Slide 1: Poised for Discovery in Premier Gold Camps
Poised for Discovery in Premier Gold Camps Strathy Gold Project Presentation SGC-TSX.V September 2024
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains certain forward-looking statements (“FLS”) including, but not limited to the need for more prospecting and analysis, that the geological and structural setting at SGP is highly prospective for gold mineralization, the focus of follow-up efforts o
Slide 3: Technical Summary of the Strathy Gold Project
Technical Summary of the Strathy Gold Project Solstice Gold September, 2024
Slide 4: Synopsis
Synopsis • Good mapping base provided by regional maps M2323 and regional compilations • Mapping in Strathy township at a scale of 1:4800 forms a detailed base: Fyon, A.J. and Crocket, J.H. 1986: Exploration Potential for Base and Precious Metal Mineralization in part of Strathy Township, Temagami A
Slide 5: Southern part of the prolific Abitibi Subprovince
GOLD Producing Mine Past Producer Developed Prospect with Reserves NON-GOLD Producing Mine Past Producer Developed Prospect with Reserves Fault: Major, Minor Temagami Greenstone Belt Southern part of the prolific Abitibi Subprovince – excellent infrastructure and access to mining expertise
Slide 6: Strathy Township Simplified Geology and Showings
STRATHY TOWNSHIP SIMPLIFIED GEOLOGY AND SHOWINGS OMI Developed Gold Prospect Clustering of gold showings suggest common controls. OMI Gold Prospect Inset shows OFR5591 area of Au+As+Po +/- base metal anomalies also supporting common linkage OMI Cu-Ni-PGE Past Producer with Reserves OMI Non-gold Deve
Slide 7: Regional Scale Controls on Gold
Regional Scale Controls on Gold
Slide 8: Drill holes, gold occurrences and EM data map
Gold-bearing ODHD drill hole (SGC claims) Gold-bearing ODHD drill hole (Others) Copper-bearing ODHD drill hole Other drill holes ODHD OMI Prospect Assessment file data 16.0 Ontario OMI occurrence gold g/t maximum grab sample Drill intercept sourced 4.5m @ 6.68 Au_g/t from filed assessment data (core
Slide 9: Gold and copper intercepts with IP and EM signatures
• Significant gold +/- Cu intercepts in the NW have marked IP signature parallel to the NVDZ • Leckie area gold zone has marked EM response • Late time EM defines trends NW and N-S trends – includes known gold zone at Leckie • Other trends are therefore possible targets EM: B field x component gate
Slide 10: 1m DEM identifies clear linears including the Leckie Fault
• 1m DEM identifies clear linears including the Leckie Fault and major deformation zones Multiple Leckie-type N-S fault sets
Slide 11: Proof of concept: N-S gold-bearing veins and trenches
Proof of concept: Veins Filed assessment clearly shows N-S gold-bearing veins and Trenches perpendicular trenches with local N-S structures evident on the DEM Area of inset Numerous N-S and other fault sets apparent using DEM. Since Leckie, Big Dan and other deposits are associated with N-S faults,
Slide 12: Net Lake Complex
Variolitic Basalt OF5591 • Main geological units extracted from various sources Quartz Porphyry M2323 • UM-mafic Net Lake intrusive intrudes likely along a major structure which is Quartz Porphyry OF5591 visible on the DEM. Tonalite OF5591 • Marker variolitic basalts mapped at Arsenic Lake, not appa
Slide 13: Gold showings and IP targets associated with DEM faults
• Gold showings and IP targets are associated with faults identified using DEM • Areas with N-S fault sets (e.g. at A - C) are target areas wh A B C IP anomalies 1998-9 by Silver Century (from assessment files) > 1 g/t surface samples Silver Century OMI gold showing Gold >1g/t filed assessment Gold
Slide 14: Late time EM tracks main DEM features (faults)
Late time EM tracks main DEM features (faults) • Fault sets derived from DEM correlate well with observed EM trends • Fault sets crossing favourable NE geological trends are priority targets. These include FeFm, variolitic basalts (Leckie), intrusive units etc. A B C
Slide 15: Targeting
Targeting Near term existing drill targets: • Leckie down Dip: Solstice controls the down dip extension of the Leckie gold zone from ~100m->1.5km target depth • West of Leckie: Since Leckie itself has an EM response, EM responses west of current drilling could mark untested near surface mineralizati
Slide 16: Initial target areas west of Leckie gold deposit
IP3 Initial target areas west of Leckie gold deposit Area of main image IP1 EM anomaly Leckie Down Dip west of drilling Alpha IP N-S fault sets crossing EM Target EM Trend IP2 Planned IP Lines
Slide 17: Leckie long section
Solstice Claims Leckie long section S N 86-19 • Significant gold intercepts on 86-20 Solstice Claims 87-30 87-100 87-30 7.66 g/t Au / 7.25m • Target immediate down rake of -50m OR: zone 6.87 g/t Au/2.96m And 87-33 9.75 g/t / 3.66m • Use oriented core to 4.9g/t Au / 9.42m -100m understand vein and fa
Slide 18: Existing IP drill targets – large scale system
Existing IP drill targets – large scale system Sudbury Contact/Silver Century IP anomalies – Drill targets (quotes are from filed IP • Au +/- copper mineralization intersected assessment report) using IP. • Extensive untested IP targets on Solstice DDV-21: “- Strongly polarisable anomaly with conduc
Slide 19: Alpha IP line identifies large new target
Alpha IP line identifies large new target NE SW NEW Plan TARGETS 0.43% Cu 6.68 g/t Au/4.5m 0.3%Cu / 10.0m 0.59%Cu / 7.1m 1.4g/t Au/1.5m 0.54%Cu, 0.23g/t Au / 4.9m 1.58%Cu, 0.36g/t Au / 4.3m 0.35%Cu / 4.1m HIGH CHARGEABILITY 11.3g/t Au/1.6m Section Chargeability mv/v • NE anomaly is associated with s
Slide 20: Large resistive, high chargeability target at depth
Plan 0.43% Cu 6.68 g/t Au/4.5m 0.3%Cu / 10.0m 0.59%Cu / 7.1m NLI 1.4g/t Au/1.5m 0.54%Cu, 0.23g/t Au / 4.9m 1.58%Cu, 0.36g/t Au / 4.3m 0.35%Cu / 4.1m High Chargeability / 11.3g/t Au/1.6m High Resistivity target Section Resistivity ohm-m Large, resistive, high chargeability target at depth is a differ
Slide 21: Summary
Summary • Classic setting for orogenic gold in this part of the Abitibi but is largely unexplored • Hosts significant gold +/- copper in various settings, these are EM and/or IP anomalies – large system size • Faults + EM+ IP data identify numerous, new target areas. Structural intersections likely