Ann: Chalice acquires two prospective vanadium-nickel projects, page-2

Could be useful, one day, but not today I'm thinking...

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Highlights Two prospective exploration projects secured, giving Chalice exposure to the rapidly growingvanadium and nickel markets, where the Company sees exceptional growth potential. Chalice has applied for a suite of Exploration Licences in central Queensland and 80km north-east ofPerth, WA. The Licence Applications include multiple vanadium targets, some of which are also highlyprospective for nickel, copper, Platinum Group Elements (PGE’s) and titanium. The Flinders River Vanadium Project in Queensland consists of nine Licence Applications (2,270km2),surrounding the ~2.6Bt shale-hosted Richmond Vanadium Project, owned by Intermin Resources(ASX: IRC) Vanadium-bearing Toolebuc formation shown to potentially extend over the licence areas, asoutlined by radiometric imagery;o Field work expected to commence once the applications are granted in Q3 2018, includingAircore drilling to define the lateral continuity of the Toolebuc formation. The Julimar Nickel-Vanadium Project located near Perth, WA, consists of two Licence Applications(156km2), covering a 26 x 7km interpreted mafic-ultramafic layered intrusive complex Layered intrusion prospective for both magmatic Nickel-Copper-Platinum Group Elementsand intrusion related vanadium-titanium mineralisation;o Field work expected to commence once applications are granted in Q3 2018, includingground magnetic, gravity and EM geophysics to define drill targets.