Black Bear Minerals Limited · ASX:BKB

Black Bear Minerals — James Bay Minerals — Resources Rising Stars (October 2024)

13 slides from Black Bear Minerals's conference presentation, Oct 31, 2024

  1. Slide 1: Resources Rising Stars - Investor Presentation

    RESOURCES RISING STARS - INVESTOR PRESENTATION ASX CODE: JBY TRANSFORMATIONAL INDEPENDENCE GOLD PROJECT ACQUISITION 31 October 2024

  2. Slide 2: Important Information

    Important Information DISCLAIMER & CAUTIONARY STATEMENTS Foreign Estimate of Mineralisation This Presentation has been prepared by James Bay Minerals Limited (Company) based on This Presentation contains references to the foreign mineral resource estimate for the Independence information from its ow

  3. Slide 3: Independence Gold Project Highlights

    Independence Gold Project Highlights (Subject to Shareholder approval at annual general meeting on 29 November 2024) ✓ Advanced project located in Nevada, America’s top-tier gold mining jurisdiction ✓ NI 43-101 Mineral Resource Estimate of 1.18Moz Gold with 7.6Moz silver credit1 ✓ High grade compone

  4. Slide 4: Corporate Summary - Post Acquisition

    Corporate Summary - Post Acquisition* Current Shares on Issue Market Capitalisation 60.71M $55.155M Transaction Consideration and Placement Shares** Cash in Bank 28.25M ~$2,74M (Excluding ~$888k Accrued Canadian Mining Tax Credits) Total Post Transaction Shares on Issue 88.96M Share price (Close Pri

  5. Slide 5: Board of Directors

    Board of Directors Andrew Dornan Gerard O’Donovan Judy Baker Dean Ercegovic Executive Director Non-Executive Chair Non-Executive Director Non-Executive Director Founder of ASX: JBY and SS1 with over 19 Executive Director of Sun Silver, holding a large 8-year Director of Nemaska Lithium Founding Dire

  6. Slide 6: World Class Jurisdiction & Advanced Permitting

    World Class Jurisdiction & Advanced Permitting • Nevada has consistently been voted top mining jurisdiction by the Frasers Institute. • ~75% of the US gold comes from Nevada. • Direct neighbours NGM (Newmont / Barrick JV). • Project sits within the Phoenix Mine Complex Plan of Operations. • Advanced

  7. Slide 7: NI 43-101 Mineral Resource

    NI 43-101 Mineral Resource Independence Near Surface Mineralisation Measured and Indicated Resources • Updated estimate in May 2021 incorporating data from Oxidation Ounces Ounces Ounces 92 RC holes. (Cutoff) Tonnes Gold Silver Gold Eq. Gold Silver GoldEq (gr. Au/tonne) Oxide (0.175) 24,100,000 0.35

  8. Slide 8: High Grade Skarn – World Class Potential

    High Grade Skarn – World Class Potential • Current NI 43-101 Inferred resource of 796,200 oz gold @ 6.5 g/t based on holes drilled by Noranda between 1984 and 1987, and two core holes drilled by Great Basin Gold in 1997. • Skarn has significant expansion potential to the north, south and at depth. •

  9. Slide 9: Near Surface – Resource Expansion

    Near Surface – Resource Expansion Near-surface high-grade drilling intercept outside existing mineral resource2: • 24.4m at 9.11g/t Au and 25.2g/t Ag (Hole AGEI-32), including: 18.3m at 12.06g/t Au and 30.7g/t Ag 9.1m at 23.16g/t Au and 49.8g/t Ag Near-surface high-grade drilling intercepts include2

  10. Slide 10: N.G.M Phoenix Gold Complex

    N.G.M Phoenix Gold Complex (Newmont and Barrick Joint Venture) Mine Statistics Annual Production 240 k Oz p.a. Gold Grade As low as 0.32 g/t Strip Ratio 1.17 Recovery Up to 78% N.G.M. Nevada Complex's James Bay Minerals 10 Phoenix has the lowest-cost operation of N.G.M’s Operations (Cash Cost and AI

  11. Slide 11: Forward Looking Strategy / Value Levers

    Forward Looking Strategy / Value Levers • Shareholder vote at AGM 29 November 2024 • Expand and convert NI 43-101 Mineral Resource to JORC 2012 • Grow existing resource base with drilling planned for Q4 2024 • Upgrade resource classification of near surface Inferred Mineral Resource • Undertake stud

  12. Slide 12: Contact Information

    Contact Information: Investor Relations: Andrew Dornan Nicholas Read Executive Director Read Corporate James Bay Minerals Limited Phone: (08) 9388 1474 www.jamesbayminerals.com.au Email: nicholas@readcorporate.com.au

  13. Slide 13: Appendix – NI 43-101 Mineral Resource

    Appendix 1 – NI 43-101 Mineral Resource Independence Near Surface Mineralisation Measured Resources Oxidation (Cutoff) Ounces Ounces Ounces Tonnes Gold Silver Gold Eq. (gr. Au/tonne) Gold Silver GoldEq Oxide (0.175) 7,634,000 0.38 9.71 0.43 92,500 2,382,000 105,800 Transition (0.215) 946,000 0.47 9.

James Bay Minerals — Resources Rising Stars (October 2024) on 6ix