Highlights• Two extensive and coherent gold-in-soil anomalies,...

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Highlights• Two extensive and coherent gold-in-soil anomalies, each approximately 12km long, identifiedfrom historical exploration data and now largely validated by Chalice on its 100% owned PyramidHill Gold Project• Anomalies overlie major regional faults which are an important control on the multi-million ouncegold deposits located along strike, such as Bendigo, Ballarat and Castlemaine• Chalice’s tenure in the area now covers ~70km of strike along each of these faults• The anomalies are located within ~30km of the 22Moz Bendigo Goldfield and within ~20km ofCatalyst Metals’ (ASX: CYL) Four Eagles Project, where outstanding shallow gold intercepts wererecently reported• Ground gravity and additional soil geochemistry programs will commence immediately overChalice’s granted tenure, to expand and refine targets for initial Aircore drilling in October 2018,subject to approvals• Victorian Government initiative ‘Gold Undercover’ estimates a potential ~32Moz undiscovered goldendowment in the Bendigo Zone beneath Murray Basin cover, where Chalice now has a groundposition of 3,080km2