Nicola Mining Inc. · TSXV:NIM
Nicola Mining — Investor Presentation (March 2021)
25 slides from Nicola Mining's investor presentation, March 2021
Slide 1: British Columbia Based Diverse Mining Company
OTC: HUSIF DAX: HLI BRITISH COLUMBIA BASED DIVERSE MINING COMPANY MARCH 2021
Slide 2: Cautionary Statement Regarding Forward-Looking Statements
Cautionary Statement Regarding Forward-Looking Statements Certain statements and projections in this presentation are forward-looking statements and forward-looking information within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as
Slide 3: Executive Summary
EXECUTIVE SUMMARY Nicola Mining Inc. (“Nicola” or the “Company”) is a unique mining / milling / exploration company that provides investors exposure to all three key metals • Operational revenues / cash flow mitigates dilution • National Instrument 43-101 - Standards of Disclosure for Mineral Projec
Slide 4: Capital Structure
CAPITAL STRUCTURE Insiders / related parties own approximately 50% of fully-diluted shares TSX-V: NIM Exchange / Symbol(s) FSE: HLI Share Price(1) C$0.12.5 Shares Outstanding(2) 263M Market Capitalization(1) C$32.9M 52 Week Low / High(1) C$0.035 / C$0.21 Cash & Equivalents Balance(2) C$500,000 Conve
Slide 5: Officers and Directors
OFFICERS AND DIRECTORS Peter Espig - Chief Executive Officer / Director Mr. Espig was appointed CEO on November 7, 2013 as part of the Company’s turnaround. He has structured and raised funds for over US$2.5 billion in private equity and pre-IPOs. The former diamond driller and Goldman Sachs executi
Slide 6: Diversified Core Assets
DIVERSIFIED CORE ASSETS • 100% ownership of Craigmont copper mine in southern British Columbia New Craigmont • 10,913 hectare permitted mine site (Permit M-68) • NI 43-101 on historic mine waste terraces Copper • ALS Final-Technical Report highlights the ability to upgrade at source • Porphyry – hig
Slide 7: Merritt Mill
MERRITT MILL Gold Inventory Proximal to Permitted Merritt Mill The Merritt Mill is the only facility permitted to process gold and silver from throughout the province and the Company seeks to utilize the facility as a mid-sized mine facilitator and milling hub The Merritt Mill benefits from BC’s hig
Slide 8: Merritt Mill
MERRITT MILL Fully permitted M-68 200 tpd mill + tailings storage facility situated within Nicola’s New Craigmont property • Highway access and connected to power grid • Over C$30M invested since 2011 • Includes grinding, crushing and flotation circuits • Profit share agreements in place with high-g
Slide 9: New Craigmont Copper (Overview)
NEW CRAIGMONT COPPER (OVERVIEW) New Craigmont is 100% owned by Nicola Mining, located in southern British Columbia. Both open pit and underground mining was used to extract copper and magnetite from 1958-1982. Mining ceased due to copper price of ~$0.60/lb. The site has excellent infrastructure: • R
Slide 10: New Craigmont Copper (Prolific District)
NEW CRAIGMONT COPPER (PROLIFIC DISTRICT) Right jurisdiction: • Major producing mines • Significant major projects • New exploration projects 10
Slide 11: New Craigmont Copper (Transport and Power Infrastructure)
NEW CRAIGMONT COPPER (TRANSPORT AND POWER INFRASTRUCTURE) Excellent Infrastructure: • Connected to Highway 8 • Connected to Power grid (BC Hydro) • Water permits in place for mining • Near major cities 11
Slide 12: New Craigmont Copper (Prolific History)
NEW CRAIGMONT COPPER (PROLIFIC HISTORY) • 1961-1982, Craigmont Mine produced 34Mt @ 1.3% Cu, both from underground and open pit mining operations • Historic cut-off grade of 0.7% Cu • Body No. 3 remains in situ Sept 1962 • 1993-2014, Magnetite produced from re- processing of Craigmont Mine tailings
Slide 13: New Craigmont Copper (890 Million Pounds of Copper Over Two Decades)
NEW CRAIGMONT COPPER (890 MILLION POUNDS OF COPPER OVER TWO DECADES) 90 Millions 80 70 60 Copper produced (lbs) 50 40 30 20 10 0 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 Year Data source: BC Annual Reports 1961-1979 & Craigmont Min
Slide 14: New Craigmont Copper (History of Exploration)
NEW CRAIGMONT COPPER (HISTORY OF EXPLORATION) DISCOVERY PRE-MINE CLOSURE Initially identified by anomalously high magnetometer readings in “No ‘true’ exploration was done conjunction with a copper soil anomaly. underground (up to 1977) although as part Followed up with spectacular drill results in t
Slide 15: Current Exploration
NEW CRAIGMONT COPPER (CURRENT EXPLORATION) 10 HISTORIC EXPLORATION INSIGHTS Non porphyry related Cu skarns • Focused on targeting limy* units for additional skarn Porphyry related Cu Skarns (strata-bound) Historic Craigmont Predominantly • Viewed by exploration team as “non-porphyry” related Mine, B
Slide 16: Porphyry Style (Recent Drill Results)
NEW CRAIGMONT COPPER (RECENT DRILL RESULTS) Hole CC-18-02 (298m) Epidote (replacement of garnet) Recent Drilling Highlights CU-FE SKARN 76m @ 1.35 % Cu Actinolite and chlorite DDH-THU-002: 85.6m @ 1.11% Cu • September 7, 2016 news release (SEDAR Oct. 4, 2016) Chalcopyrite (semi-massive) S-100: 116.7
Slide 17: New Craigmont Copper (Conceptual Model)
NEW CRAIGMONT COPPER (CONCEPTUAL MODEL) Holliday and Cooke 2007 17
Slide 18: New Craigmont Copper (NI 43-101 Inferred Copper Resource)
NEW CRAIGMONT COPPER (NI 43-101 INFERRED COPPER RESOURCE) Company announced Technical Report was prepared in accordance with National Instrument 43-101- Standards of Disclosure for Mineral Projects (“NI 43-101“) supporting the Inferred Copper Resource for the Southern Dump and 3060 Portal Dumps The
Slide 19: New Craigmont Copper (XRT Sorter Upgrading)
NEW CRAIGMONT COPPER (XRT SORTER UPGRADING) ALS Metallurgy’s Laboratory (“ALS”) report highlights TOMRA Tertiary XRT Sorter Conveyor’s (“XRT Sorter”) ability to upgrade Cu mineralized material factor about 5 times on average for the coarse fractions of samples from Southern and the 3060 Portal Dumps
Slide 20: Treasure Mountain Silver (Southern BC)
TREASURE MOUNTAIN SILVER (SOUTHERN BC) Coquihalla Highway Portal 1 Portal 2 Portal 3 Jensen Portal Portal 4 20
Slide 21: Treasure Mountain Silver (Mine Status)
TREASURE MOUNTAIN SILVER (MINE STATUS) The Company has the option to reopen and mine Level 1 Stope 2 2012 – 2013: completed a 10,000 tonne bulk sample permit on Level 1, but Stope 2 remains in situ The Company continues to review opportunities; including M&A, joint ventures and reopening the Tre
Slide 22: Treasure Mountain Silver (Brownfields Exploration)
TREASURE MOUNTAIN SILVER (BROWNFIELDS EXPLORATION) The true value of Treasure Mountain is not the mine itself but the exploration upside of the entire property. Exploration has provided very exciting results. MB Zone (Northern Side of Mountain): The MB Zone is located approximately 1.5 km from the T
Slide 23: Treasure Mountain Silver (Recent Exploration Results)
TREASURE MOUNTAIN SILVER (RECENT EXPLORATION RESULTS) Encouraging results during the 2019 Exploration Program was the catalyst for the expanded 2020 Exploration Program on the MB Zone 2019 Grab Sample Program Results1: • Sample 2100152: 813 grams Ag and 0.518 grams Au per tonne and 19% zinc and 4.66
Slide 24: Nicola Mining Inc. (Investment Case)
NICOLA MINING INC. (INVESTMENT CASE) Explore and develop promising Craigmont copper mine in southern British Columbia: Permitted Mine (M-68) with near-term start up potential NI 43-101 inferred copper resource on historic mine waste terraces expected to further augment resource with additiona
Slide 25: Corporate Address
NEW CRAIGMONT COPPER 76m @ 1.35 % Cu Corporate Address 3329 Aberdeen Road Lower Nicola, B.C. V0K 1Y0 Tel: 778-385-1213 info@nicolamining.com nicolamining.com 25 25