Metals Creek Resources Corp. · TSXV:MEK
Metals Creek Resources — Investor Presentation (September 2019)
18 slides from Metals Creek Resources's investor presentation, September 2019
Slide 1: Dona Lake Gold Project
Dona Lake Gold Project
Slide 2: Forward-Looking Statements
Forward-Looking Statements – Certain statements included in this presentation are forward-looking statements which are made pursuant to the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. They include estimates and statements that describe the Company’
Slide 3: Dona Lake Gold Project, Pickle Lake Area, Northern Ontario
PICKLE LAKE ONTARIO Thierry Mine ya DONA LAKE ee xe PICKLE LAKE ; PROJECT THUNDER BAY DONA LAKE GOLD PROJECT PICKLE LAKE AREA NORTHERN ONTARIO
Slide 4: MEK's 2nd option agreement with Goldcorp
MEK’s 2nd option agreement with Goldcorp • Option Agreement with Newmont Goldcorp (Goldcorp) • Metals Creek can earn 100% • MEK issue 7,000,000 shares and spend $4 million over 3 years • Goldcorp has the right to participate in future MEK financings for up to 19.9% • Goldcorp Has a one time back-in
Slide 5: Pickle Lake area past production and resources
THIERRY MINE PAST PRODUCTION OF 51,528,960 kg Cu* M&l RESOURCES OF 8.81MT @ 1.66% Cu, 0.19% Ni, 4.0g/t Ag** INDICATED RESOURCES OF 14.92MT @ 1.64% Cu, 0.16% Ni, 6.4g/t Ag*** TOWN OF PICKLE LAKE CENTRAL PATRICIA #1 PAST PRODUCTION OF 621,806 oz Au* PICKLE CROW PAST PRODUCTION OF 1,446,214 oz Au* INFE
Slide 6: General Geology of Dona Lake Project
/ / / DIABASE BANDED IRON FORMATION a f Ve SURFACE MINERALIZATION ~ \ ~e x PICKLE CROW ASSEMBLASE FELSIC VOLCANICS: A PICKLE CROW ASSEMBLASE MAFIC VOLCANICS: = OHIO LAKE STOCK POTENTIAL OF AU MINERALIZATION DDH intercepts of 12.24g/t Au over 1.7m, 8.81g/t Au over 1.4m and 9.28g/t Au over 3.6m of GEN
Slide 7: 0.43g/t Au over 2.40m
F 0.43g/t Au over 2.40m 11.88g/t Au over 2.70m and 4.21g/t Au over 2.00m Dp] 1.02¢/t Au over 2.92m 2.62g/t Au over 3.10m and 5.25e/t Au over 1.80m “@ STRONG CONDUCTOR <@ MODERATE CONDUCTOR PROSPECTIVE IRON FORMATION NAD83 UTM ZONE 15N kilometres 2.35g/t Au over 4,10m incl. 4.11g/t Au over 2.00m 1.37
Slide 8: Preliminary Electromagnetics
E7HOS00 Ny 2701000 oN 520000.08 550750008 5626000 15608 600 5526000 0 597,090 690 600 PRELIMINARY ELECTROMAGNETICS 11.88g/t Au over 2.70m and 4.21g/t Au over 2.00m 2.62g/t Au over 3.10m and 5.25e/t Au over 1.80m MAD83 UTM ZONE 15N kilometres 2.35g/t Au over 4.10m incl. 4.11g/t Au over 2.00m 1.37¢/t
Slide 9: Section 14920N drill intercepts
5,609,800 mN, 02 500 ae oo po ne op 200 ue 00 Oo : —_ ° 9.28g/t Au over 3.60m and 4.11g/t Au over 2.00m | © me J ? 4.03g/t Au over 2.10m incl. 13.02g/t Au over 0.50m ; © © 15.54g/t Au over 2.25m SHAFT 2 6.04g/t Au over 2.80m Deepest intercept ® 6g/t Au over 21.08m Deepest intercept . © 0e@e 14.17g/t
Slide 10: Assays cut to 20 g/t, all intersections report Au grades
Note: ASSAYS CUT TO 20 G/T ALL INTERSECTIONS REPORT AU GRADES
Slide 11: B Zone schematic longitudinal section
‘The Corporation cautions that the data is historical in nature and has not been verified or validated PRIORITY DRILL TARGET FOR UPCOMING DRILL PROGRAM N PROSPECTIVE GOLD Ha veRauizarion }2g/f over 2.20m “ALL INTERSECTIONS REPORT AU GRADES* 2 — oom 4g/t over 5.00m g/t over 10.60m ee eel) 17g/t over
Slide 12: ‘The Corporaoncaunans thatthe data hte in nature and has not been vei or validted
‘The Corporaoncaunans thatthe data hte in nature and has not been vei or validted
Slide 13: Dona Lake Mine ore zones expressed to surface
110 METERS ——~ DONAVAKE MINE = ORE ZONES EXPRESSED. TO SURFACE Gi j ty iG 2
Slide 14: 16.1 g/t Gold
16:1 g/t Gold: 4
Slide 15: Dona Lake Highlights
Dona Lake Highlights • Similar Geology (Banded Iron Formation) to Musselwhite Mine which has produced greater than 4 million ozs gold • Two subparallel gold zones approximately 25m apart (B-zone and Main) • Produced 246,500 ozs gold (Gold was approx $325) • Main zone mined to the 455 level or 455m v
Slide 16: Current Activities
CURRENT ACTIVITES • In the process of converting data to digital format • Generating 3D model of Main mineralized horizon and Footwall B-Zone • Target generation for upcoming drill program • Recently completed Airborne Mag-EM survey (awaiting preliminary data)
Slide 17: Upcoming Activities
UPCOMING ACTIVITIES • Compile results for recently flown airborne survey (AEM) – Prioritize Targets • Ground truth AEM targets • Generate property wide geological model incorporating AEM targets • Planning and implementing drill targets for upcoming diamond drill program
Slide 18: Dona Lake Data
Dona Lake Data • The Corporation cautions that all data quoted in the Dona Lake presentation is historical in nature and has not been verified or validated.
Metals Creek Resources — Investor Presentation (September 2019) on 6ix