Exploration With A Royalty Hedge - Chilean Metalschileanmetals.com/wp-content/uploads/2018/05/CMX-May...Operating costs of $12.78 per tonne/per year QB 2 is targeted to go into production

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Exploration With A Royalty Hedge

TSXV:CMX chileanmetals.com

Disclaimer

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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.


Who We Are? Copper,Gold & Cobalt Explorer

Teck Royalty

Bass River 2

3

Chile

Tierra de Oro

Zulema Bass River 1

Fox River

Lynn

Nova Scotia


Why Invest Now?

Parent Co. With Royalty and NS

Exploration & all Chile Bass River

Probability Teck Royalty Activated

Multiple Exploration Companies

4

Lean Overhead Focused & Funded

Stock Stabilized Now Funded Events Can Drive Valuation

Massive PEM Target New Cobalt Target


Capital Structure

Market Information (Projected of April 30, 2018)

Total Shares Issued 22,709,014

Fully Diluted 25,913,139

Warrants Issued 2,041,375

Options Issued 1,162,500

52 Week Low $0.16

52 Week High $0.64

Exchange Market Traded

Toronto (TSX-V) Symbol “CMX”

Santiago (SSE) Symbol “CMX”

USA (OTCQB) Symbol “CMETF”

MILA Symbol “CMX”

FRA Symbol “IVV1”

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Current Offering

Structure: Unit offering comprised of 1 Share and 1 full warrant.

Unit Price: $.12

Warrant Price: $.18

Warrant Term: 5 Years non callable

Investment: Minimum $5,000

Offering Up to 12,500,000 Units

Eligibility: Shareholders of record May 7 & usual exemptions

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The 2018 Business Plan

1. Communicate, Preserve & Optimize Teck Royalty Value

2. Enhance GeoScientific Team

3. Drill Bass River Castlereigh

4. Potentially Spin off and drill NS Assets into three new PubCo’s

5. Farm out Key Chilean Projects

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What Investor Gets? 1. Best case – Bass River is a hit and we spin out NS Assets in 1 Pubco led by

Bass and Keep CMX as a pure Chilean company.

2. Fall Back – Spin out Bass River with Cobalt play, Fox and Lynn and Parrsboro.

3. Investor has CMX which will have all of Chilean assets including royalty and 50% of Bass, 50% of Fox & Lynn and 50% of Parrsboro. Investors get 50% of float as a return of capital.

4. Investor has the backstop of royalty, gets exploration potential of Bass River and then has a fallback second target at Bass, the plays at Fox and Lynn and failing all that the shell value of these in a hot shell market.

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All @ a $3 Million Valuation!


Teck Acquired Copaquire acquires for $3 Million USD + a 3% NSR

Teck Acquired Copaquire with two NI 43-101 Resources…10k’s away from QB1

The potential to generate significant cashflow, utilize power, retain labor would suggest this

is a compelling and sizeable opportunity for Teck

Sulfato South

Cu Eq. Tonnage Copper % lb Cu Moly % lb Moly % Cu Eq lb Cu Eq

Cutoff In Thousands Grade in Thousands Grade in Thousands Grade in Thousands

0.7 341 0.73 5,519 0.02 171.00 0.86 6,456

0.6 1,993 0.66 28,973 0.02 1024.00 0.79 34,606

0.5 7,565 0.57 95,460 0.02 3507.00 0.69 114,743

0.4 19,698 0.49 213,997 0.02 8410.00 0.6 260,254

0.3 43,508 0.41 393,051 0.02 16677.00 0.51 484,775

0.2 102,069 0.32 709,918 0.02 34972.00 0.4 902,263

0.1 159,000 0.26 910,755 0.02 53237.00 0.34 1,202,559 Quebrada Blanca Mine:

1.03 BT @ 0.5% Cu1.

Anglo Anglo

Codelco

Codelco

Codelco

Codelco

Free port

Freeport

Xstrata/Anglo

Xstrata/ Anglo

Xstrata/ Anglo

Xstrata/ Anglo

Xstrata/ Anglo

Xstrata/ Anglo

Teck

Teck

CMX Copaquire

Rio Tinto

10km

15km

Collahuasi Mine: 9.55

BT @ 0.82% Cu2.

Codelco

Free port

Codelco

1. Copaquire Royalty with Teck

Cerro Moly

Mo Eq. Category Tonnage Mo lb Mo Cu % lb Copper Re Mo Eq

Cutoff In Thousands (%) In Thousands Grade in Thousands PPM %

0.028 Indicated 229,474 0.039 197,000 0.11 561,000 0.104 0.069

0.028 Inferred 193,888 0.026 111,000 0.15 624,000 0.063 0.066

0.032 Indicated 181,374 0.042 168,000 0.12 472,000 0.116 0.074

0.032 Inferred 141,595 0.027 84,000 0.16 506,000 0.065 0.071

0.036 Indicated 141,848 0.045 141,000 0.13 394,000 0.013 0.079

0.036 Inferred 105,675 0.028 65,000 0.18 417,000 0.068 0.077

Molybdenum equivalent (MoEq) grades are calculated using the following formula: MoEq (%) = Mo(%) + 1.35*(Cu (%)*2.3 / (Mo(%)*12.65-1.14)) The formula assumes a selling cost of US$1.14/lb for Mo and metallurgical recoveries of 84% for Cu and 62% for Mo. Source Videla, 2009, corroborated by AMEC (2009) NI 43-101

Inferred Mineral resource estimate by Copper equivalent cut-off grades.These results are reported in metal equivalent data based on US$ 2.50/lb. copper and US$13.50/lb. molybdenum. In calculating copper equivalencies 100% metal recoveries have been assumed. Source Charchaflie, Jaramillo NI 43101 Jan 30 2012

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Why Logic Drives Probability Teck Activates Copaquire Royalty – The Facts Teck acquired on April 04 2018 13.5% of QB for $162.5 Million

Teck has advised Que Brada Blanca (QB1) supergene is depleted

Ore mining to stop 2018, production to seize by Mid Year 2019

Teck had peak sales of $696 Million( 2012) $229 Million (2016)

Teck is in midst of planning/building QB2 at cost of $4.7 Billion

Used life of mine estimated price of CuT of $3 and Molybdenum of $10

Operating costs of $12.78 per tonne/per year

QB 2 is targeted to go into production midway through 2022

There is forecast to be a 3-4 year gap in mining between wind up of QB1 an launch of QB2

QB has “take or pay” electrical contracts of $6.5 Million a month which it is incurring

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2. Enhancing the GeoScientific Team

• Newly Appointed - President and COO - CMX

• Formerly Manager Project Exploration, Development and Evaluation Oz Minerals

• VP Project Exploration - QGX

• Leader in Discovery and Resource definition of :

• Bayan Airag – Cu – Au- Ag VMS in Mongolia

•Barum Naran – Met& Thermal Coal Mongolia

•Okvau – Intrusive related Au- Cambodia

•M.SC. Mineral Exploration Technologies

•B.Sc. App (Geophysics)

• Twenty years experience In Australia, SE and Central Asia North and South America

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Mick Sharry M.Sc.


3. Drill Bass River

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Bass River Castlereigh Project – Drilling May/June

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Bass River Castlereigh Targets

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Bass River Phase 2- Quarry - Cobalt Target

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Historic drilling had .01 to .1 % Cobalt in Massive target

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Lodestone then concentrated its efforts on the main Bass River zone, where it carried out further magnetometer surveys and a six hole diamond-drill program, and extracted a 2,000 tonne bulk sample. It was then that pyrite associated with the magnetite was found

to be rich in Cobalt, with the average grade of

unprocessed magnetite ore being 500 ppm Co, while a sulphide concentrate separated from the ore averaged 0.9% Co. Bulk sample had a 35% Fe average grade.


4. Restructuring Plan Assess Bass River Castlereigh Results

Spin off NS Assets into 1or 3 new PubCo’s

Target 50% CMX, 50% Shareholders

PubCo 1 – Bass River Phase 2

PubCo 2 – Fox River

PubCo 3 – Lynn, Parrsboro

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Next Steps – Nova Scotia

01

02

03

04

Drill Bass River Castlereigh May June

Prep Bass River Cobalt, Fox River and Lynn for Drilling

Spin Out NS Company (s)

Fund PubCo & Drill Q3, Q4

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5. Farm out Key Chilean Projects

20

30 km

Zulema

Palo Negro

Hornitos

Tierra de Oro

Tabaco

LEGEND

Chilean Metals Property

IOCG Mine

IOCG Belt

Fault

Copper Mine/ Deposit


Zulema – New Confirmed Geophysical Targets


Steps to Discovery

Drilling Confirmed the Presence of IOCG style Mineralization.

Complete Ground based Geophysics including Magnetics and Deep penetrating I.P. (MIMDAS).

Overlay the Geochemistry.

Overlay Geophysical data, Focusing on Areas of Coincident High Conductivity & Magnetic Response.

Prioritize then drill key Targets. 1

2

3

4

5

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Drilling Highlights

DDH1 defined the extent of the eastern skarn, intersecting local Cpy between 107 and 126

DDH3 collared adjacent to historic copper workings on east flank of magnetic high

285 – 334 m, garnet magnetite skarn with multiple lenses of copper – magnetite mineralization

Within the skarn, copper ranged from 0.12 – 1.19% Cu, Au between 0.05 – 0.99 g/t Au

Mineralization was most intense at the upper skarn contact

DDH5 collared approximately 175m. north of DDH3

Starting at 146m +/-, large clots of Cpy to 5cm. appear in addition to potassic feldspar alteration

Below 182 m, magnetite becomes a significant component

179.00 – 218.50 – copper variable, individual assay sections up to 0.44% Cu and 0.27 g/t Au

322.00 – 375.20 – Hydrothermal breccia with extensive quartz veining at base accompanied by minor copper mineralization

DDH8 collared in the northerly magnetic high, intersecting a quartz, magnetite pyrite, chalcopyrite breccia.

Individual assay sections up to 0.60% Cu and 0.15 g/t Au

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Tierra de Oro (TDO) - Geophysical Targets


TDO – Chancheo target is deeper and untested


TDO– Confirmed Geophysical Targets

1 368331 6905358 368125 6905020 135 -65 400 CHANCHEROS

2 368259 6905429 368056 6905091 135 -65 400 CHANCHEROS

3 368403 6905291 368200 6904953 135 -65 500 CHANCHEROS

4 368207 6904935 368004 6904597 0 -90 500 CHANCHEROS

5 368826 6905420 368623 6905082 0 -90 500 CHANCHEROS

HOLE N° LOCATIONLENGTHUTM E UTM N UTM E UTM N AZIMUT DIP


Next Steps - Chile

01

02

03

04

05

Data Rooms for TDO & Zulema Completed

Engaged Kura Minerals to assist in Farm Out Process

Target a Farm Out on Q3 with drilling before year end

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Continue to do Field work & Low cost Exploration, Prepare drill programs

Currently two Majors and a Junior have CA’s


Experienced Team

Ian Pirie, Ex VP of Projects Inmet Mining

Terry Lynch Chairman & CEO

Greg Mckenzie Director

Dr. Chris Hodgson, P. Eng.

Dr. Tony Belperio, Executive Director, Business Development,

Minotaur Exploration Limited. (Australia)

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Peter Kent Director

http://www.google.ca/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwi98MifoPfOAhXGjZAKHVYxCOAQjRwIBw&url=http://www.brrmedia.com/event/123128/dr-tony-belperio-executive-director&psig=AFQjCNFyekn_i1myNV4ZAi-MzrRHfI61ow&ust=1473131394748714


Strategy - Execution

Objective CMX- Next Steps

01

02

03

04

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Drill High Impact lower risk 100% owned targets 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.

Farm out High Impact medium risk projects. Operate exploration program.

Optimize Teck Resources Copaquire Royalty

Build a sustainable IR plan to insure market is aware of our plans and progress

Leverage our exploration and deal generation skills into multiple opportunities for our shareholders to benefit from impact Discoveries

Complete Financing for Current Programs

Spin Out NS PubCo Q3

Bass River – Drill Castlereigh- May/June 2018

Monitor Teck developments at Copaquire

Support IR – Get Analyst & Newsletter Coverage

Drill Bass River Cobalt, Fox River, Lynn

02

03

04

05

07

06

01

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Farm out & Drill Chile Projects, Zulema TDO


Why Invest Now?

Parent Co. With Royalty and NS

Exploration & all Chile Bass River

Probability Teck Royalty Activated

Multiple Exploration Companies

30

Lean Overhead Focused & Funded

Stock Stabilized Now Funded Events Can Drive Valuation

Massive PEM Target New Cobalt Target

Documents

Exploration With A Royalty Hedge - Chilean Metalschileanmetals.com/wp-content/uploads/2018/05/CMX-May...Operating costs of $12.78 per tonne/per year QB 2 is targeted to go into production