M3 Metals Corp. · TSXV:MT
M3 Metals — Investor Presentation (May 2020)
23 slides from M3 Metals's investor presentation, May 2020
Slide 1: M3 Metals Corp. May 2020
M3 METALS CORP. MAY 2020 TSX-V: MT | OTC: MLGCF | FSE: XOVP 1
Slide 2: Forward-Looking Statements & Qualified Person Disclaimer
FORWARD-LOOKING STATEMENTS & QUALIFIED PERSON DISCLAIMER This presentation may contain forward–looking statements. Forward looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticip
Slide 3: Company Overview
COMPANY OVERVIEW Secure assets with significant upside testing new targets and extensions of historic mines Focused on developing precious and base metal opportunities North America High quality targets in stable jurisdictions with bulk tonnage deposit styles Strong proven management and share struc
Slide 4: Mohave Mine Gold Project
MOHAVE MINE GOLD PROJECT LOCATION: ARIZONA, USA A PROLIFIC MINING FRIENDLY STATE THE RIGHT PROJECT IN THE RIGHT LOCATION • New project boundary effectively consolidates the historic Weaver gold mining district • Arid location ideal for low cost heap leach style operation, leach pad already construct
Slide 5: Mohave Mine Gold Project - Untapped Upside
MOHAVE MINE GOLD PROJECT UNTAPPED UPSIDE • 10 square kilometres with significant gold values and widths recently identified by M3 Metals including 3 meters @ 41.77 g/t Au. • Most of the property has never been drilled including many of the historic mines • M3 Metals identified repeating “stacked” st
Slide 6: Mohave Mine Gold Project - Existing Infrastructure
MOHAVE MINE GOLD PROJECT EXISTING INFRASTRUCTURE Existing heap leach pad was built on site in 1990’s but never had material stacked and never had any chemicals introduced • No pre-existing chemicals means existing site can still be used Initial material from Klondyke Mine already stockpiled next to
Slide 7: Mohave Mine Gold Project - Existing Infrastructure
MOHAVE MINE GOLD PROJECT EXISTING INFRASTRUCTURE • 350 tonne per hour crushing plant on site in good condition • Plant includes • primary jaw crusher • Shaker deck • Dual secondary cone crushers • Stacker Conveyors • Upgrades needed include generators and electrical and new gold extraction carbon mi
Slide 8: Growth and Value Strategy
GROWTH AND VALUE STRATEGY Low Geopolitical Risk in Arizona, a mining friendly state - Continue Plan of - Begin aggressive Drilling - Complete 43-101 - Continue Modified Plan - Infill Drilling and Operation and complete program aimed to compliant resource of Operation to advance metallurgy, PEA/PFS E
Slide 9: Significant widespread gold values
Significant widespread gold values TSX-V: MT | OTC: MLGCF | FSE: XOVP PAGE | 9
Slide 10: Multiple Styles of mineralization identified
Multiple Styles of mineralization identified Numerous untested drilling targets exposed at surface with high grade gold values over 10 square kilometre area. Many of the samples only represent small potion of larger mineralized zones. TSX-V: MT | OTC: MLGCF | FSE: XOVP PAGE | 10
Slide 11: Additional high grade mineralization yet to be found
Additional high grade mineralization yet to be found 3m @ 41.77g/t Geological modeling and historical drilling indicates high potential for similar zones to be repeated at depth TSX-V: MT | OTC: MLGCF | FSE: XOVP PAGE | 11
Slide 12: Multiple repeating zones ("stacked zones") of mineralization
Multiple repeating zones (“stacked zones”) of mineralization Recent identification of sub parallel Many areas caring multiple grams per repeating zones of mineralization tonne in oxide at surface – extensive along detachment/fault/breccia and wide spread mineralization surfaces. Mineralizing system
Slide 13: High grade areas historically supported underground mining
High grade areas historically supported underground mining Historic mines thought to have operated at ~0.5 ounces per tonne. Old mining only removed relatively small amount of material within widespread areas of gold mineralization spread over 10 kilometres squared TSX-V: MT | OTC: MLGCF | FSE: XOVP
Slide 14: M3 Metals Mohave Project Comparison
M3 METALS MOHAVE PROJECT COMPARISON M3 Metals Corp Integra Resources Prime Mining Corp Project Mojave - Arizona DeLamar - Idaho Los Reyes - Mexico Ownership Option to acquire 100% 100 % owned Option to acquire 100% Size of property 3200 Acres 5300 Acres 15500 Acres Project Stage Development/explorat
Slide 15: Mohave Mine Gold Project - Summary
MOHAVE MINE GOLD PROJECT - SUMMARY LOW COST PRODUCTION • Cost effective low-capital heap leach style operation • Low Strip Ratios - mineralization occurs at or near surface • Initial production could start at Klondyke zone where historic drilling outlined mineralization for first 3 years at 30k ounc
Slide 16: Other Projects
OTHER PROJECTS TSX-V: MT | OTC: MLGCF | FSE: XOVP PAGE | 16
Slide 17: Block 103 - Preliminary Economic Assessment Highlights
BLOCK 103 - PRELIMINARY ECONOMIC ASSESSMENT HIGHLIGHTS 2013 pricing / assumptions • Robust Project Economics: • NPV (at 8% discount) of CAD$7.4B • IRR of 19.3% • 30 year mine life based on ¼ of resource • Pellet production rate of 16.6MTPA of superior quality acid pellets at 67% Fe • Total operating
Slide 18: Block 103
BLOCK 103 UNIQUE INVESTMENT OPPORTUNITY TIMING IS GOOD • Potential for DSO on the project MASSIVE, WORLD CLASS RESOURCE • Strong Iron Prices • Higher quality iron ore products HIGH QUALITY / HIGH PURITY attracting significant premiums • The move to cleaner steel production has started ASSET WELL ADV
Slide 19: Stars Copper Project - Drill Hole Chemistry
STARS COPPER PROJECT DRILL HOLE CHEMISTRY INDICATES MULTIPLE TARGETS • Drilling to date has identified copper mineralization with several sulphide minerals including pyrite-only mineralization transitions to pyrite-chalcopyrite to chalcopyrite-only to chalcopyrite-bornite indicating large “zoned” sy
Slide 20: Aspen Gold Silver Project
ASPEN GOLD SILVER PROJECT ➢ Property on margin of ~5km wide ovoid magnetic halos interpreted as regional control for mineralization in district such as the 9.6Million ounce Blackwater gold deposit (New Gold Inc.) ➢ Hosts multiple magnetic and IP (Induced Polarization) chargeability targets associate
Slide 21: Management Team
MANAGEMENT TEAM KOSTA TSOUTSIS ADRIAN SMITH MARCO MONTECINO BRIAN MORRISON P.Geo., B.Sc. CA CEO & Director President and Director Director CFO & Director Mr. Montecinos is a respected mining professional with over 35 Kosta Tsoutsis brings over 20 years Adrian Smith graduated from years’ experience i
Slide 22: Capitalization
CAPITALIZATION M3 Metals: Share Structure Listing & Symbol TSX-V : MT ; FSE: X0VP ; OTC: MLGCF Share Price $0.16 Market Capitalization 4,878,000 (CAD$) Shares Outstanding 30,487,273 Options $0.17 2,970,000 May 13, 2024 Warrants $1.20 1,273,750 June 26, 2020 $0.80 35,700 June 26, 2020 $1.40 302,500 J
Slide 23: Contact Information
CONTACT INFORMATION VANCOUVER OFFICE Suite 2310 – 1177 West Hastings Street Vancouver, BC V6E 2K3 Kosta Tsoutsis kosta@m3metalscorp.com 604.669.2279 m3metalscorp.com TSX-V: MT | OTC: MLGCF | FSE: XOVP TSX-V: MT | OTC: MLGCF | FSE: XOVP PAGE | 23