Benz Mining Corp. · TSXV:BZ
Benz Mining — Investor Presentation (May 2023)
28 slides from Benz Mining's investor presentation, May 2023
Slide 1: Unlocking a District-Scale Gold Opportunity in James Bay, Quebec
BENZMINING.COM | TSXV: BZ, ASX: BNZ UNLOCKING A DISTRICT-SCALE GOLD OPPORTUNITY IN JAMES BAY, QUEBEC EASTMAIN PROJECT HIGH-GRADE GOLD RESOURCE INVESTOR PRESENTATION MAY 2023 @BenzMining
Slide 2: Disclaimer and Forward-Looking Statements
DISCLAIMER AND FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "Expect", "Anticipate", "Continue", "Estimate", "Objective", "Ongoing", "May", "Will", "Projec
Slide 3: Benz Delivers 1+ Million Ounces at 6.1g/t Gold at the Eastmain Project
BENZ DELIVERS 1+ MILLION OUNCES AT 6.1g/t GOLD AT THE EASTMAIN PROJECT A World Class High Grade Demonstrable Resource Additional Critical Metals Strong Newsflow Gold Project Expansion Potential Upside • Eastmain is an emerging multi- • High grade lithium discovery – • Ongoing drilling results from •
Slide 4: Eastmain: Building a World Class Gold Project
EASTMAIN: BUILDING A WORLD CLASS GOLD PROJECT BENZ MINING CORP 4
Slide 5: Unearthing a Greenstone Belt in James Bay
UNEARTHING A GREENSTONE BELT IN JAMES BAY TIER 1 INVESTMENT LOCATION • Benz owns 320km² of an emerging greenstone belt – the Upper Eastmain Belt located in the prolific James Bay mining region of Quebec • Quebec is among the most attractive mining investment jurisdictions in the world¹, with its ric
Slide 6: 70,000m Drilling and 7 Discoveries Delivered
70,000M DRILLING AND 7 DISCOVERIES DELIVERED SINCE THE FIRST DISCOVERY HOLE IN 2021, BENZ HAS GROWN THE EASTMAIN RESOURCE MORE THAN 2.6 TIMES, FROM 376KOZ TO 1MOZ GOLD Benz drills 50,000m at Eastmain May 2023: Benz delivers July 2022: Lithium Assay turnaround discovery at Ruby maiden JORC gold resou
Slide 7: Building a World Class Gold Project
BUILDING A WORLD CLASS GOLD PROJECT BENZ HAS GROWN EASTMAIN FROM HERE IN 2020… BENZ MINING CORP 7
Slide 8: To Here in 2023… Delivering Significant Growth
TO HERE IN 2023… DELIVERING SIGNFICANT GROWTH BENZ MINING CORP 8
Slide 9: By Replicating the Bellevue Model: Discovery Through Electromagnetics
BY REPLICATING THE BELLEVUE MODEL: DISCOVERY THROUGH ELECTROMAGNETICS Gold at Eastmain is associated with pyrrhotite which has strong conductivity detectible by EM. Strong similarities to Bellevue Gold’s (ASX:BGL) exploration technique in identifying high grade gold. Eastmain Mineralization: Quartz
Slide 10: Benz Maiden JORC Gold Resource
BENZ MAIDEN JORC GOLD RESOURCE BENZ MINING CORP 10
Slide 11: Benz Maiden Resource: 1,005,000oz @ 6.1g/t Gold
BENZ MAIDEN RESOURCE: 1,005,000OZ @ 6.1G/T GOLD INCLUDING 384,000OZ OF INDICATED MATERIAL AT 9.0G/T Category Tonnes (Mt) Au (g/t) Au Metal (oz) Indicated 1.3 9.0 384 Inferred 3.8 5.1 621 Total 5.1 6.1 1,005 BENZ MINING CORP 11
Slide 12: A Standout High Grade Gold Project
A STANDOUT HIGH GRADE GOLD PROJECT WITH AMONG THE LOWEST DISCOVERY COST PER OUNCE THIS DECADE 1600 1400 1200 Benz’ Discovery Cost COST $USD 1000 Per Ounce: ~US$25 800 600 400 200 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 BENZ MINING YEAR Implied discovery cost ($/oz) Source: S&P Globa
Slide 13: With a Lot Further to Go
WITH A LOT FURTHER TO GO 1Moz GOLD OPEN IN ALL DIRECTIONS • Conservative Resource - realistic mining constraints applied including 2m minimum mining widths and 1.5g/t minimum cut off grades in wireframes • Substantial extensional potential – numerous DHEM and FLEM/VTEM conductors to follow high grad
Slide 14: Lithium, Nickel & Copper Potential
LITHIUM, NICKEL & COPPER POTENTIAL Outcropping spodumene lithium mineralization at Ruby Hill West BENZ MINING CORP 14
Slide 15: High-Grade Lithium Confirmed at Ruby Hill West
HIGH-GRADE LITHIUM CONFIRMED AT RUBY HILL WEST High-grade lithium mineralisation confirmed over a large 100m x 40m outcropping area at Ruby Hill West (RHW) Rock chip sampling results (shown below) add to historical high-grade samples including: • 4.7% Li2O, 1,720 ppm Rb >100ppm Ta, >500ppm Cs • 2.6%
Slide 16: Lithium Upside at Ruby Hill West
LITHIUM UPSIDE AT RUBY HILL WEST 31M OF SPODUMENE BEARING PEGMATITE IN MAIDEN DRILLING PROGRAM 31.1m of 0.9% Li2O incl 26.4m at 1.01% Li2O • Large spodumene crystals identified in core and multiple spodumene bearing pegmatite dykes intersected • Indications of potential pegmatite dyke swarm • +50km
Slide 17: Additional Copper and Nickel Potential
ADDITIONAL COPPER AND NICKEL POTENTIAL Multiple untested occurrences of base metals, including copper and nickel Coincident VTEM anomalies with mapped ultramafic contacts over 30km of cumulative strike +50km of strike length of greenstone to be explored Map: RHW interpreted geology, 2005 VTEM, pegma
Slide 18: Upper Eastmain: A Major Mining Belt in the Making
UPPER EASTMAIN: A MAJOR MINING BELT IN THE MAKING A GOLDEN PAST AND A MULTI-COMMODITY FUTURE QUEBEC’S UPPER EASTMAIN BELT • Upper Eastmain Belt – first gold discovered 1969 • Historically explored for gold, limited base metals/lithium exploration • 60 years of sporadic exploration - less than 200,00
Slide 19: Value Drivers: Funded for Future Discovery
VALUE DRIVERS: FUNDED FOR FUTURE DISCOVERY FEBRUARY 2023 DRILLING AT EASTMAIN GOLD PROJECT BENZ MINING CORP 19
Slide 20: Key Value Drivers
KEY VALUE DRIVERS OVER 320KM2 TENURE AND >50KM STRIKE ACROSS UPPER EASTMAIN BELT Numerous C$10m Exploration Assay Results Strong Newsflow “Exploration Targets” Program Pending to Follow Up Following up on 12,000m of diamond Assays pending for Ongoing drilling results several wire frames drilling pla
Slide 21: Why Invest in Benz?
WHY INVEST IN BENZ? Eastmain is World Delivering Solid Demonstrable Lithium and Critical Strong ESG Class Gold Project Resource Growth Exploration Upside Metals Upside Credentials Using a proven Since the first Resource area does Upper Eastmain Eastmain is forecast electromagnetics discovery hole in
Slide 22: Appendix A: Corporate
APPENDIX A: CORPORATE BENZ MINING CORP 22
Slide 23: Corporate Summary
CORPORATE SUMMARY Analyst Coverage: Kyle De Souza SYMBOL: TSXV:BZ | ASX:BNZ Common Shares Outstanding 157,983,900 Warrants (C$0.17) 11,458,182 Options (C$0.07 – C$3.00) 9,615,053 Top 20 Shareholders ~50% Current Share Price1 C$0.31 Market Capitalisation1 C$48.7m Cash2 C$9.32m 1. Share price and mark
Slide 24: Experienced Board & Management Team
EXPERIENCED BOARD & MANAGEMENT TEAM EVAN CRANSTON PETER WILLIAMS NICK TINTOR MATTHEW O’HARA Executive Chairman Director Director Director DANIELLE MARAT ABZALOV, MARCUS HARDEN, GIOVENAZZO, P.GEO FAUSIMM MAIG VP of Exploration Special Consultant Special Consultant BENZ MINING CORP 24
Slide 25: Appendix C: Benz Mining in Quebec
APPENDIX APPENDIX C: BENZ B: BENZ MINING MINING IN IN QUEBEC QUEBEC BENZ MINING CORP 25
Slide 26: Benz Is Surrounded by Outstanding Infrastructure
BENZ IS SURROUNDED BY OUTSTANDING INFRASTRUCTURE Photo credit: Chrysos Corp Route 167 – An All Weather Road Fully Permitted Camp Photon Assay Lab Photo credit: Chrysos Corp BENZ MINING CORP 26
Slide 27: Benz Is a Responsible and Sustainable Miner
BENZ IS A RESPONSIBLE AND SUSTAINABLE MINER With one of the largest hydro power schemes in the world only 200km away, there is potential for Benz to produce ‘green’ gold (image obtained from Andritz Group) Photon Assay utilized by Benz produces less fumes than fire assay. Cree First Nation supportiv
Slide 28: Contact
CONTACT Evan Cranston | Executive Chairman info@benzmining.com Dannika Warburton | Media & Investor Relations investors@investability.com.au BENZMINING.COM | TSXV: BZ, ASX: BNZ @BenzMining