Gold Line Resources — Investor Presentation (October 2023)
41 slides from Gold Line Resources's investor presentation, October 2023
Slide 1: October 2023
TSX-V: GLDL October 2023 OTCQB: TLLZF
Slide 2: Disclaimer
DISCLAIMER This presentation is not an offer to purchase or sell securities. This presentation is for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any securities in Gold Line Resources ("Gold Line" or the "Company"), nor shall there be any sale of secu
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS Strategically positioned in Sweden & Finland's 'Gold Rush' Largest land position by an Security of tenure and clear exploration company in the heart permitting requirements with of Sweden's Gold Line Belt well established mining codes Key land asset in Finland's Agnico Eagle Mi
Slide 4: Capital Structure
CAPITAL STRUCTURE EXCHANGE TSX-V : GLDL OTCQB : TLLZF SHARES OUTSTANDING OPTIONS WARRANTS (avg. C$0.30/sh) INSIDER & INSTITUTIONAL OWNERSHIP 36.5 M 0.9 M 14.8 M ~40% STRATEGIC SHAREHOLDERS TSX-V: GLDL OTCQB: TLLZF 4
Slide 5: 4 Key Projects
4 KEY PROJECTS 3 EARLY DRILL-STAGE & 1 RESOURCE-STAGE Sweden PAUBÄCKEN PROJECT STORJUKTAN PROJECT KLIPPEN PROJECT Finland OIJÄRVI PROJECT 311,000 ozs Indicated + Inferred Including: 159,000 ozs @ 4.6 g/t AuEq; & 152,000 ozs @ 2.9 g/t AuEq TSX-V: GLDL OTCQB: TLLZF 5
Slide 6: Strategy
STRATEGY Rapidly delineate a pipeline of quality targets Focus on the Gold Line projects in Sweden (Paubäcken, Storjuktan, Klippen), & Oijärvi project in Finland to make multi-million ounce gold discoveries. Utilize tried / tested exploration methodologies for systematic testing of glaciated ter
Slide 7: Management & Directors
MANAGEMENT & DIRECTORS Taj Singh, M.Eng, P.Eng, CPA | President, CEO & Director Toby Pierce, MBA | Chairman/Director 22 years experience in mining 25 years experience in resources Founding President, CEO of NOA Lithium Brines Currently CEO of TAG Oil Founder, President, CEO of Discovery Silver Corp;
Slide 8: Advisors
ADVISORS Eric Jensen, PhD Gordon Keep, P.Geo 26 years experience Currently CEO of Fiore Management & Advisory Corp., managing administration & financial services of +20 public co’s Currently GM Exploration at EMX Royalty Corporation Extensive experience in the planning and implementation of regional
Slide 9: Paubäcken Project
PAUBÄCKEN PROJECT Gold Line Belt, Sweden TSX-V: GLDL OTCQB: TLLZF TSX-V: GLDL OTCQB: TLLZF 9
Slide 10: Located Within the Prolific Gold Line Belt
LOCATED WITHIN THE PROLIFIC GOLD LINE BELT District-Scale Exploration Opportunity in Sweden Historical NI-43101 Resource 800 Significant land package within Moz @ 2.51 g/t Au emerging district • Proximity to four significant gold deposits within belt • Control of 49,000 Ha covering >85 2.5 Moz Au Re
Slide 11: Paubäcken District
PAUBÄCKEN DISTRICT Barsele Gold Project Stortjärnhobben Resource of 5.6 Mt @ Historical Non-NI43-101 NEIGHBOURING PRODUCING MINES & DEPOSITS 1.81 g/t Au Indicated, compliant Mineral Paubacken located within 25km of Several Multi-Million Ounce Gold Deposits: and 25.4 Mt @ 2.54 g/t Resource at Au Infe
Slide 12: Paubäcken Overview
Underexplored District, Exciting Opportunity in PAUBÄCKEN OVERVIEW Emerging District • 100% Gold Line Resources Ownership • 17,097 ha with 3 licenses in central Gold Line Belt • >20km of the regional with Gold Line Belt structure corridor • Underexplored – Very limited historical drilling • Kilomete
Slide 13: Paubäcken Exploration History
PAUBÄCKEN EXPLORATION HISTORY Multiple geochem anomalies coincident with geophysical targets indicate the presence of a large hydrothermal system Historical Exploration (pre-GLDL) EMX/GLDL Exploration 2021 • Most recently owned by Dragon Mining • EMX acquired project in 2019 • Previous operators inc
Slide 14: Paubäcken Recent Exploration
PAUBÄCKEN RECENT EXPLORATION Focus on Understanding Geology and Structure, & Target Generation Targeting & Ranking • Professional interpretation of existing SkyTEM Helimag data (Complete) • Develop robust geological and structural framework models to guide • exploration Identification of high priori
Slide 15: Paubäcken Recent Exploration
PAUBÄCKEN RECENT EXPLORATION Focus on Understanding Geology and Structure, and Target Generation Phase 2 Drilling • Follow up drilling at Aida target tested 650 m of 5 km structural corridor • Completed 822 m in 6 holes • Structure intercepted in all 6 drill holes confirming model • Mineralization e
Slide 16: Paubäcken Exploration Plan
PAUBÄCKEN EXPLORATION PLAN Systematic Exploration Approach Over Identified Structural Corridors To Develop and Test Targets & Step Out On Known Mineralization Geochemical Top of Bedrock Sampling Drilling • Proven technique for testing bedrock • Continue to target structural anomalism under glacial t
Slide 17: Paubäcken 18-Month Plan
PAUBÄCKEN | 18-MONTH PLAN Winter 2024 – C$385K • Aida corridor base-of-till (BoT) drilling– 80 holes C$275K • Harpsund corridor BoT drilling – 100 holes C$110K Summer 2024 – C$720K • Brokojan target base of till drilling – 80 holes C$100K • Identified Target A – 80 holes C$100K • Aida target diamond
Slide 18: Storjuktan Project
STORJUKTAN PROJECT Gold Line Belt, Sweden TSX-V: GLDL OTCQB: TLLZF TSX-V: GLDL OTCQB: TLLZF 18
Slide 19: Storjuktan Overview
• 31,428 ha license package located at the northern end of the Gold Line Mineral Belt STORJUKTAN OVERVIEW of North Central Sweden • 58 kilometres of regional first order Gold Line structural corridor • Northern extension of the Agnico Eagle-Barsele Minerals JV property – geophysical data suggest the
Slide 20: Storjuktan Exploration Plan
STORJUKTAN EXPLORATION PLAN Focus on Systematic Target Generation on 25,000 Ha Greenfields Project Area Geophysics • High resolution airborne UAV magnetic survey over entire project area (5,700 line km) • Professional interpretation to map geology and structure architecture • Develop robust geologic
Slide 21: Storjuktan 18-Month Plan
STORJUKTAN | 18-MONTH PLAN Systematic Exploration Approach Over Identified Structural Corridors To Develop and Test Targets & Step Out On Known Mineralization Fall 2023 – C$175K • UAV Magnetic survey over Storjuktan concessions (25,000 Ha, 5,690 line km, CAD $31.50/km) – CAD $175K (October) Winter 2
Slide 22: Klippen Project
KLIPPEN PROJECT Gold Line Belt, Sweden TSX-V: GLDL OTCQB: TLLZF TSX-V: GLDL OTCQB: TLLZF 22
Slide 23: Klippen Overview
Largest Au anomaly in Gold Line portfolio KLIPPEN OVERVIEW • 100% Gold Line Resources Ownership KILOMETRIC-SCALE AU AND PATHFINDER ANOMALY • 3,860 ha 100% owned and 5,550 ha under application in 2 licenses in southern Gold Line Belt • Largest and most cohesive Au in till anomaly within the Gold Line
Slide 24: Klippen Exploration History
KLIPPEN EXPLORATION HISTORY Historical Exploration (pre-GLDL) • Till sampling by Scan Mining (771 samples, outside of claim) • Till sampling by Nordic Mines (1,304 samples) • Base of Till (BoT) by Nordic Mines (286 holes) • Top of Bedrock (ToB) by Nordic Mines (224 holes, 5 samples per hole) • Diamo
Slide 25: Klippen Recent Exploration
KLIPPEN RECENT EXPLORATION Follow Up Testing of Identified Targets Targeting and Ranking • Identification of additional high priority target areas Field Mapping • Mapping and sampling of all outcrop Geochemical sampling • 2,600 Regional MEFFA till samples along structural corridor • 1 new target are
Slide 26: Klippen Exploration Plan
KLIPPEN EXPLORATION PLAN Follow Up Testing of Identified Targets Top Of Bedrock Drilling • Two target areas identified through surficial till geochem sampling • Top of bedrock drilling program planned to test source areas of both anomalies TSX-V: GLDL OTCQB: TLLZF 26
Slide 27: Klippen 18-Month Plan
KLIPPEN | 18-MONTH PLAN Systematic Exploration Approach Over Identified Structural Corridors To Develop and Test Targets & Step Out On Known Mineralization Fall 2023 – C$120K • Main anomaly base-of-till drilling - 80 holes CAD $120K Winter 2024 • Interpret results • Go/no go drilling decision Summer
Slide 28: Oijärvi Project
OIJÄRVI PROJECT Gold Line Belt, Sweden TSX-V: GLDL OTCQB: TLLZF TSX-V: GLDL OTCQB: TLLZF 28
Slide 29: Oijärvi Greenstone Belt
OIJÄRVI GREENSTONE BELT BELT-SCALE EXPLORATION OPPORTUNITY IN FINLAND ONE OF FINLAND’S LEAST STUDIED GREENSTONE BELTS 100% Interest (from Agnico Eagle Mines Ltd. June ‘21) GLD holds Exploration Reserve permits over the entire -17,600 ha belt Known endowment at Kylmäkangas and multiple other targets
Slide 30: Oijärvi History
OIJÄRVI HISTORY 1999 2007-2010 1995 Kylmäkangas Au-Ag Agnico drills on 2021 Kylmäkangas and GTK regional mineralization 2001-2007 regional targets, Gold Line intersected. In total 1980s & 1990s exploration program GTK drills 9 GTK continues airborne and Resources following up on drilling 179 regiona
Slide 31: Kylmäkangas Maiden Resource Estimate
KYLMÄKANGAS MAIDEN RESOURCE ESTIMATE MAIDEN INDICATED Total maiden Indicated Resource of 159,000 AuEq (Au + Ag RESOURCE FOR THE equivalent) ounces: 1.07 Mt KYLMÄKANGAS GOLD grading 4.6 g/t AuEq. DEPOSIT High-grade underground scenario Total Inferred Resource of 152,000 AuEq ounces: 1.63 Mt 1.5 g/t A
Slide 32: Kylmäkangas Mineralization Volumes
KYLMÄKANGAS MINERALIZATION VOLUMES • Geologically constrained based on lithology, structure, and alteration • Resource based on 67 drill holes totaling 17,678 m • 7 mineralized zones modelled • 100% of Indicated Resource in Lode 1 • 80% of total Resource in Lodes 1 and 2 • Geological modelling and M
Slide 33: Kylmäkangas Expansion Potential
KYLMÄKANGAS EXPANSION POTENTIAL Open Along Strike Open to Open to Depth Depth • Resource drilled to an average depth of 215 m depth and is open down-plunge and down-dip • Multiple high grade shoots identified plunging to the northeast • Resource identified over 1.5 km strike and open for expansion i
Slide 34: Oijärvi Gold Project Drilling Overview
OIJÄRVI GOLD PROJECT DRILLING OVERVIEW Highlights • Total of 292 drill holes totaling 51,854 m on entire OGB • 75 holes on Kylmäkangas deposit totaling 19,580 m • 217 regional holes for 32,274 m (Average depth 150 m) in an area of ~191 km2 • Excluding Kylmäkangas deposit the drilling density within
Slide 35: Kylmäkangas Deposit
KYLMÄKANGAS DEPOSIT GEOLOGY, STRUCTURE AND MINERALIZATION Plan View Section Looking NE Orogenic gold deposit model Known mineralization occurs over a 1.5 km strike within a NE/SW striking high deformation shear corridor Upper greenstone facies Archean host rocks are a folded and sheared sequence of
Slide 36: Oijärvi Exploration Plan
OIJÄRVI EXPLORATION PLAN • Surficial till geochem sampling over identified shear corridors • Systematic BoT testing of Kylmäkangas shear corridor (brownfield) • Systematic BoT drilling of regional targets (greenfield) • Up to 20,000 m of infill and definition diamond drilling to expand existing Kylm
Slide 37: Oijärvi 18-Month Plan
OIJÄRVI | 18-MONTH PLAN Systematic Exploration Approach Over Identified Structural Corridors To Develop and Test Targets & Step Out On Known Mineralization Winter 2024 – C$20K • Interpretation of geology and structure from geophysics data – Estimated C$20K (April) • Summer 2024 – C$80K • Till sampli
Slide 38: Oijärvi Core Sample
OIJÄRVI CORE SAMPLE Regional exploration hole - SAR10003, drilled in 2010 on SW side of Lake Särkijärvi, intersected the Kylmäkangas-type Au-mineralization KYL09002: 9.96g/t Au + 63.34 g/t Ag over 4.75m (187.5- 192.25m) and alteration extending the zone some +1800m to the SW 6.86 g/t Au 0.48 g/t Au
Slide 39: Oijärvi Permitting
Reserve Permits OIJÄRVI PERMITTING • Valid for one year (January 21, 2023) • Exclusive to Gold Line within this period Exploration Permits • Exploration permits valid for 4 years, with two • Non-invasive exploration allowed, including geophysics and additional renewals allowed stream sediment sampli
Slide 40: Contact
Suite 800 – 1199 West Hasting Street Vancouver, BC, Canada www.goldlineresources.com info@goldlineresources.com +1-800-858-9710 TSX-V: GLDL OTCQB: TLLZF
Slide 41: Citation
Citation *The nearby mines and deposits discussed in this news release provide context for the Projects, which occur in a similar geologic setting, but this is not necessarily indicative that the Projects host similar mineralization. B1 The historical drill intercept was completed by Lappland Goldmi
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