sulphide|Infill|
|JD231|132.0|136.6|4.6|0.37|0.08|0.01|0.16|0.13|0.02|Sulphide|Infill|
|JD231|157.9|160.0|2.1|0.58|0.12|0.01|0.13|0.09|0.02|Sulphide|Extension|
|JD231|172.0|177.0|5.0|1.03|0.28|0.01|0.14|0.08|0.02|Sulphide|Extension|
|Incl|172.0|175.0|3.0|1.43|0.41|0.01|0.13|0.06|0.02|Sulphide|Extension|
|JD232|133.0|142.0|9.0|0.40|0.08|0.00|0.15|0.06|0.01|Sulphide|Infill|

----- End of picture text -----

25 Chalice Mining Limited

ASX:CHN OTCQB:CGMLF

==> picture [483 x 712] intentionally omitted <==

----- Start of picture text -----

|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|From|To|Interval|Pd|Pt|Au|Ni|Cu|Co|
|Hole ID|Geology|Type|
|(m)|(m)|(m)|(g/t)|(g/t)|(g/t)|(%)|(%)|(%)|
|JD232|151.5|158.0|6.5|0.50|0.09|0.00|0.18|0.07|0.02|Sulphide|Infill|
|JD232|169.3|176.0|6.7|0.48|0.14|0.06|0.20|0.14|0.02|Sulphide|Infill|
|JD232|291.0|318.0|27.0|0.55|0.12|0.00|0.16|0.03|0.02|Sulphide|Extension|
|JD232|327.0|335.0|8.0|0.43|0.08|0.00|0.17|0.01|0.01|Sulphide|Extension|
|JD232|425.0|434.0|9.0|3.27|0.52|0.31|0.31|0.46|0.02|Sulphide|Extension|
|Incl|429.3|433.0|3.7|7.31|1.16|0.72|0.60|0.97|0.04|Sulphide|Extension|
|JD232|440.0|499.0|59.0|0.62|0.16|0.05|0.15|0.06|0.01|Sulphide|Extension|
|Incl|447.0|450.0|3.0|1.37|0.33|0.04|0.16|0.09|0.02|Sulphide|Extension|
|and|469.0|471.0|2.0|1.09|0.34|0.03|0.18|0.07|0.02|Sulphide|Extension|
|and|495.0|498.1|3.1|0.74|0.14|0.51|0.16|0.21|0.02|Sulphide|Extension|
|JD232|515.0|559.8|44.8|1.65|0.39|0.09|0.13|0.07|0.01|Sulphide|Extension|
|Incl|523.0|537.0|14.0|1.50|0.55|0.15|0.12|0.06|0.01|Sulphide|Extension|
|and|545.0|559.8|14.8|3.01|0.54|0.10|0.15|0.10|0.01|Sulphide|Extension|
|JD234|0.0|28.0|28.0|2.26|0.51|0.04|0.17|0.18|0.06|Oxide|Infill|
|Incl|6.0|26.0|20.0|2.96|0.63|0.05|0.20|0.22|0.08|Oxide|Infill|
|JD234|38.1|82.0|43.9|0.62|0.16|0.01|0.18|0.04|0.02|Sulphide|Infill|
|Incl|56.0|60.0|4.0|1.00|0.29|0.01|0.17|0.12|0.02|Sulphide|Infill|
|and|64.0|69.0|5.0|0.75|0.19|0.01|0.23|0.05|0.02|Sulphide|Infill|
|JD234|90.0|92.0|2.0|0.43|0.13|0.01|0.18|0.01|0.02|Sulphide|Infill|
|JD234|130.7|145.0|14.3|0.89|0.30|0.04|0.11|0.34|0.01|Sulphide|Infill|
|Incl|130.7|133.0|2.3|1.82|0.90|0.05|0.21|0.28|0.02|Sulphide|Infill|
|and|139.1|145.0|5.9|1.20|0.33|0.07|0.10|0.67|0.01|Sulphide|Infill|
|JD234|159.0|169.9|10.9|1.47|0.23|0.34|0.16|0.49|0.02|Sulphide|Infill|
|Incl|159.0|168.2|9.3|1.68|0.26|0.39|0.17|0.52|0.02|Sulphide|Infill|
|JD234|175.0|197.0|22.0|0.94|0.19|0.16|0.12|0.23|0.01|Sulphide|Infill|
|Incl|180.0|189.5|9.5|1.58|0.33|0.35|0.14|0.39|0.02|Sulphide|Infill|
|JD234|202.0|213.0|11.0|1.07|0.27|0.22|0.15|0.33|0.02|Sulphide|Infill|
|Incl|203.2|213.0|9.8|1.14|0.28|0.24|0.16|0.36|0.02|Sulphide|Infill|
|JD234|233.3|242.2|9.0|2.58|0.62|0.15|0.19|0.05|0.02|Sulphide|Infill|
|JRC436|128.0|136.0|8.0|0.45|0.11|0.01|0.13|0.11|0.02|Sulphide|Infill|
|JRC436|145.0|149.0|4.0|0.95|0.22|0.01|0.13|0.08|0.01|Sulphide|Infill|
|Incl|145.0|147.0|2.0|1.13|0.27|0.01|0.14|0.10|0.02|Sulphide|Infill|
|JRC436|157.0|184.0|27.0|0.58|0.14|0.01|0.11|0.09|0.01|Sulphide|Infill|
|Incl|177.0|179.0|2.0|0.87|0.19|0.01|0.15|0.14|0.01|Sulphide|Infill|
|JRC436|187.0|203.0|16.0|0.69|0.14|0.00|0.15|0.07|0.01|Sulphide|Infill|
|JRC436|215.0|246.0|31.0|0.68|0.15|0.00|0.15|0.07|0.01|Sulphide|Infill|
|Incl|233.0|244.0|11.0|0.92|0.21|0.00|0.18|0.08|0.02|Sulphide|Infill|
|JRC436|324.0|338.0|14.0|0.88|0.23|0.01|0.17|0.05|0.02|Sulphide|Infill|
|Incl|324.0|331.0|7.0|1.03|0.31|0.01|0.19|0.07|0.02|Sulphide|Infill|
|JRC437|89.0|101.0|12.0|0.50|0.11|0.01|0.16|0.09|0.02|Sulphide|Infill|
|Incl|96.0|99.0|3.0|0.81|0.17|0.01|0.18|0.09|0.02|Sulphide|Infill|
|JRC437|120.0|126.0|6.0|0.51|0.10|0.00|0.11|0.07|0.01|Sulphide|Infill|

----- End of picture text -----

26 Chalice Mining Limited

ASX:CHN OTCQB:CGMLF

==> picture [483 x 712] intentionally omitted <==

----- Start of picture text -----

|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|From|To|Interval|Pd|Pt|Au|Ni|Cu|Co|
|Hole ID|Geology|Type|
|(m)|(m)|(m)|(g/t)|(g/t)|(g/t)|(%)|(%)|(%)|
|Incl|120.0|122.0|2.0|1.16|0.24|0.01|0.23|0.15|0.02|Sulphide|Infill|
|JRC437|129.0|132.0|3.0|0.73|0.13|0.00|0.15|0.08|0.02|Sulphide|Infill|
|JRC437|149.0|161.0|12.0|0.51|0.11|0.00|0.16|0.03|0.01|Sulphide|Infill|
|JRC437|202.0|247.0|45.0|0.90|0.22|0.00|0.24|0.10|0.02|Sulphide|Infill|
|Incl|209.0|212.0|3.0|0.91|0.22|0.00|0.30|0.19|0.03|Sulphide|Infill|
|and|221.0|232.0|11.0|1.92|0.49|0.01|0.43|0.22|0.03|Sulphide|Infill|
|JRC438|8.0|25.0|17.0|0.68|0.16|0.01|0.14|0.15|0.02|Oxide|Infill|
|Incl|21.0|23.0|2.0|1.07|0.45|0.03|0.12|0.16|0.02|Oxide|Infill|
|JRC439|26.0|32.0|6.0|0.51|0.13|0.06|0.13|0.10|0.03|Oxide|Infill|
|JRC439|99.0|101.0|2.0|0.62|0.10|0.00|0.17|0.09|0.02|Sulphide|Infill|
|JRC439|109.0|218.0|109.0|0.72|0.18|0.00|0.19|0.09|0.02|Sulphide|Infill|
|Incl|110.0|114.0|4.0|0.59|0.11|0.00|0.21|0.16|0.02|Sulphide|Infill|
|and|117.0|121.0|4.0|0.71|0.14|0.01|0.32|0.24|0.03|Sulphide|Infill|
|and|124.0|145.0|21.0|1.07|0.33|0.00|0.20|0.13|0.02|Sulphide|Infill|
|and|150.0|152.0|2.0|0.59|0.14|0.00|0.27|0.17|0.03|Sulphide|Infill|
|and|163.0|165.0|2.0|3.54|0.81|0.01|0.76|0.45|0.07|Sulphide|Infill|
|and|197.0|201.0|4.0|0.95|0.19|0.00|0.16|0.07|0.02|Sulphide|Infill|
|JRC439|238.0|281.0|43.0|1.24|0.30|0.01|0.26|0.08|0.02|Sulphide|Infill|
|Incl|242.0|248.0|6.0|1.33|0.30|0.01|0.32|0.13|0.03|Sulphide|Infill|
|and|252.0|255.0|3.0|1.49|0.33|0.01|0.30|0.15|0.02|Sulphide|Infill|
|and|258.0|267.0|9.0|2.88|0.80|0.01|0.45|0.13|0.04|Sulphide|Infill|
|and|278.0|280.0|2.0|1.32|0.27|0.00|0.32|0.11|0.03|Sulphide|Infill|
|JRC439|307.0|338.0|31.0|1.65|0.42|0.01|0.19|0.11|0.02|Sulphide|Infill|
|Incl|307.0|313.0|6.0|1.50|0.26|0.01|0.19|0.07|0.02|Sulphide|Infill|
|and|323.0|337.0|14.0|2.57|0.71|0.01|0.28|0.18|0.03|Sulphide|Infill|
|JRC439|346.0|354.0|8.0|1.50|0.36|0.02|0.20|0.13|0.02|Sulphide|Infill|
|Incl|346.0|351.0|5.0|2.07|0.50|0.02|0.24|0.17|0.02|Sulphide|Infill|
|JRC440D|29.0|47.0|18.0|0.64|0.12|0.01|0.17|0.05|0.02|Sulphide|Infill|
|JRC441|12.0|23.0|11.0|0.82|0.11|0.02|0.08|0.13|0.01|Oxide|Infill|
|Incl|13.0|20.0|7.0|1.05|0.14|0.02|0.10|0.15|0.01|Oxide|Infill|
|JRC442|55.0|137.0|82.0|0.74|0.17|0.03|0.14|0.14|0.01|Sulphide|Infill|
|Incl|64.0|66.0|2.0|0.77|0.18|0.02|0.15|0.46|0.02|Sulphide|Infill|
|and|73.0|81.0|8.0|1.01|0.24|0.04|0.13|0.10|0.01|Sulphide|Infill|
|and|90.0|92.0|2.0|0.88|0.19|0.03|0.14|0.18|0.02|Sulphide|Infill|
|and|101.0|106.0|5.0|1.07|0.25|0.04|0.16|0.18|0.01|Sulphide|Infill|
|and|110.0|132.0|22.0|1.05|0.22|0.03|0.17|0.18|0.02|Sulphide|Infill|
|JRC442|175.0|242.0|67.0|0.64|0.12|0.00|0.19|0.06|0.02|Sulphide|Infill|
|Incl|176.0|180.0|4.0|1.00|0.22|0.00|0.16|0.08|0.02|Sulphide|Infill|
|and|213.0|220.0|7.0|1.01|0.18|0.00|0.41|0.27|0.04|Sulphide|Infill|
|and|223.0|228.0|5.0|0.76|0.16|0.00|0.19|0.07|0.02|Sulphide|Infill|
|JRC442|248.0|288.0|40.0|0.46|0.10|0.00|0.15|0.04|0.01|Sulphide|Infill|
|JRC442|293.0|307.0|14.0|1.41|0.61|0.01|0.30|0.13|0.02|Sulphide|Infill|

----- End of picture text -----

27 Chalice Mining Limited

ASX:CHN OTCQB:CGMLF

==> picture [483 x 712] intentionally omitted <==

----- Start of picture text -----

|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|From|To|Interval|Pd|Pt|Au|Ni|Cu|Co|
|Hole ID|Geology|Type|
|(m)|(m)|(m)|(g/t)|(g/t)|(g/t)|(%)|(%)|(%)|
|Incl|293.0|297.0|4.0|2.37|0.58|0.01|0.36|0.13|0.03|Sulphide|Infill|
|and|302.0|307.0|5.0|1.39|1.11|0.01|0.39|0.24|0.03|Sulphide|Infill|
|JRC445|131.0|133.0|2.0|0.47|0.12|0.02|0.13|0.06|0.01|Sulphide|Infill|
|JRC445|141.0|150.0|9.0|0.42|0.11|0.02|0.14|0.13|0.02|Sulphide|Infill|
|JRC445|156.0|161.0|5.0|0.26|0.07|0.06|0.13|0.14|0.02|Sulphide|Infill|
|JRC445|171.0|199.0|28.0|0.73|0.17|0.02|0.12|0.09|0.01|Sulphide|Infill|
|Incl|181.0|184.0|3.0|1.64|0.35|0.03|0.15|0.07|0.01|Sulphide|Infill|
|and|192.0|194.0|2.0|1.14|0.26|0.03|0.14|0.18|0.02|Sulphide|Infill|
|JRC445|211.0|255.0|44.0|0.64|0.15|0.01|0.13|0.08|0.01|Sulphide|Extension|
|Incl|229.0|238.0|9.0|0.95|0.20|0.01|0.16|0.13|0.02|Sulphide|Extension|
|JRC445|261.0|270.0|9.0|0.59|0.13|0.00|0.15|0.07|0.01|Sulphide|Extension|
|JRC445|277.0|290.0|13.0|0.56|0.13|0.00|0.15|0.07|0.01|Sulphide|Extension|
|Incl|280.0|284.0|4.0|0.77|0.17|0.00|0.20|0.08|0.02|Sulphide|Extension|
|JRC445|299.0|324.0|25.0|0.77|0.18|0.00|0.17|0.06|0.02|Sulphide|Extension|
|Incl|299.0|309.0|10.0|1.30|0.31|0.00|0.17|0.07|0.02|Sulphide|Extension|
|JRC446|32.0|71.0|39.0|0.39|0.09|0.05|0.13|0.19|0.01|Sulphide|Infill|
|Incl|46.0|48.0|2.0|0.33|0.08|0.23|0.19|0.51|0.02|Sulphide|Infill|
|and|51.0|54.0|3.0|0.92|0.13|0.02|0.14|0.28|0.02|Sulphide|Infill|
|JRC446|111.0|183.0|72.0|0.58|0.13|0.02|0.14|0.10|0.01|Sulphide|Infill|
|Incl|119.0|121.0|2.0|0.83|0.18|0.02|0.16|0.15|0.02|Sulphide|Infill|
|and|126.0|134.0|8.0|0.93|0.21|0.03|0.16|0.16|0.02|Sulphide|Infill|
|and|150.0|153.0|3.0|0.84|0.18|0.02|0.18|0.18|0.02|Sulphide|Infill|
|and|161.0|163.0|2.0|0.80|0.19|0.01|0.21|0.19|0.02|Sulphide|Infill|
|JRC446|191.0|193.0|2.0|0.54|0.11|0.00|0.18|0.18|0.02|Sulphide|Infill|
|JRC446|224.0|254.0|30.0|0.68|0.17|0.00|0.20|0.05|0.02|Sulphide|Infill|
|Incl|248.0|250.0|2.0|1.79|0.56|0.00|0.55|0.09|0.06|Sulphide|Infill|
|JRC446|264.0|267.0|3.0|0.41|0.09|0.00|0.17|0.03|0.02|Sulphide|Infill|
|JRC446|274.0|307.0|33.0|0.53|0.13|0.00|0.15|0.04|0.01|Sulphide|Infill|
|JRC446|322.0|335.0|13.0|0.59|0.24|0.01|0.14|0.06|0.01|Sulphide|Infill|
|JRC446|345.0|373.0|28.0|1.00|0.20|0.02|0.16|0.16|0.02|Sulphide|Infill|
|Incl|352.0|362.0|10.0|1.35|0.25|0.05|0.17|0.26|0.02|Sulphide|Infill|
|and|365.0|368.0|3.0|1.85|0.42|0.01|0.25|0.28|0.03|Sulphide|Infill|
|JRC447|37.0|43.0|6.0|0.39|0.08|0.09|0.15|0.18|0.02|Sulphide|Infill|
|JRC447|49.0|58.0|9.0|0.38|0.11|0.04|0.13|0.15|0.02|Sulphide|Infill|
|JRC447|75.0|81.0|6.0|0.27|0.07|0.03|0.14|0.20|0.02|Sulphide|Infill|
|Incl|79.0|81.0|2.0|0.35|0.08|0.05|0.18|0.48|0.02|Sulphide|Infill|
|JRC447|89.0|92.0|3.0|0.37|0.09|0.01|0.13|0.12|0.02|Sulphide|Infill|
|JRC447|94.0|114.0|20.0|0.40|0.09|0.01|0.12|0.09|0.01|Sulphide|Infill|
|JRC447|120.0|129.0|9.0|0.57|0.14|0.01|0.12|0.12|0.01|Sulphide|Infill|
|Incl|127.0|129.0|2.0|0.99|0.22|0.02|0.14|0.06|0.02|Sulphide|Infill|
|JRC447|166.0|172.0|6.0|0.51|0.11|0.02|0.11|0.08|0.01|Sulphide|Infill|
|JRC447|174.0|200.0|26.0|0.47|0.10|0.01|0.14|0.07|0.01|Sulphide|Infill|

----- End of picture text -----

28 Chalice Mining Limited

ASX:CHN OTCQB:CGMLF

From To Interval Pd Pt Au Ni Cu Co
Hole ID (m) (m) (m) (g/t) (g/t) (g/t) (%) (%) (%) Geology Type
JRC447 215.0 241.0 26.0 0.50 0.09 0.00 0.15 0.05 0.01 Sulphide Infill
JRC448 60.0 74.0 14.0 0.30 0.08 0.05 0.12 0.26 0.02 Sulphide Infill
Incl 72.0 74.0 2.0 0.27 0.08 0.12 0.17 0.79 0.03 Sulphide Infill
JRC448 80.0 185.0 105.0 0.46 0.11 0.04 0.12 0.13 0.01 Sulphide Infill
Incl 151.0 156.0 5.0 1.05 0.24 0.04 0.14 0.17 0.02 Sulphide Infill
and 180.0 184.0 4.0 0.50 0.10 0.16 0.14 0.37 0.02 Sulphide Infill
JRC448 238.0 268.0 30.0 0.68 0.15 0.00 0.16 0.07 0.01 Sulphide Infill
Incl 238.0 243.0 5.0 1.46 0.30 0.01 0.17 0.01 0.01 Sulphide Infill
and 247.0 249.0 2.0 0.75 0.12 0.00 0.23 0.12 0.02 Sulphide Infill
and 252.0 254.0 2.0 0.51 0.10 0.00 0.14 0.34 0.02 Sulphide Infill
JRC448 273.0 278.0 5.0 0.40 0.09 0.00 0.15 0.08 0.02 Sulphide Infill
JRC449 132.0 135.0 3.0 0.00 -0.01 0.49 0.02 1.12 0.04 Sulphide Extension
JRC457 5.0 24.0 19.0 1.22 0.07 0.03 0.05 0.05 0.01 Oxide Infill
Incl 5.0 13.0 8.0 1.92 0.12 0.03 0.04 0.06 0.00 Oxide Extension
and 16.0 18.0 2.0 1.36 0.06 0.03 0.05 0.06 0.01 Oxide Infill
JRC458 115.0 132.0 17.0 0.77 0.34 0.01 0.09 0.06 0.01 Sulphide Extension
Incl 117.0 120.0 3.0 1.79 0.70 0.03 0.15 0.10 0.01 Sulphide Extension
JRC459 152.0 154.0 2.0 0.65 1.66 0.01 0.03 0.00 0.01 Sulphide Extension
JRC459 163.0 168.0 5.0 1.26 0.54 0.02 0.13 0.11 0.01 Sulphide Extension
Incl 163.0 167.0 4.0 1.41 0.60 0.03 0.14 0.12 0.01 Sulphide Extension
JRC461 203.0 207.0 4.0 0.94 0.39 0.03 0.11 0.14 0.01 Sulphide Extension
Incl 203.0 206.0 3.0 1.06 0.43 0.03 0.13 0.16 0.01 Sulphide Extension
JRC462 14.0 30.0 16.0 0.57 0.17 0.01 0.13 0.09 0.02 Oxide Infill
JRC462 35.0 122.0 87.0 0.89 0.23 0.01 0.23 0.09 0.02 Sulphide Infill
Incl 63.0 65.0 2.0 1.07 0.22 0.00 0.16 0.03 0.01 Sulphide Infill
and 77.0 81.0 4.0 0.95 1.11 0.06 0.28 0.06 0.03 Sulphide Infill
and 93.0 106.0 13.0 1.84 0.33 0.01 0.36 0.22 0.03 Sulphide Infill
and 111.0 114.0 3.0 4.50 1.18 0.03 1.31 0.54 0.09 Sulphide Infill
JRC462 132.0 201.0 69.0 0.85 0.29 0.01 0.16 0.06 0.02 Sulphide Infill
Incl 146.0 157.0 11.0 1.12 0.25 0.00 0.19 0.08 0.02 Sulphide Infill
and 180.0 190.0 10.0 2.09 1.13 0.01 0.25 0.09 0.02 Sulphide Infill
and 195.0 198.0 3.0 0.89 0.23 0.01 0.14 0.18 0.02 Sulphide Infill
JRC462 224.0 229.0 5.0 0.96 0.20 0.01 0.14 0.08 0.02 Sulphide Extension
Incl 227.0 229.0 2.0 1.33 0.27 0.01 0.17 0.13 0.02 Sulphide Extension
JRC462 248.0 250.0 2.0 0.59 0.14 0.01 0.11 0.03 0.01 Sulphide Extension

Extension = Intersection outside Resource pit shell. Infill = Intersection within Resource pit shell

Table 2. New drill hole collar, survey data and assaying status – Gonneville.

Hole ID
Type
Easting
(m)
Northing
(m)
RL
(m)
Depth
(m)
Survey
type
Azi
(°)
Dip
(°)
Assay status
JD182
Core
424849 6513318 268 603.7 GPS-RTK 90 -60 Reported
JD183
Core
425672 6513038 247 156.4 GPS-RTK 90 -60 Reported

29 Chalice Mining Limited

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==> picture [483 x 712] intentionally omitted <==

----- Start of picture text -----

|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Easting|Northing|RL|Depth|Survey|Azi|Dip|
|Hole ID|Type|Assay status|
|(m)|(m)|(m)|(m)|type|(°)|(°)|
|JD184|Core|425708|6513036|247|99.0|GPS-RTK|89|-61|Reported - NSA|
|JD185|Core|425755|6513031|246|99.4|GPS-RTK|89|-61|Reported - NSA|
|JD186|Core|425799|6513037|245|99.5|GPS-RTK|89|-61|Reported - NSA|
|JD187|Core|425050|6511830|234|282.8|GPS-RTK|87|-61|Reported - NSA|
|JD188|Core|425672|6512954|248|187.4|GPS-RTK|89|-60|Reported|
|JD189|Core|425707|6512962|247|174.4|GPS-RTK|89|-61|Reported|
|JD190|Core|425745|6512958|247|159.4|GPS-RTK|91|-61|Reported - NSA|
|JD191|Core|425775|6512951|246|99.4|GPS-RTK|89|-61|Reported - NSA|
|JD192|Core|424938|6512281|234|44.5|GPS-RTK|89|-71|Reported|
|JD193|Core|425097|6512178|231|291.5|GPS-RTK|90|-60|Reported|
|JD194|Core|425281|6513112|261|364.0|GPS-RTK|91|-60|Reported|
|JD195|Core|426120|6513148|238|222.4|GPS-RTK|131|-60|Reported - NSA|
|JD196|Core|425540|6512652|250|246.4|GPS-RTK|94|-59|Reported|
|JD197|Core|424938|6512281|234|460.2|GPS-RTK|89|-70|Reported|
|JD198|Core|425062|6512177|232|312.0|GPS-RTK|90|-60|Reported|
|JD199|Core|425284|6513158|260|354.4|GPS-RTK|89|-60|Reported|
|JD200|Core|425170|6513377|262|354.8|GPS-RTK|89|-60|Reported|
|JD201|Core|424903|6512279|234|490.7|GPS-RTK|88|-71|Reported|
|JD202|Core|425007|6512166|232|369.7|GPS-RTK|88|-60|Reported|
|JD203|Core|425184|6512164|231|252.4|GPS-RTK|88|-61|Reported|
|JD204|Core|424869|6512281|234|564.0|GPS-RTK|89|-72|Reported|
|JD205|Core|425336|6513158|259|291.3|GPS-RTK|91|-64|Reported|
|JD206|Core|426203|6513292|249|129.4|GPS-RTK|90|-61|Reported - NSA|
|JD207|Core|426207|6513197|242|150.4|GPS-RTK|89|-61|Reported - NSA|
|JD208|Core|424979|6512172|233|363.6|GPS|90|-61|Reported|
|JD209|Core|425372|6513157|258|285.4|GPS-RTK|89|-61|Reported|
|JD210|Core|425075|6512783|258|246.4|GPS-RTK|90|-61|Reported|
|JD212|Core|425007|6512129|232|314.3|GPS-RTK|89|-60|Reported|
|JD213|Core|425124|6512779|257|297.4|GPS-RTK|86|-61|Reported|
|JD214|Core|424692|6513586|272|294.4|GPS-RTK|89|-60|Reported|
|JD215|Core|424791|6513532|273|279.4|GPS-RTK|90|-60|Reported|
|JD216|Core|425510|6513156|252|285.9|GPS-RTK|88|-66|Reported|
|JD217|Core|425160|6512782|257|312.4|GPS-RTK|90|-61|Reported|
|JD218|Core|425014|6512242|234|330.9|GPS-RTK|89|-61|Reported|
|JD219|Core|425552|6513112|252|234.8|GPS-RTK|89|-60|Reported|
|JD220|Core|424575|6512900|251|877.7|GPS|123|-58|Reported|
|JD220W1|Core|424575|6512900|251|880.2|GPS|123|-58|Assays pending|
|JD220W2|Core|424575|6512900|251|744.1|GPS|123|-58|Assays pending|
|JD221|Core|425532|6512394|245|147.4|GPS-RTK|94|-61|Reported|
|JD222|Core|425502|6512395|246|141.4|GPS-RTK|88|-63|Reported|
|JD223|Core|424695|6513520|274|348.4|GPS|89|-61|Reported - NSA|
|JD224|Core|425264|6513170|260|372.8|GPS-RTK|95|-64|Reported|

----- End of picture text -----

30 Chalice Mining Limited

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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Easting|Northing|RL|Depth|Survey|Azi|Dip|
|Hole ID|Type|Assay status|
|(m)|(m)|(m)|(m)|type|(°)|(°)|
|JD225|Core|425200|6512956|265|573.8|GPS-RTK|88|-64|Reported|
|JD226|Core|425242|6512864|263|468.4|GPS-RTK|89|-60|Reported|
|JD227|Core|425199|6512860|263|501.4|GPS-RTK|90|-61|Reported|
|JD228|Core|425445|6513167|255|246.2|GPS-RTK|90|-60|Reported|
|JD229|Core|425405|6513167|257|387.4|GPS-RTK|94|-60|Reported|
|JD230|Core|425526|6513278|248|249.8|GPS-RTK|89|-60|Reported|
|JD231|Core|425527|6513354|247|258.8|GPS-RTK|90|-60|Reported|
|JD232|Core|425161|6513116|262|693.8|GPS-RTK|89|-61|Reported|
|JD234|Core|425098|6512178|231|270.4|GPS-RTK|88|-50|Reported|
|JRC436|RC|425198|6513115|262|354.0|GPS-RTK|89|-61|Reported|
|JRC437|RC|425321|6513029|262|272.0|GPS-RTK|89|-60|Reported|
|JRC438|RC|425614|6513483|246|180.0|GPS-RTK|92|-59|Reported|
|JRC439|RC|425283|6513029|263|354.0|GPS-RTK|92|-60|Reported|
|JRC440D|RC-Core|425571|6513479|247|183.8|GPS|86|-60|Reported|
|JRC441|RC|425653|6513560|247|100.0|GPS-RTK|91|-60|Reported|
|JRC442|RC|425238|6513032|263|350.0|GPS-RTK|90|-60|Reported|
|JRC443|RC|425757|6513124|248|120.0|GPS-RTK|92|-60|Reported - NSA|
|JRC444|RC|425803|6513112|246|120.0|GPS-RTK|98|-60|Reported - NSA|
|JRC445|RC|425034|6513037|267|324.0|GPS-RTK|89|-60|Reported|
|JRC446|RC|425202|6513029|264|381.0|GPS-RTK|90|-59|Reported|
|JRC447|RC|425162|6513030|265|253.0|GPS-RTK|90|-60|Reported|
|JRC448|RC|425123|6513031|265|279.0|GPS-RTK|90|-60|Reported|
|JRC449|RC|425951|6513468|243|147.0|GPS-RTK|66|-65|Reported|
|JRC450|RC|425918|6512899|243|81.0|GPS-RTK|93|-63|Reported - NSA|
|JRC451|RC|425876|6512899|244|120.0|GPS-RTK|89|-61|Reported - NSA|
|JRC452|RC|425881|6512859|245|129.0|GPS-RTK|89|-60|Reported - NSA|
|JRC453|RC|425920|6512819|244|120.0|GPS-RTK|88|-59|Reported - NSA|
|JRC454|RC|425880|6512820|245|120.0|GPS-RTK|91|-61|Reported - NSA|
|JRC455|RC|425841|6512738|247|120.0|GPS-RTK|92|-61|Reported - NSA|
|JRC456|RC|425798|6512752|247|120.0|GPS-RTK|102|-61|Reported - NSA|
|JRC457|RC|425755|6512710|247|120.0|GPS-RTK|103|-61|Reported|
|JRC458|RC|424926|6513151|266|291.0|GPS-RTK|90|-61|Reported|
|JRC459|RC|424869|6513159|266|231.0|GPS-RTK|93|-56|Reported|
|JRC460|RC|424847|6513160|266|291.0|GPS-RTK|91|-60|Reported - NSA|
|JRC461|RC|424807|6513164|266|307.0|GPS-RTK|90|-60|Reported|
|JRC462|RC|425475|6513122|255|250.0|GPS-RTK|85|-60|Reported|
|NSA = No significant assay|

----- End of picture text -----

Table 3. New drill hole collar, and survey data and assaying status – Hartog.

==> picture [483 x 43] intentionally omitted <==

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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Easting|Northing|RL|Depth|Survey|Azi|Dip|
|Hole ID|Type|Assay status|
|(m)|(m)|(m)|(m)|type|(°)|(°)|
|HD001|Core|425779|6515239|325|264.9|GPS|268|-67|Assays pending|

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==> picture [483 x 76] intentionally omitted <==

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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Easting|Northing|RL|Depth|Survey|Azi|Dip|
|Hole ID|Type|Assay status|
|(m)|(m)|(m)|(m)|type|(°)|(°)|
|HD002|Core|425530|6516822|294|597.4|GPS|110|-60|Assays pending|
|HD003|Core|425180|6514985|295|441.4|GPS|30|-55|Assays pending|
|HD004|Core|424955|6515020|277|468.4|GPS|65|-50|Assays pending|

----- End of picture text -----

Table 4. New AC drill hole collar, survey data and max metal assay – Torres.

==> picture [483 x 603] intentionally omitted <==

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|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Max Ni|Max|Max|Max|Max|
|Easting|Northing|RL|Depth|Survey|Azi|Dip|
|Hole ID|Type|(ppm)|Cu|Pd|Pt|Au|
|(m)|(m)|(m)|(m)|type|(°)|(°)|
|(ppm)|(ppb)|(ppb)|(ppb)|
|TAC0001|AC|439130|6531300|319|14|GPS|360|-90|60|140|1|<5|1|
|TAC0002|AC|439330|6531300|317|32|GPS|360|-90|90|320|2|<5|<1|
|TAC0003|AC|439030|6531500|313|16|GPS|360|-90|150|90|2|<5|1|
|TAC0004|AC|439130|6531500|310|11|GPS|360|-90|70|20|<1|<5|<1|
|TAC0005|AC|439230|6531500|309|22|GPS|360|-90|60|160|6|<5|<1|
|TAC0006|AC|439330|6531500|309|40|GPS|360|-90|160|250|147|154|3|
|TAC0007|AC|439430|6531500|311|38|GPS|360|-90|250|250|6|<5|4|
|TAC0008|AC|439530|6531500|315|33|GPS|360|-90|Assays pending|
|TAC0009|AC|439630|6531500|319|26|GPS|360|-90|690|730|14|12|10|
|TAC0010|AC|439730|6531500|323|34|GPS|360|-90|Assays pending|
|TAC0011|AC|438924|6531700|323|35|GPS|360|-90|100|230|13|8|6|
|TAC0012|AC|439130|6531700|316|25|GPS|360|-90|110|350|30|10|4|
|TAC0013|AC|439230|6531700|311|21|GPS|360|-90|40|50|4|<5|1|
|TAC0014|AC|439430|6531700|302|29|GPS|360|-90|90|60|3|<5|<1|
|TAC0015|AC|439530|6531700|305|28|GPS|360|-90|130|70|4|<5|2|
|TAC0016|AC|439630|6531700|308|39|GPS|360|-90|Assays pending|
|TAC0017|AC|439730|6531700|311|15|GPS|360|-90|70|330|17|8|4|
|TAC0018|AC|438825|6531900|319|33|GPS|360|-90|120|380|1|<5|8|
|TAC0019|AC|438930|6531900|319|41|GPS|360|-90|100|190|<1|<5|<1|
|TAC0020|AC|439030|6531900|318|13|GPS|360|-90|60|430|3|6|<1|
|TAC0021|AC|439255|6531900|310|12|GPS|360|-90|20|50|2|<5|5|
|TAC0022|AC|439330|6531900|303|42|GPS|360|-90|60|40|3|<5|1|
|TAC0023|AC|439430|6531900|299|20|GPS|360|-90|60|30|8|<5|4|
|TAC0024|AC|439630|6531900|299|30|GPS|360|-90|100|150|3|<5|1|
|TAC0025|AC|439730|6531900|303|19|GPS|360|-90|110|120|25|7|5|
|TAC0026|AC|438750|6532060|313|26|GPS|360|-90|60|100|<1|<5|<1|
|TAC0027|AC|438830|6532060|313|24|GPS|360|-90|160|150|<1|<5|<1|
|TAC0028|AC|438930|6532060|312|16|GPS|360|-90|130|230|<1|<5|<1|
|TAC0029|AC|439030|6532060|310|24|GPS|360|-90|100|290|1|<5|<1|
|TAC0030|AC|439130|6532060|308|8|GPS|360|-90|60|190|1|<5|2|
|TAC0031|AC|439230|6532060|305|40|GPS|360|-90|80|70|1|<5|<1|
|TAC0032|AC|439330|6532060|301|28|GPS|360|-90|40|40|2|<5|<1|
|TAC0033|AC|439430|6532060|297|31|GPS|360|-90|60|40|1|<5|1|
|TAC0034|AC|439505|6532060|296|12|GPS|360|-90|500|120|11|8|6|
|TAC0035|AC|439640|6532060|295|28|GPS|360|-90|120|90|2|<5|<1|

----- End of picture text -----

32 Chalice Mining Limited

ASX:CHN OTCQB:CGMLF

Hole ID Type Easting
(m)
Northing
(m)
RL
(m)
Depth
(m)
Survey
type
Azi
(°)
Dip
(°)
Max Ni
(ppm)

Max
Cu
(ppm)
Max
Pd
(ppb)
Max
Pt
(ppb)
Max
Au
(ppb)
TAC0036 AC 439730 6532100 297 19 GPS 360 -90 150 50 3 <5 3
TAC0037 AC 438630 6532300 320 26 GPS 360 -90 60 130 1 <5 <1
TAC0038 AC 438730 6532300 321 36 GPS 360 -90 750 150 11 13 1
TAC0039 AC 438830 6532345 322 24 GPS 360 -90 1350 520 13 8 5
TAC0040 AC 438965 6532300 317 33 GPS 360 -90 1090 100 10 11 2
TAC0041 AC 439030 6532300 314 15 GPS 360 -90 160 180 9 7 1
TAC0042 AC 439130 6532300 309 15 GPS 360 -90 30 50 2 <5 <1
TAC0043 AC 439230 6532300 304 20 GPS 360 -90 120 40 1 <5 2
TAC0044 AC 439330 6532300 298 32 GPS 360 -90 210 30 3 <5 1
TAC0045 AC 439430 6532300 294 25 GPS 360 -90 930 70 8 8 2
TAC0046 AC 439530 6532280 291 10 GPS 360 -90 120 70 2 <5 2
TAC0047 AC 439630 6532260 291 18 GPS 360 -90 240 130 5 <5 2
TAC0048 AC 439750 6532260 291 7 GPS 360 -90 680 70 5 <5 <1
TAC0049 AC 438530 6532500 328 36 GPS 360 -90 60 20 <1 <5 1
TAC0050 AC 438630 6532500 327 22 GPS 360 -90 40 90 <1 <5 1
TAC0051 AC 438730 6532500 324 41 GPS 360 -90 100 130 3 9 2
TAC0052 AC 438830 6532500 321 20 GPS 360 -90 90 190 4 <5 5
TAC0053 AC 438930 6532500 317 17 GPS 360 -90 90 200 <1 <5 <1
TAC0054 AC 439020 6532500 314 15 GPS 360 -90 170 100 2 <5 1
TAC0055 AC 439130 6532500 305 25 GPS 360 -90 490 460 9 7 8
TAC0056 AC 439230 6532500 301 4 GPS 360 -90 1060 200 3 <5 1
TAC0057 AC 439310 6532500 300 24 GPS 360 -90 190 40 2 <5 5
TAC0058 AC 439450 6532500 296 31 GPS 360 -90 320 110 6 <5 4
TAC0059 AC 439530 6532500 296 27 GPS 360 -90 70 180 2 <5 1
TAC0060 AC 439630 6532500 294 21 GPS 360 -90 120 60 4 <5 3
TAC0061 AC 439730 6532500 291 25 GPS 360 -90 Assays pending
TAC0062 AC 438830 6532700 316 20 GPS 360 -90 1210 190 5 <5 2
TAC0063 AC 438930 6532700 309 25 GPS 360 -90 70 100 <1 <5 2
TAC0064 AC 439030 6532700 306 24 GPS 360 -90 610 220 4 7 1
TAC0065 AC 439130 6532700 305 31 GPS 360 -90 200 300 7 5 5
TAC0066 AC 439330 6532700 305 26 GPS 360 -90 1040 210 5 <5 2
TAC0067 AC 439460 6532700 305 13 GPS 360 -90 20 20 1 <5 1
TAC0068 AC 439530 6532700 305 16 GPS 360 -90 20 30 1 <5 1
TAC0069 AC 439630 6532700 303 27 GPS 360 -90 120 210 20 8 6
TAC0070 AC 439730 6532700 301 25 GPS 360 -90 120 280 20 21 2
TAC0071 AC 439280 6532900 319 19 GPS 360 -90 20 20 1 <5 2
TAC0072 AC 439330 6532900 318 5 GPS 360 -90 10 10 1 <5 1
TAC0073 AC 439430 6532900 318 19 GPS 360 -90 40 10 2 <5 2
TAC0074 AC 439530 6532900 319 34 GPS 360 -90 210 50 10 7 2
TAC0075 AC 439630 6532900 316 47 GPS 360 -90 110 30 10 6 7
TAC0076 AC 439730 6532900 313 23 GPS 360 -90 40 130 2 <5 1
TAC0077 AC 439630 6533100 318 23 GPS 360 -90 20 20 1 <5 1

33 Chalice Mining Limited

ASX:CHN OTCQB:CGMLF

Hole ID Type Easting
(m)
Northing
(m)
RL
(m)
Depth
(m)
Survey
type
Azi
(°)
Dip
(°)
Max Ni
(ppm)
Max
Cu
(ppm)
Max
Pd
(ppb)
Max
Pt
(ppb)
Max
Au
(ppb)
TAC0078 AC 439730 6533100 315 34 GPS 360 -90 70 380 2 <5 4

34 Chalice Mining Limited

ASX:CHN OTCQB:CGMLF

Appendix B Resource Table

Table 5. Gonneville Maiden Mineral Resource Estimate (JORC Code 2012), 9 November 2021.

Domain
Cut-off
Grade
Category Mass Grade Contained Metal
(Mt) Pd
(g/t)
Pt
(g/t)
Au
(g/t)
Ni
(%)
Cu
(%)
Co
(%)
NiEq
(%)
PdEq
(g/t)
Pd
(Moz)
Pt
(Moz)
Au
(Moz)
Ni
(kt)
Cu
(kt)
Co
(kt)
NiEq
(kt)
PdEq
(Moz)
Oxide
0.9g/t
Pd
Indicated
Inferred 8.8 1.8
0.06
1.9 0.51
0.02
0.52
Subtotal 8.8 1.8
0.06
1.9 0.51
0.02
0.52
Indicated 7.7 0.68
0.16
0.03
0.18
0.11
0.019
0.60
1.6
0.17
0.04
0.01
14
8.1
1.5
46
0.40
Sulphide
0.4%
Inferred 8.0 0.97
0.25
0.03
0.17
0.14
0.029
0.79
2.1
0.25
0.06
0.01
14
11
2.3
63
0.55
(Transitional)
NiEq
Subtotal 16 0.83
0.20
0.03
0.18
0.12
0.024
0.70
1.9
0.42
0.10
0.02
27
19
3.8
110
0.95
Indicated 150 0.74
0.18
0.03
0.16
0.10
0.016
0.61
1.6
3.5
0.82
0.14
240
150
23
890
7.7
Sulphide
0.4%
Inferred 160 0.69
0.16
0.02
0.16
0.10
0.016
0.58
1.6
3.6
0.82
0.12
270
160
26
940
8.2
(Fresh)
NiEq
Subtotal 310 0.72
0.17
0.03
0.16
0.10
0.016
0.59
1.6
7.1
1.6
0.26
510
310
49
1,800
16
Indicated 150 0.74
0.17
0.03
0.17
0.10
0.016
0.61
1.6
3.7
0.86
0.15
250
160
25
930
8.1
All Inferred 180 0.76
0.15
0.03
0.16
0.09
0.016
0.56
1.6
4.4
0.89
0.15
280
170
28
1,000
9.3
Total 330 0.75
0.16
0.03
0.16
0.10
0.016
0.58
1.6
8.1
1.7
0.30
530
330
53
1,900
17

Note some numerical differences may occur due to rounding to 2 significant figures. NiEq (%) = Ni (%) + 0.37 x Pd (g/t) + 0.24 x Pt (g/t) + 0.25 x Au (g/t) + 0.65 x Cu (%) + 3.24 x Co (%). PdEq (g/t) = Pd (g/t) + 0.66 x Pt (g/t) + 0.67 x Au (g/t) + 2.71 x Ni (%) + 1.76 x Cu (%) + 8.78 x Co (%). Includes drill holes drilled up to and including 31 July 2021.

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Table 6. Higher-grade sulphide component of Gonneville Resource, 9 November 2021.

Domain
Cut-off
Grade
Category Mass Grade Contained Metal
(Mt) Pd
(g/t)
Pt
(g/t)
Au
(g/t)
Ni
(%)
Cu
(%)
Co
(%)
NiEq
(%)
PdEq
(g/t)
Pd
(Moz)
Pt
(Moz)
Au
(Moz)
Ni
(kt)
Cu
(kt)
Co
(kt)
NiEq
(kt)
PdEq
(Moz)
High-grade
Sulphide
(Transitional)
0.60%
NiEq
Indicated 1.8 1.2
0.28
0.05
0.27
0.19
0.030
1.0
2.8
0.07
0.02
0
4.9
3.4
0.55
18
0.16
Inferred 3.8 1.5
0.39
0.05
0.21
0.19
0.044
1.1
3.0
0.18
0.05
0.01
7.9
7.2
1.7
42
0.37
Subtotal 5.6 1.4
0.35
0.05
0.23
0.19
0.040
1.1
3.0
0.25
0.06
0.01
13
11
2.2
61
0.53
High-grade
Sulphide (Fresh)
0.60%
NiEq
Indicated 36 1.4
0.35
0.07
0.21
0.21
0.019
1.0
2.8
1.6
0.40
0.08
76
76
6.9
370
3.2
Inferred 32 1.3
0.30
0.06
0.22
0.21
0.019
1.0
2.7
1.4
0.32
0.06
73
67
6.3
320
2.8
Subtotal 68 1.4
0.33
0.06
0.22
0.21
0.019
1.0
2.8
3.0
0.72
0.14
150
140
13
700
6.0
All
0.60%
NiEq
Indicated 38 1.4
0.35
0.07
0.22
0.21
0.020
1.0
2.8
1.7
0.42
0.08
81
80
7.4
390
3.4
Inferred 36 1.4
0.31
0.06
0.22
0.21
0.022
1.0
2.8
1.6
0.36
0.06
80
74
8.0
370
3.2
Total 74 1.4
0.33
0.06
0.22
0.21
0.021
1.0
2.8
3.3
0.78
0.15
160
150
15
760
6.6

Note some numerical differences may occur due to rounding to 2 significant figures. This higher-grade component is contained within the reported global Mineral Resource. NiEq (%) = Ni (%) + 0.37 x Pd (g/t) + 0.24 x Pt (g/t) + 0.25 x Au (g/t) + 0.65 x Cu (%) + 3.24 x Co (%). PdEq (g/t) = Pd (g/t) + 0.66 x Pt (g/t) + 0.67 x Au (g/t) + 2.71 x Ni (%) + 1.76 x Cu (%) + 8.78 x Co (%). Includes drill holes drilled up to and including 31 July 2021.

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Appendix C Metal Equivalents

Sulphide drill intersections are quoted using a nickel equivalent (NiEq) cut-off grade. No metal equivalent is used for the oxide domain.

Based on limited metallurgical testwork completed to date for the sulphide domain, it is the Company’s opinion that all the quoted elements included in metal equivalent calculations (palladium, platinum, gold, nickel, copper and cobalt) have a reasonable potential of being recovered and sold.

Metal equivalents for the sulphide domains are calculated according to the formula below:

  • « NiEq (%) = Ni (%) + 0.37 x Pd (g/t) + 0.24 x Pt (g/t) + 0.25 x Au (g/t) + 0.65 x Cu (%) + 3.24 x Co (%);

Metal recoveries used in the metal equivalent calculations are at the lower end of the range for all metals in the sulphide domain based on limited metallurgical testwork (refer to ASX Announcement on 28 September 2021). Metal recoveries used in the metal equivalent calculations are listed below:

  • « Pd – 75%, Pt – 65%, Au – 50%, Ni – 60%, Cu – 80%, Co – 60%.

Metal prices used are:

  • « Pd – US$1,700/oz,

  • « Pt – US$1,300/oz,

  • « Au – US$1,700/oz,

  • « Ni – US$18,500/t,

  • « Cu – US$9,000/t,

  • « Co – US$60,000/t.

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Appendix D JORC Table 1

D-1 Section 1 Sampling Techniques and Data

Criteria JORC Code explanation
Commentary
Sampling
techniques
Nature and quality of sampling (eg. cut
channels, random chips, or specific
specialised industry standard
measurement tools appropriate to the
minerals under investigation, such as
down hole gamma sondes, or handheld
XRF instruments, etc). These examples
should not be taken as limiting the broad
meaning of sampling.

HQ diamond core was quarter cored
and NQ2 was half cored with samples
taken over selective intervals ranging
from 0.2m to 1.2m (typically 1.0m).

Reverse Circulation (RC) drilling
samples were collected as 1m samples
from a rig mounted cone splitter.

Aircore (AC) samples collected as 4m
composites
Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any
measurement tools or systems used.

Qualitative care taken when sampling
diamond drill core to sample the same
half of the drill core.

For RC, two 1m assay samples were
collected as a split from the rig cyclone
using a cone splitter with the same split
consistently sent to the laboratory for
analysis.

Regional AC samples were collected
as spears through the bag from top to
bottom
Aspects of the determination of
mineralisation that are Material to the
Public Report. In cases where ‘industry
standard’ work has been done this would
be relatively simple (eg. ‘reverse
circulation drilling was used to obtain 1 m
samples from which 3 kg was pulverised
to produce a 30 g charge for fire assay’).
In other cases more explanation may be
required, such as where there is coarse
gold that has inherent sampling problems.
Unusual commodities or mineralisation
types (eg. submarine nodules) may
warrant disclosure of detailed information.

Mineralisation is easily recognised by
the presence of sulphides. In diamond
core sample intervals were selected on
a qualitative assessment of sulphide
content
Drilling
techniques
Drill type (eg. core, reverse circulation,
open-hole hammer, rotary air blast,
auger, Bangka, sonic, etc) and details
(eg. core diameter, triple or standard
tube, depth of diamond tails, face-
sampling bit or other type, whether core is
oriented and if so, by what method, etc).

Drilling has been undertaken by
diamond, Reverse Circulation (RC)
techniques.

Diamond drill core is predominantly HQ
size (63.5mm diameter). Limited NQ2
(47.6mm diameter) drilling has also
been completed. Triple tube has been
used from surface until competent
bedrock and then standard tube
thereafter.

Core orientation is by an ACT Reflex
(ACT II RD) tool

RC Drilling uses a face-sampling
hammer drill bit with a diameter of 5.5
inches (140mm).

Regional drilling was completed with
AC

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Criteria JORC Code explanation
Commentary
Drill sample
recovery
Method of recording and assessing core
and chip sample recoveries and results
assessed.

Individual recoveries of diamond drill
core samples were assessed
quantitively by comparing measured
core length with expected core length
from drillers mark. Generally core
recovery was excellent in fresh rock
and approaching 100%. Core
recovery in oxide material is often poor
due to sample washing out. Core
recovery in the oxide zone averages
60%

Individual recoveries for RC composite
samples were recorded on a
qualitative basis. Sample weights were
observed to be slightly lower through
transported cover whereas drilling
through bedrock yielded samples with
more consistent weights. Two separate
studies were completed where all the
sample was weighed and compared
with the expected weight. These
indicated that as with the diamond
core, sample recovery in the oxide is
moderate and good in the fresh rock.

Individual recoveries for regional AC
samples were recorded on a
qualitative basis.
Measures taken to maximise sample
recovery and ensure representative
nature of the samples.

With diamond drilling triple tube coring
in the oxide zone is undertaken to
improve sample recovery. This results in
better recoveries but recovery is still
only moderate to good.

Diamond core samples were
consistently taken from the same side
of the core and RC samples were
consistently taken from the same split
on the cyclone.

AC drilling was completed to industry
standard with the aim to maximise
recovery using conventional drilling
techniques
Whether a relationship exists between
sample recovery and grade and whether
sample bias may have occurred due to
preferential loss/gain of fine/coarse
material.

There is no evidence of a sample
recovery and grade relationship in
unweathered material.
Logging Whether core and chip samples have
been geologically and geotechnically
logged to a level of detail to support
appropriate Mineral Resource estimation,
mining studies and metallurgical studies.

All drill holes were logged geologically
including, but not limited to;
weathering, regolith, lithology,
structure, texture, alteration and
mineralisation. Logging was at an
appropriate quantitative standard for
infill drilling and resource estimation.
Whether logging is qualitative or
quantitative in nature. Core (or costean,
channel, etc) photography.

Logging is considered qualitative in
nature.

Diamond drill core is photographed
wet before cutting.
The total length and percentage of the
relevant intersections logged.

All holes were geologically logged in
full.

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Criteria JORC Code explanation
Commentary
Sub-sampling
techniques
and sample
preparation
If core, whether cut or sawn and whether
quarter, half or all core taken.

Diamond core was sawn in half and
one-half quartered and sampled over
0.2<1.2m intervals (mostly 1m).
If non-core, whether riffled, tube sampled,
rotary split, etc and whether sampled wet
or dry.

RC assay samples were collected as
two 1m splits from the rig cyclone via a
cone splitter. The cone splitter was
horizontal to ensure sample
representivity. Wet or damp samples
were noted in the sample logging
sheet. A majority of samples were dry.

AC samples were sampled as 4m
composites using a spear sample from
individual samples. Some samples
were wet towards the base of the
holes
For all sample types, the nature, quality
and appropriateness of the sample
preparation technique.

Sample preparation is industry
standard and comprises oven drying,
jaw crushing and pulverising to -75
microns (80% pass).
Quality control procedures adopted for
all sub-sampling stages to maximise
representivity of samples.

Field duplicates were collected from
RC and diamond drilling at an
approximate ratio of one in twenty five.

Diamond drill core field duplicates
collected as ¼ core.

RC Field duplicates were collected
from selected sulphide zones as a
second 1m split directly from the cone
splitter.
Measures taken to ensure that the
sampling is representative of the in-situ
material collected, including for instance
results for field duplicate/second-half
sampling.

In the majority of cases the entire hole
has been sampled and assayed.

Duplicate sample results were
compared with the original sample
results and there is no bias observed in
the data.
Whether sample sizes are appropriate to
the grain size of the material being
sampled.

Drill sample sizes are considered
appropriate for the style of
mineralisation sought and the nature of
the drilling program.
Quality of
assay data
and
laboratory
tests
The nature, quality and appropriateness
of the assaying and laboratory
procedures used and whether the
technique is considered partial or total.

Diamond drill core and RC samples
underwent sample preparation and
geochemical analysis by ALS Perth.
Au-Pt-Pd was analysed by 50g fire
assay fusion with an ICP-AES finish (ALS
Method code PGM-ICP24). A 48-
element suite was analysed by ICP-MS
following a four-acid digest (ALS
method code ME-MS61) for holes up to
and including JD023 and JRC122 and
regional AC. Later RC and diamond
holes were analysed using four-acid
digest for 34 elements (ALS method
code ME-ICP61) including Ag, Al, As,
Ba, Be, Bi, Ca, Cd, Co, Cr, Cu, Fe, Ga,
K, La, Mg, Mn, Mo, Na, Ni, P, Pb, S, Sb,
Sc, Sr, Th, Ti, Tl, U, V, W, Zn, Zr.
Additional ore-grade analysis was
performed as required for elements
reporting outof rangefor Ni, Cr, Cu

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Criteria JORC Code explanation
Commentary
(ALS method code ME-OG-62) and Pd,
Pt (ALS method code PGM-ICP27).

These techniques are considered total
digests.
For geophysical tools, spectrometers,
handheld XRF instruments, etc, the
parameters used in determining the
analysis including instrument make and
model, reading times, calibrations factors
applied and their derivation, etc.

Not applicable as no data from such
tools or instruments are reported
Nature of quality control procedures
adopted (eg. standards, blanks,
duplicates, external laboratory checks)
and whether acceptable levels of
accuracy (ie. lack of bias) and precision
have been established.

Certified analytical standards and
blanks were inserted at appropriate
intervals for diamond, RC and AC drill
samples with an insertion rate of >5%.
Approximately 5% of significant
intercepts were sent for cross
laboratory checks. All QAQC samples
display results within acceptable levels
of accuracy and precision.
Verification of
sampling and
assaying
The verification of significant intersections
by either independent or alternative
company personnel.

Significant drill intersections are
checked by the Project Geologist and
then by the General Manager
Development. Significant intersections
are cross-checked with the logged
geology and drill core after final assays
are received.
The use of twinned holes.

Six sets of twinned holes (RC versus
Diamond) have been drilled to provide
a comparison between
grade/thickness variations over a 5m
separation between drill holes.

Only Palladium assays have been
analysed as part of this twin hole
comparison. Ni and Cu grades are very
low level in the selected holes (~0.1 –
0.2% Ni and <0.1% Cu), so no
meaningful correlation can be
obtained.

Intervals correlate well between holes
although in detail there is variation
between them for higher grade
samples in terms of both location and
grade. However, there is no
discernible grade bias between drill
types.
Documentation of primary data, data
entry procedures, data verification, data
storage (physical and electronic)
protocols.

Primary drill data was collected
digitally using OCRIS software before
being transferred to the master SQL
database.

All procedures including data
collection, verification, uploading to
the database etc are captured in
detailed procedures and summarised
in a single document.
Discuss any adjustment to assay data

No adjustments were made to the lab
reported assay data.
Location of
data points
Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys),trenches,mine workings and

Drill hole collar locations are initially
recorded by Chalice employees using
a handheldGPSwith a +/-3m margin

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Criteria JORC Code explanation
Commentary
other locations used in Mineral Resource
estimation.
of error. Diamond and RC holes at
Gonneville were then picked up with
an RTK-DGPS.

RTK-DGPS collar pick-ups replace
handheld GPS collar pick-ups and
have +/-20 mm margin of error.

Planned and final hole coordinates are
compared after pick up to ensure that
the original target has been tested.
Specification of the grid system used.

The grid system used for the location of
all drill holes is GDA94 - MGA (Zone 50).
Quality and adequacy of topographic
control.

RLs for reported holes were derived
from RTK-DGPS pick-ups.
Data spacing
and
distribution
Data spacing for reporting of Exploration
Results.

RC and diamond drill hole spacing
varies from between 40m x 40 m in the
south to 160m x 80m in the north and
west.

Regional AC holes are spaced at 100m
x 100m or greater
Whether the data spacing and
distribution is sufficient to establish the
degree of geological and grade
continuity appropriate for the Mineral
Resource and Ore Reserve estimation
procedure(s) and classifications applied.

Results from the RC and diamond
drilling to date at Gonneville are
considered sufficient to assume
geological or grade continuity
appropriate for Mineral Resource
estimation procedure(s) and
classifications.

Results from the regional AC drilling to
date are not considered sufficient to
assume geological or grade continuity
appropriate for Mineral Resource
estimation procedure(s) and
classifications.
Whether sample compositing has been
applied.

No compositing undertaken for
diamond drill core or RC samples.

One metre AC samples were
composited to 4m
Orientation of
data in
relation to
geological
structure
Whether the orientation of sampling
achieves unbiased sampling of possible
structures and the extent to which this is
known, considering the deposit type.

RC and Diamond drill holes were
typically oriented within 15° of
orthogonal to the interpreted dip and
strike of the known zone of
mineralisation. However, several holes
were drilled at less optimal azimuths
due to site access constraints or to test
for alternative mineralisation
orientations.

AC drilling is vertical with the primary
aim of the hole to test the oxide
portion of the regolith and provide a
bottom of hole sample in weathered or
fresh rock.
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to
have introduced a sampling bias, this
should be assessed and reported if
material.

The orientation of the drilling is not
considered to have introduced
sampling bias.

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Criteria JORC Code explanation Commentary Commentary
Samples were collected in polyweave
bags either at the drill rig (RC samples)
or at the core cutting facility (diamond
samples). The polyweave bags have
Sample
security
The measures taken to ensure sample
security.
five samples each and are cable tied.
Filled bags were collected into
palletised bulk bags at the field office
and delivered directly from site to ALS
laboratories in Wangara, Perth by a
Chalice contractor several times
weekly.
CSA Global conducted a site visit and
review of the sampling techniques In
July 2021.
Audits or The results of any audits or reviews of SRK completed an independent
reviews sampling techniques and data. assurance review of the Chalice
procedures including documentation
and appropriateness of methods
employed.

D-2 Section 2 Reporting of Exploration Results

Criteria JORC Code explanation
Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number,
location and ownership including
agreements or material issues with third
parties such as joint ventures,
partnerships, overriding royalties, native
title interests, historical sites, wilderness
or national park and environmental
settings.

Exploration activities are ongoing over
E70/5118, 5119 and 5351. The holder
CGM (WA) Pty Ltd is a wholly owned
subsidiary of Chalice Mining Limited

Portions of E70/5119 and 5351 cover
the Julimar State Forest which requires
a conservation management plan
and clearing permits for drilling.
However all the reported drilling is on
private, freehold land.

E70/5119 partially overlaps ML1SA, a
State Agreement covering Bauxite
mineral rights only.

E70/5351 partially overlies the Bindoon
Defence Training Area. Permission to
explore within this area is currently
being sought from the Department of
Defence

There are no known encumbrances
other than the ones noted above.
The security of the tenure held at the
time of reporting along with any known
impediments to obtaining a licence to
operate in the area.

There are no known impediments to
operating on the tenements where
they cover private freehold land.

The tenements are in good standing.
Exploration done
by other parties
Acknowledgment and appraisal of
exploration by other parties.

There is no previous exploration at
Gonneville and only limited
exploration has been completed by
other exploration parties in the vicinity
of the targets identified by Chalice to
date.

Chalice has compiled historical
records dating back to the early
1960’s which indicate only three
genuine explorers in the area,all

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Criteria JORC Code explanation Commentary Commentary
primarily targeting Fe-Ti-V
mineralisation.
Over 1971<1972, Garrick Agnew Pty
Ltd undertook reconnaissance
surface sampling over prominent
aeromagnetic anomalies in a search
for ‘Coates deposit style’ vanadium
mineralisation. Surface sampling
methodology is not described in
detail, nor were analytical methods
specified, with samples analysed for
V2O5, Ni, Cu, Cr, Pb and Zn, results of
which are referred to in this
announcement.
Three diamond holes were completed
by Bestbet Pty Ltd targeting Fe-Ti-V
situated approximately 3km NE of
JRC001. No elevated Ni-Cu-PGE
assays were reported.
Bestbet Pty Ltd undertook 27 stream
sediment samples within E70/5119.
Elevated levels of palladium were
noted in the coarse fraction
(<5mm+2mm) are reported in this
release. Finer fraction samples did not
replicate the coarse fraction results.
A local AMAG survey was flown in
1996 by Alcoa using 200m line
spacing which has been used by
Chalice for targeting purposes.
A local AMAG survey was flown in
1996 by Alcoa using 200m line
spacing which has been used by
Chalice for targeting purposes.
An Alcoa and CRA JV completed
seven diamond holes in the 1970s
targeting a magnetic high to the
north of E70/5119 and the east of
E70/5351testing for vanadium
(Boomer Hill).
The target deposit type is an
orthomagmatic Ni-Cu-PGE sulphide
deposit, within the Yilgarn Craton. The
Geology Deposit type, geological setting and
style of mineralisation.
style of sulphide mineralisation
intersected consists of massive, matrix,
stringer and disseminated sulphides
typical of metamorphosed and
structurally overprinted
orthomagmatic Ni sulphide deposits.
A summary of all information material to
the understanding of the exploration
results including a tabulation of the
following information for all Material drill
holes:
Drill hole
Information
Easting and northing of the drill hole
collar
Provided in body of text.
Elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar
Dip and azimuth of the hole

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Criteria JORC Code explanation
Commentary
Down hole length and interception
depth hole length.
If the exclusion of this information is
justified on the basis that the
information is not Material and this
exclusion does not detract from the
understanding of the report, the
Competent Person should clearly
explain why this is the case.

No material information has been
excluded.
Data
aggregation
methods
In reporting Exploration Results,
weighting averaging techniques,
maximum and/or minimum grade
truncations (eg. cutting of high grades)
and cut-off grades are usually Material
and should be stated.

Significant intercepts are reported
using a >0.5g/t Pd length-weighted
cut off for oxide and >0.4% NiEq
length-weighted cut off for sulphide
material. A maximum of 4m internal
dilution has been applied.
Where aggregate intercepts
incorporate short lengths of high-grade
results and longer lengths of low grade
results, the procedure used for such
aggregation should be stated and
some typical examples of such
aggregations should be shown in detail.

Higher grade intervals are reported
using a >0.9g/t Pd length-weighted
cut off for oxide and >0.6% NiEq
length-weighted cut off. A maximum
of 2m internal dilution has been
applied.
The assumptions used for any reporting
of metal equivalent values should be
clearly stated.

Metal price assumptions used in the
metal equivalent calculations are:
US$1,700/oz Pd, US$1,300/oz Pt,
US$1,700/oz Au, US$18,500/t Ni,
US$9,000/t Cu, US$60,000/t Co.

No metal equivalent calculation is
reported for the oxide material.

Metallurgical recovery assumptions
used in the metal equivalent
calculation for the sulphide (fresh)
material are: Pd – 75%, Pt – 65%, Au –
50%, Ni – 60%, Cu – 80%, Co - 60%.

Hence for the sulphide material NiEq =
Ni % + 0.37x Pd g/t + 0.24 x Pt g/t +
0.25 x Au g/t + 0.65 x Cu % +3.24 x Co
% and PdEq = Pd g/t + 0.66 x Pt g/t +
0.67 x Au g/t + 2.71 x Ni % + 1.76 x Cu
% + 8.78 x Co %.

The volume of transitional material is
small and considered unlikely to
materially affect the overall metal
equivalent calculation.
Relationship
between
mineralisation
widths and
intercept lengths
These relationships are particularly
important in the reporting of Exploration
Results.
If the geometry of the mineralisation
with respect to the drill hole angle is
known, its nature should be reported.

RC and Diamond drill holes were
typically oriented within 15° of
orthogonal to the interpreted dip and
strike of the known zone of
mineralisation. However, several holes
were drilled at less optimal azimuths
due to site access constraints or to
test for alternative mineralisation
orientations.
If it is not known and only the down
hole lengths are reported, there should
be a clear statement to this effect (eg.
‘down hole length, true width not
known’).

All widths are quoted down-hole. True
widths vary depending on the
orientation of the hole and the
orientation of the mineralisation. For
low grade intercepts (> 0.40% NiEq)
truewidthapproximates downhole

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Criteria JORC Code explanation
Commentary
width. For high grade intercepts
(>0.6% NiEq) true width is generally
between 80 and 100% of the
downhole width.
Diagrams Appropriate maps and sections (with
scales) and tabulations of intercepts
should be included for any significant
discovery being reported These should
include, but not be limited to a plan
view of drill hole collar locations and
appropriate sectional views.

Refer to figures in the body of text.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low
and high grades and/or widths should
be practiced to avoid misleading
reporting of Exploration Results.

All holes including those without
significant intercepts have been
reported.
Other
substantive
exploration data
Other exploration data, if meaningful
and material, should be reported
including (but not limited to):
geological observations; geophysical
survey results; geochemical survey
results; bulk samples – size and method
of treatment; metallurgical test results;
bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.

Not applicable. All meaningful data
has been included
Further work The nature and scale of planned further
work (eg. tests for lateral Exts or depth
Exts or large-scale step-out drilling).

Diamond and RC drilling will continue
to test high-priority targets including
EM conductors. Further drilling along
strike and down dip may occur at
these and other targets depending
on results.

Scoping study work has commenced
including additional metallurgical
testwork, mining studies, tailings
studies and waste rock
characterisation etc.
Diagrams clearly highlighting the areas
of possible extensions, including the
main geological interpretations and
future drilling areas, provided this
information is not commercially
sensitive.

Any potential extensions to
mineralisation are shown in the figures
in the body of the text.

46 Chalice Mining Limited

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