Time To Invest

w w w . ch i l e a n m et al s. co m

Disclaimer

Forward Looking Statements

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

w w w . ch i l e a n m et al s. co m

Why Were Different !

1.
2.
3.
4.
5.

Credibility of the Discovery team

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

w w w . ch i l e a n m et al s. co m

Market is Turning

w w w . ch i l e a n m et al s. co m

Experienced Team

Gary Lohman, P.Geo.

VP Exploration

Dr. Chris Hodgson, P. Eng.

w w w . ch i l e a n m et al s. co m

Patrick J Cruickshank, MBA

Chilean Metals, CEO

Ian Pirie,
Ex VP of Projects Inmet Mining

Terry Lynch
Board Chairman

Dr. Tony Belperio,

Executive Director,
Business Development,
Minotaur Exploration
Limited.

Technical Advisory Committee

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

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

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

Executive Director of Business Development for Minotaur Exploration Limited, Australia.
Played a key role in the exploration program that led to the discovery of the Prominent Hill mine, 130
kilometers northeast of Olympic Dam, South Australia.
Awarded the University of Adelaide's Tate Memorial Medal, the Geological Society of Australia's Stillwell
Award in 1993, AMEC's Prospector of the Year (jointly) in 2003.
and received the Bruce Webb Medal by the South Australian Division of the Geological Society of Australia
in 2010 for his contributions to Earth Science. .

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

Served as Vice President of Exploration at International PBX Ventures Ltd until April 6, 2016.
Previous positions included Chief Geologist Amax Exploration, Vice President of Exploration of Canamax
Resources, Exploration Manager Canada Tungsten and Minera Inmet (Chile).
Mr. Hodgson is credited with the early recognition of the Santo Domingo IOCG (iron oxide-copper-gold)
deposit in Chile.
Ian Pirie
Senior mining executive who held various positions including General Manager, Latin America for Inmet
Mining Corporation.
Responsible for the acquisition and development of the Antamina project, Peru.
Responsible for the development of Cobre Las Cruces in Spain and the Cobre Panama project in Panama.

w w w . ch i l e a n m et al s. co m

Zulema Location

w w w . ch i l e a n m et al s. co m

Candelaria is the Model

Candelaria is huge and profitable. It is the worlds second largest

IOCG deposit1 (after Olympic Dam, Australia). Pre-mining reserves at
Candelaria were 600Mt @0.95% Cu, 0.22 g/t Au, 3.1 g/t Ag2.

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

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

siliceous hornfels and calc-silicate skarn.

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

and mantos.

1. Iron-oxide-copper-gold

w w w . ch i l e a n m et al s. co m

2. Wikipedia

Zulema: Exploration Targets

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

Target #2: IP Anomaly

w w w . ch i l e a n m et al s. co m

Target One

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

Skarned hydrothermal breccia

w w w . ch i l e a n m et al s. co m

Target 1: Garnet-scapolite
stockwork

w w w . ch i l e a n m et al s. co m

A well-mineralized System
Work by previous operators identified a
small but intense IP chargeability and
coincident magnetic anomaly at the
southern limit of the skarn zone recently
identified by CMX.

Drill holes encountered copper and gold

in stockworks at depth. The best
intercept was 22.7 metres grading 0.45%
Cu, 0.11 gpt Au.

w w w . ch i l e a n m et al s. co m

Target 1: Reduced to pole mag anomaly

Reduced to pole magnetic

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

Boundary of skarn
alteration zone

w w w . ch i l e a n m et al s. co m

Blue circles are 2003 drill

holes.
Red circles are proposed
drill holes.

Target 1: IP Chargeability

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

Boundary of skarn
alteration zone

Squares are 500 x

500m.
Blue dots are
previous drill holes.
Red dots are
proposed drill holes.

w w w . ch i l e a n m et al s. co m

Target 2: under the dunes

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

March 2014
w w w . ch i l e a n m et al s. co m

Target 2: IP Chargeability Anomaly

Large, untested IP
anomaly (plan at
200m depth) in an
area of wind-blown
sands.
Squares are 500 x
500m.

w w w . ch i l e a n m et al s. co m

Exploration Plans
UPCOMING EXPLORATION AT ZULEMA
2016: Phase I
Q4 2016: Finalize all permits and site preparation on Zulema
2017: Phase I Completed
Q1 2017: Complete initial test of Zulema 2000 Metres+ Core Drilling
2017: Phase II
Q1 2017: A success-contingent phase-two drill program to establish a 43101-compliant resource for Zulema

w w w . ch i l e a n m et al s. co m

Bass River JV

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

Received 100,000 shares in Tejas ($25,000 Value) + $25,000 Cash
Commitment to fund $400,000 in expenditures to drill target
Plan is to conduct Pulse EM in Q1, Minotaur evaluates.
Drill targets establishes and drilling commences Q2
Tejas earns 35% for spending $400,000. Bonus of 5% if drilling happens
before Q2 expires.
Chilean is Operator and receives $5k a month management fee commencing
January for duration of campaign. (Separate from the $400k)
Target is largest IP Anomaly seen in NS after spending $10 million on regional
exploration program.
System mineralized with Lead, Zinc & Silver at depth. Copper Gold at Surface

w w w . ch i l e a n m et al s. co m

Bass River: Castlereagh VTEM

w w w . ch i l e a n m et al s. co m

Nova Scotia Projects

w w w . ch i l e a n m et al s. co m

Nova Scotia Exploration

Projects are located along the Cobequid Chedabucto Fault Zone

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

w w w . ch i l e a n m et al s. co m

Royalty Hedge

Chilean Metals Inc. (CMX) sold its Copaquire property to Teck & CMX retains a
3% net smelter return royalty on production.
Teck can buy back 1% NSR for CAD $3,000,000 (leaving CMX with a 2% NSR).
Tecks adjoining Quebrada Blanca mine will deplete its resource of leachable
ore by 2019 at current production and resource levels (Teck website).
Teck is exploring on site 2016-17
Tecks 2013 sales at Quebrada Blanca mine were CAD $375 million1.
Inferred mineral resource at Sulfato South are summarized below. (Charchaflie
and Jaramillo, NI43-101, 2012).

1. Teck annual report, Dec 2014

w w w . ch i l e a n m et al s. co m

Copaquire - Location

Copaquire

Collahuasi
Mine: 9.55
BT @ 0.82%
Cu2.

Quebrada
Blanca Mine:
1.03 BT @ 0.5%
Cu1.

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

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

w w w . ch i l e a n m et al s. co m

1.

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

2.

Collahuasi supergene resources according to 24hgold.com website.

Strategy - Execution

Objective
1. Drill High Impact lower risk 100% owned targets 1.
with a view to discovery of resource that we
would develop through Pre Feasibility unless we
received a Pre Feasibility value offer in
Discovery cycle.
2.
2. Farm out High Impact medium risk projects.
Operate exploration program.
3.
3. Optimize Copaquire Royalty
4. Build a sustainable IR plan to insure market is
4.
aware of our plans and progress.
5.
5. Leverage our exploration and deal generation
skills into multiple opportunities for our
shareholders to benefit from impact Discoveries

w w w . ch i l e a n m et al s. co m

CMX- Next Steps

Zulema Q4/Q1 Drill Program

Bass River November farm out, TDO, Palo

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

Capital Structure
MARKET INFORMATION
As of November 16th, 2016:
Total Shares Issued: 71,433,285
Fully Diluted:
80,182,562
Warrants Issued:
1,899,277
Options Issued:
6,850,000

52 Week Low: $0.015

52 Week High: $0.30

Exchange Market Traded:

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

w w w . ch i l e a n m et al s. co m