Metal Energy Corp · TSXV:MERG
Metal Energy — Investor Presentation (January 2022)
28 slides from Metal Energy's investor presentation, Jan 20, 2022
Slide 1: Canadian Nickel & Green Energy Metals Investor Presentation Q1 2022
CANADIAN NICKEL & GREEN ENERGY METALS INVESTOR PRESENTATION / Q1 2022 MERG: TSXV MERG: TSXV
Slide 2: Forward Looking Statements
Forward Looking Statements WE ARE IN THE MINERAL EXPLORATION AND DEVELOPMENT BUSINESS. IT IS INHERENTLY RISKY, AND ALL INVESTORS SHOULD BE KEENLY AWARE OF THIS This presentation contains forward-looking statements. All statements, other than of historical fact, that address activities, events or dev
Slide 3: Metal Energy Part of Ore Group
Metal Energy Part of Ore Group consists of in-house technical and financial expertise & is focused on premier jurisdictions & on metals with strong, long-term fundamentals METAL ENERGY AMERICAN EAGLE GOLD MERG: TSXV AE: TSXV Nickel exploration, discovery & Brand new Nevada focused gold development e
Slide 4: The Metal Energy Supercycle is on the Horizon
The Metal Energy SUPERCYCLE is on the Horizon Any material reduction of Carbon / Fossil Fuels will require Trillions in investment in the discovery of and supply chain for Green Energy Metals… there is no other viable alternative Nickel for Energy Storage Copper for Energy Transport Uranium for Ener
Slide 5: Nickel Spot Price
MERG: TSXV USD per Tonne $14,000 $15,000 $16,000 $17,000 $18,000 $19,000 $20,000 $21,000 $22,000 $23,000 Nov-20 Nov-20 Dec-20 Dec-20 Jan-21 Jan-21 Feb-21 Feb-21 Ma r-21 Ma r-21 Apr-2 1 Apr-2 1 Ma y-21 Ma y-21 Jun-21 Jun-21 Broke Key Support Level of $19,800 Jul-21 Jul-21 Nickel Spot Price Year to Da
Slide 6: Metal Energy | Corporate Overview
Metal Energy | Corporate Overview Key Metrics Board & Management TSX Venture MERG: TSXV James Sykes CEO Shares Outstanding 78.5M Stephen Stewart Chairman Warrants and Options 21M Charles Beaudry Director Cash in Treasury $7.5 Million Alexander Stewart Director Mike Sweeny VP Exploration Kevin Canari
Slide 7: Metal Energy | Asset Package
Metal Energy | ASSET PACKAGE MANIBRIDGE MINE STRANGE PROJECT Thompson, Manitoba Thunder Bay, Ontario 7 MERG: TSXV
Slide 8: Exploration Plan 2022
Exploration Plan 2022 Q1 Q2 Q3 Q4 Manibridge Manibridge Manibridge Planned minimum 2,500 Minimum 5,000 metres diamond drilling Minimum 5,000 metres metres diamond drilling (4 to Project-wide airborne geophysical EM survey diamond drilling 8 drill holes) Strange Strange Drilling and geophysical surve
Slide 9: Manibridge Mine | Ni-Cu in Thompson Nickel Belt
Manibridge Mine | Ni-Cu IN THOMPSON NICKEL BELT Formerly owned by Falconbridge and mined from 1971 to 1977, Produced 1.3M tonnes @ 2.55% nickel & 0.27% copper to a depth of 381 metres Located n the Thompson Belt, one of the world’s richest nickel districts High-tenor, high-grade nickel mineralizatio
Slide 10: Manibridge Mine | Near-Term Exploration Plan
Manibridge Mine | NEAR-TERM EXPLORATION PLAN ESTABLISH A MINIERAL RESOURCE & DRILL TEST OUR THESIS Establish a Maiden 43-101 Resource for Manibridge Drill program is planned and permitted Untested Nickel shoots exist below 200m & follow up to 2019 Drill program Targets are high grade, high tenor nic
Slide 11: Manibridge Mine | Shallow, High Grade, Past Producer
Manibridge Mine | SHALLOW, HIGH GRADE, PAST PRODUCER 2019 DRILL RESULTS: From exploration ~3 km NE along the Manibridge trend, seeking to expand mineralization along strong and up dip FROM LENGTH HOLE ID TO METRES Ni % Cu % Co % METRES METRES 19MB01 131.00 132.25 1.25 3.33 0.16 0.04 and 135.55 141.0
Slide 12: Manibridge Mine | Leapfrog Model
Manibridge Mine | LEAPFROG MODEL 12 MERG: TSXV
Slide 13: Long Section looking North of the mineralized shell along the Mine Trend
Long Section looking North of the well mineralized shell along the Mine Trend A J G K H F I Historic Drilling B Mineralized Shell C Old Mine Infrastructure + Past Production < 0.2% Ni E 0.2 – 0.4 % POTENTIAL GRADE DISTRIBUTION ALONG Ni – 0.6 % 0.4 MINERALIZED SHELL BASED ON HISTORIC DRILLING Ni 0.6
Slide 14: Manibridge Mine | Geology and Exploration Targets
Manibridge Mine |and Geology Greenfield Exploration Exploration Potential Targets Brownfield = intrusion-hosted Greenfield = sediment-hosted and Greenfield intrusion-hosted Brownfield MERG: TSXV
Slide 15: Strange Project | Location
Strange Project | LOCATION 15 MERG: TSXV
Slide 16: Strange Project | Near-Term Exploration Plan
Strange Project | NEAR-TERM EXPLORATION PLAN EXPLORING FOR A NEW NICKEL DISTRICT - DRILL TEST OUR THESIS Strange Project drill program is planned and permitted Drill to test the sequence at the base of the mid-continental rift If our hypothesis is correct Strange could be a new district scale discov
Slide 17: Strange Project | Ni, Cu, PGE Exploration
Strange Project | Ni, Cu, PGE EXPLORATION District scale Nickel Sulphide (Nickel-Cu-PGE targets) discovery opportunity near Thunder Bay, ON Targets Identified by a team of ex Inco Geologists Large scale magnetic anomaly within continental rift shows signs of potential camp scale nickel deposit Metal
Slide 18: Strange Project | A District-Scale Ni-Cu-PGE Project
Strange Project | A DISTRICT-SCALE Ni-Cu-PGE PROJECT Initial evidence is the strong geophysical magnetic pattern we see in the basin Drill program will test the rock age of this magnetic feature. Looking for rock age that is consistent with other mid-continental rift deposits such as Lundin’s Eagle
Slide 19: Board & Management
Board & MANAGEMENT JAMES SYKES STEPHEN STEWART CHARLES BEAUDRY CEO CHAIRMAN DIRECTOR • 15 years of experience in the resource and • Geologist with more than 35 years of experience • 15 years of experience in exploration finance industries and discovery across the globe • Focused on the M&A, explorat
Slide 20: Metal Energy Videos and Contact
Metal Energy Videos: www.metalenergy.ca Click Here Twitter LinkedIn YouTube sstewart@oregroup.ca 416.644.1567 MERG: TSXV
Slide 21: Appendix
Appendix 21 MERG: TSXV
Slide 22: Comparable & Proximate Ni-Cu-PGE Companies
Comparable & Proximate Ni-Cu-PGE COMPANIES CURRENT MARKET COMPANY LOCATION RESOURCE CAPITALIZATION* 4Mt (Ind.) @ 2.62 Ni Eq Talon Metals Corp Duluth, Minnesota $500M 7Mt (Inf.) @1.57 Ni Eq 657Mt (M&I) @ 0.26% Ni Canada Nickel Company Timmins, Ontario $250M 646Mt (Inf.) @ 0.24% Ni 1.25Mt (M&I) @ 0.99
Slide 23: Nickel Demand: Supercharged by EV Battery Growth
Nickel Demand: Supercharged by EV Battery Growth Battery Demand for Nickel Rising 5-6x: Glencore forecasts a 5% CAGR in nickel demand over the next 30 years. This growth is tied to battery demand which is forecast to consume 30-40% of nickel production by 2050 EV Battery Cathodes are 80% Nickel: Whi
Slide 24: Nickel Supply: Will Struggle to Meet Demand
Nickel Supply: Will Struggle to Meet Demand Weak Nickel Prices over the past 7 years have Constrained Exploration Nickel-Sulphide Deposits are Rare Nickel-laterite deposits represent 80% of nickel reserves and highly pollutive & costly to updated to battery-grade Class 1 nickel. Existing Projects Be
Slide 25: Electric Vehicles Will be the Future Driving Force for Demand
Electric Vehicles Will be the Future Driving Force for Demand BATTERY BOOST Demand from electric vehicle batteries will spur a group of metals Nickel 14.0x Aluminum 14.0 Phosphorus 13.0 Iron 13.0 Copper 10.0 Graphite 10.0 Lithium 9.0 Cobalt 3.0 Manganese 3.0 2019 v 2030 demand growth 25 MERG: TSXV
Slide 26: Nickel Demand Over the Past Decade
Nickel Demand Over the Past Decade Nickel demand has remained strong over the past decade as a result of strong Stainless demand. Demand will only increase with the addition of EVs and Lithium Ion battery demand over the coming decades BASE METALS & OTHER METALS DEMAND CAGR% (2007-2017) Aluminum 5.2
Slide 27: 70% of Global Nickel is from High-Risk Jurisdictions
70% of Global Nickel is from High-Risk Jurisdictions GLOBAL NICKEL PRODUCTION IN 2019 14% Rest of the world 72% Indonesia (30%) Philippines (16%) Russia (10%) New Caledonia (8%) China (4%) 14% Brazil (2%) Canada (~7%) Cuba (2%) Australia (~7%) United States (~1%) 27 MERG: TSXV
Slide 28: Nickel Market is Bifurcated | Class 1 vs. Class 2
NICKEL MARKET IS BIFURCATED | Class 1 vs. Class 2 CLASS 1 – HIGH PURITY CLASS 2 – LOW PURITY suitable for batteries includes nickel pig iron and ferronickel 70% of Class 1 nickel from sulfide Unsuitable for rechargeable ores, and 30% from limonite ores batteries which have higher capital costs Prima