Vulcan Minerals Inc. · TSXV:VUL
Vulcan Minerals — Investor Presentation (May 2022)
27 slides from Vulcan Minerals's investor presentation, May 2022
Slide 1: Vulcan Minerals Overview
Vulcan Minerals Overview May 2022
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation may include “forward looking statements”. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding exploration results, future plans, and objectives of Vulcan Minerals Inc. are forward l
Slide 3: Vulcan - Red Moon
Vulcan - Red Moon Vulcan Minerals - Listed on Toronto Stock Exchange (Venture) • Gold and base metal exploration and development company focussed on projects in Newfoundland and Labrador, Canada Atlas Salt– Listed on Toronto Stock Exchange (Venture) • A subsidiary of Vulcan (36% ownership) • Industr
Slide 4: Project Location
Lae ; ; [ses re Project Location TSX V:VUL _ VULCONnN minegrats inc TSX V:VUL
Slide 5: Central Newfoundland Gold
vutcan Central Newfoundland Gold TSX V:VUL © .Grand Falls-Windsor, Historic Buchans. ce a, VMS Mine eg ea wt ee a Bid, or PiBeaver Brook Antimony Mine b y coral a J )Wew Found Gold Discovery m @ (92 g/t/19 m) Alderwilding Gold Discovery g = , ander Lizard Pond South Project ae a Red Cross i s Lake P
Slide 6: Gander Belt Highlights
Gander Belt Highlights • Gander North Claims cover known alteration systems associated with gold showings including the Jonathan’s Third Pond copper-gold showing which includes a zone of silicification, quartz stockwork and brecciation with up to 0.5 g/t gold and 0.8 % copper (grabs) indicative of e
Slide 7: Gander North Gold
= vutcan Gander North Gold TSX V:VUL ge Till 24, ppb Au in Alteration Zone Till Anomaly up to.410)g/t Au : " 4 New Found Gold ; \ 600+.m Epithermal Discovery, | (92/g/t Au/19 m) Mt. Peyton Intrusive Vulcan Minerals Gander North Gold Projects cd © Gold Occurrence (MODS) 3 — Structural Boundary — Majo
Slide 8: Gander South Gold
= vutcan Gander South Gold TSX V:VUL ya T 4 Fas 84dy & Gold in ee Mt: Peyton Intrusives / Intrusion Beaver Brook 4 ma 8 Antimony Mine 8 | ° z BS | _* Gold & Arsenic (Stream Silt) 2 a [3 (Trench) 2 ‘a B Vulcan Minerals Gander South Gold Projects © Gold Occurrence (MODS) fl am — Structural Boundary aL
Slide 9: Red Cross Lake (Marathon)
Red Cross Lake (Marathon) Red Cross Lake offsets Marathon Gold’s expanding new gold deposit and contains a gabbro-troctolite that has potential for Ni-Cu-Co
Slide 10: Red Cross - Favorable Structural Setting
Red Cross - Favorable Structural Setting
Slide 11: Regional Lake sed Au anomaly extends into claim block
Regional Lake sed Au anomaly extends into claim block
Slide 12: Gold in Soil Anomalies
Gold in Soil Anomalies 5.8 g/t Au Float _ ^ Marathon Gold Corp Claims
Slide 13: Gabbro-Troctolite Dilational Intrusive
Gabbro-Troctolite Dilational Intrusive
Slide 14: Magmatic Nickel Emplacement Model
Magmatic Nickel Emplacement Model • Primitive (Ni-Mg enriched) Lower Series melt sheets emplaced along structures • Magma contaminated by country rocks (external sulfur) relatively early • Sulfide saturation reached –immiscible melt locally forms sulfide accumulations, some which are transported up-
Slide 15: Nickel Potential - High Flow Dynamics
Nickel Potential - High Flow Dynamics • Sulfide globules/droplets are interpreted as evidence for transportation of immiscible sulfide melts; distinct from interstitial sulfides • Relatively delicate structures do not survive large transport distances and are considered by some to be evidence of lar
Slide 16: Colchester/Springdale Copper and Gold
Colchester/Springdale Copper and Gold
Slide 17: Colchester / Springdale Geology
Colchester / Springdale Geology
Slide 18: Colchester/Springdale Historical Drilling
Colchester/Springdale Historical Drilling
Slide 19: Colchester Historical Copper Results
Colchester Historical Copper Results Hole-ID Zone From (m) To (m) Length (m) Composited Cu (%) 436-11 McNeilly 86.28 90.83 4.55 4.55 m @ 3.82% • Historical drilling in 3 major 436-16 436-16 Colchester Colchester 142.30 167.94 157.60 178.13 15.30 10.19 15.30 m @ 1.02% 10.19 m @ 1.07% zones between 19
Slide 20: Resource Potential Wide Open
Resource Potential Wide Open Main Zone Historic Resource 1,000,000 tons at 1.3% copper at 0.85 % cutoff (1967) encompasses only 40% of the area subsequently drilled. Based on 3D digital modelling, internal estimates indicate approximately a 3,000,000 tonne resource (not NI 43 101 compliant) and open
Slide 21: Trenching – IP Survey
Trenching – IP Survey Trenching & IP • Majority of historic trenches are in-filled • Recent IP survey confirmed known anomalies to a degree never before seen (in 3D and 2D) • Identification of large, 500 m diameter, undrilled IP anomaly at Andrew’s Pit Zone, high priority drill target
Slide 22: Select Colchester Gold Intercepts
Select Colchester Gold Intercepts Hole-ID Zone From (m) To (m) Length (m) Composited Au (g/t) • Historical drilling in 3 major 3.85 m @ 5.86 g/t CC-03-02 Colchester 76.20 80.05 3.85 2.55 m @ 9.79 g/t zones between 1967 to CC-03-03 Colchester 30.85 33.40 2.55 CC-03-03 Colchester 61.55 62.65 1.10 1.10
Slide 23: Gold Prospects - Springdale
Gold Prospects - Springdale Numerous under-explored gold showings northeast of Maritime Resources’s Hammerdown gold Mine (currently being revitalized) Burnt Berry Zone has an historic channel sample of 6.6 g/t Au over 7 m (priority prospect)
Slide 24: Voisey’s Bay South Nickel
Voisey’s Bay South Nickel Voisey’s Bay South – analogous to Voisey’s Bay geology 80 kilometers south of Voisey's Bay mine Optioned to Fjordland Exploration Inc. Voisey’s Bay Mine Reserves (2016): Classification Reserves (Mt) Ni(%) Cu(%) Co(%) Proven 18.4 2.35 1.12 0.13 Probable 15.4 2.02 0.89 0.13 T
Slide 25: Voisey’s Bay South Nickel
L—— morse Voisey’s Bay South Nickel "VY"
Slide 26: Exploration Program 2022-2023
Exploration Program 2022-2023 Exploration program 2022-2023 New Project Generation – solicit partners for new projects Red Cross Lake – geochemical sampling & drilling Colchester/Springdale – trenching & drilling on known prospects and IP targets. Geochemical sampling & prospecting on under explored
Slide 27: Atlas Salt (Subsidiary) Industrial Minerals 2022-2023
Atlas Salt (Subsidiary) Industrial Minerals 2022-2023 Ace Gypsum – Cement Industry • 2021 production of 160,000 tonnes. • Pursue reclamation of gypsum from historical waste piles to supplement Ace mine production Great Atlantic Salt Deposit – Road de-icing • 900,000,000 tonne NI 43-101 inferred reso