Spc Nickel Corp. · TSXV:SPC
Spc Nickel — Investor Presentation (January 2023)
29 slides from Spc Nickel's investor presentation, January 2023
Slide 1: Building a Preeminent Nickel Company
BUILDING A PREEMINENT Nickel Company Corporat e Presenta t ion Q1 2023
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT This Presentation contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation about SPC Nickel Corp. (“SPC Nickel”, “SPC”). Forward-looking information includes statements about strategic plans, including f
Slide 3: Our Path to Success
OUR PATH TO SUCCESS High Quality Assets Money in the Ground Advancing West Graham – Crean Hill Aggressive five-year program 3 Property to an open pit planned for the West Graham – development decision. Crean Hill 3 Property. Market Cycle Experienced Management Well positioned to take advantage of Te
Slide 4: Asset Portfolio Overview
ASSET PORTFOLIO OVERVIEW ❖ Lockerby East Project – located adjacent to the past producing Lockerby Mine in the Sudbury Mining Camp. Hosts the Lockerby East Deposit, West Graham Deposit and the newly added Crean Hill 3 Property. ❖ Large tonnage open-pit potential (>20Mt) above 550 metres and high-gra
Slide 5: Focused on the World Class Sudbury Mining Camp
FOCUSED ON THE WORLD CLASS SUDBURY MINING CAMP >$1 incurrent total historic production and known reserves in >1.7 total ore mined to date, with 40 billion lbs. of nickel, 36 billion lbs. Trillion prices Sudbury at today’s commodity Billion of copper, 70 million oz of PGMs and 283 million oz of silve
Slide 6: Sudbury Mining Camp
SUDBURY MINING CAMP SPC:TSXV 6
Slide 7: Location - Hub of Activity
LOCATION - HUB OF ACTIVITY SW Corner of Sudbury Basin ❖ SPC recent 5,200m program at Lockerby East ❖ Totten Mine in production since 2010. ❖ 10.5Mt @ 1.5% Ni, 2.0% Cu, 4.8 g/t PGM ❖ Victoria Project – in development - >$1.0B ❖ 14.5Mt @ 2.5% Ni, 2.5% Cu, 7.8 g/t PGM ❖ Magna Mining is actively drillin
Slide 8: Crean Hill 3 – A Transformative Opportunity
CREAN HILL 3 – A TRANSFORMATIVE OPPORTUNITY ❖ Agreement designed to consolidate and unluck the full potential of the West Graham and Crean Hill 3 deposits. ❖ Estimated that 2/3 of the mineralization is hosted on the Crean Hill 3 Property ❖ Non-dilutive acquisition for the company, no cash or equity
Slide 9: Greater Than the Sum of Its Parts
GREATER THAN THE SUM OF ITS PARTS WEST GRAHAM CREAN HILL 3 OPEN PIT POTENTIAL + = • 8.55Mt @ 0.45% Ni, 0.31% Cu • 16.78Mt @ 0.43% Ni, 0.30% Cu • Large tonnage, >20Mt (historic indicated resource) (historic mineral estimate) • Opportunity to evaluate and develop a • Containing over 100M lbs. of Ni an
Slide 10: Lockerby East Property
LOCKERBY EAST PROPERTY ❖ Acquired in 2016, the Lockerby East Property consists of five mining patents covering 390 Ha. ❖ SPC has entered into an Agreement with Vale to earn an 100% interest in the Crean Hill 3 Property. ❖ Lockerby East Property hosts the past producing Lockerby East Mine and the lar
Slide 11: Lockerby – Lockerby East Area
LOCKERBY – LOCKERBY EAST AREA A A’ Geology – Ore Zones ❖ High-grade, high-tenor massive Ni-Cu sulphide mineralization along the basal contact of the Sudbury Basin (Ellen Pit, Lockerby and Lockerby East) ❖ Broad zones of high-tenor blebby sulphide within the overlying hanging wall (Ellen Pit, West Gr
Slide 12: West Graham Deposit - 2022
WEST GRAHAM DEPOSIT - 2022 Geology ❖ Characterized by a broad zone of high-tenor blebby to semi-massive Ni- 350m of strike length Cu sulphides ❖ Zone is up to 82 metres thick and strikes for 350 metres with a dip extent of 525 metres ❖ Within the larger resource, a distinct zone of higher-grade mine
Slide 13: Crean Hill 3 Opportunity
CREAN HILL 3 OPPORTUNITY Mineralized outline based on 0.3% NiEq. cut-off. Estimated that 2/3 of mineralization is located on the CH3 Property. The historical technical information presented in this document was obtained from historical work reports produced by Vale Canada Limited or by First Nickel
Slide 14: Crean Hill 3 Opportunity
The historical technical information presented in this document was obtained from historical work reports produced by Vale CREAN HILL 3 OPPORTUNITY Canada Limited or by First Nickel Inc and has not been independently verified by a Qualified Person as defined by NI 43 101. True widths for holes on th
Slide 15: Multiple Exploration Opportunities
MULTIPLE EXPLORATION OPPORTUNITIES 1. Crean Hill 3 – West Graham 1. ❖ Excellent potential to expand the West Graham Deposit an additional 600 metres to 3. the west through the recently acquired Crean Hill 3 Property ❖ Updating a global resource for the combined Property ❖ Up-dip extensions of the ‘h
Slide 16: Aer-Kidd Property
AER-KIDD PROPERTY AER-KIDD PROPERTY ❖ Located between the Totten Mine (10.5Mt @ 1.5% Ni, 2.0% Cu, 4.8g/t PGM) and KGHM’s Victoria deposit (14.5Mt @ 2.5% Ni, 2.5% Cu and 7.6 g/t PGM) ❖ 3 past producing mines (Howland, Robinson and Rosen) ❖ Best intersection: 1.42% Ni, 0.62% Cu over 8.91m. SPC:TSXV 16
Slide 17: Aer-Kidd Property
AER-KIDD PROPERTY AER-KIDD OPPROTUNITY ❖ Well position between two world-class Ni assets. ❖ Several smaller zones that require additional drilling to follow-up on mineralization. ❖ Prospective areas above 1,500m that remain untested. ❖ Below 1,500m remains virtually untested. ❖ Compile data and deve
Slide 18: Janes Property
JANES PROPERTY JANES PROPERTY ❖ Located 50 km northeast of Sudbury. ❖ Option agreement to earn a 100% interest in the property. ❖ Property hosts both near-surface PGM-rich mineralization as well as high-grade massive nickel mineralization at depth. ❖ Historic drilling returned 1.51% Ni, 1.86% Cu, 1.
Slide 19: Muskox Property
MUSKOX PROPERTY MUSKOX PROPERTY ❖ Property is located 400 km north of Yellowknife, NWT and 100 km south of the community of Kugluktuk, NVT. ❖ Located in the Kitikmeot Region of Nunavut. ❖ Accessible by either float plane or helicopter. ❖ A unique camp scale opportunity for the discovery and developm
Slide 20: Muskox Property
MUSKOX PROPERTY MUSKOX PROPERTY ❖ SPC has a 100% ownership of 45,900 hectares in 14 mining claims and two prospecting permits. ❖ Separated into the North and South Block. ❖ North block is located in CO-52. Surface rights only Inuit owned lands (IOL). South block is on Crown Land ❖ One of the largest
Slide 21: Muskox Property
MUSKOX PROPERTY A unique camp scale opportunity for the discovery and development of a new world-class Tier 1 Ni-Cu-PGM district ❖ A unique camp scale opportunity for the discovery and development of a new world-class Tier 1 Ni-Cu-PGM district. ❖ Well-established prospective geological settings with
Slide 22: Investment Highlights
INVESTMENT HIGHLIGHTS ❖ Addition of the Crean Hill 3 Property provides a clear path forward for SPC Nickel to develop a large tonnage (>20Mt) resource close to infrastructure ❖ West Graham Property hosts a historic resource of 8.55Mt @ 0.45% Ni, 0.31% Cu (indicated) and 2.00Mt @ 0.38% Ni and 0.30% N
Slide 23: Corporate Share Structure
CORPORATE SHARE STRUCTURE CORPORATE SHARE STRUCTURE Outstanding 125,034,254 MAJOR SHARE HOLDERS Option 8,065,000 Dundee Goodman Transition Metals Corp. Warrants 14,561,6521 Merchant Partners Karora Resources Leede Jones Gable Fully Diluted 147,660,906 Resource Capital Fund Libra Capital Group Cash (
Slide 24: Market Comparison
MARKET COMPARISON Canada North Company SPC Nickel SPC Nickel Tartisan Nickel Archer Exploration Magna Mining Canada Nickel Talon Metals Resources Ticker SPC.V SPC.V TN.CSE RCHR.CSE NICU.V CNC.V CNRI.V TLO.T West West Graham + Shakespeare / Primary Asset Kenbridge Grasset Crawford Ferguson Lake Tamar
Slide 25: Management & Directors
MANAGEMENT & DIRECTORS Seasoned team with a proven track record of advancing assets from discovery to production Grant Scott Guy Mourre McLean Mahaffy President, CEO & Director Executive Director Chief Financial Officer • Professional Geologist with over 25 • President and CEO of Transition • Over 2
Slide 26: Management & Directors
MANAGEMENT & DIRECTORS Seasoned team with a proven track record of advancing assets from discovery to production William Alistair Olav Alger Brian Shaver Ross Langelaar St. Jean Montgomery Director Director Director Director Director • Chief Operating Officer of • 40+ years experience in • 20+ years
Slide 27: Thank you!
Thank you! Grant Mourre, President & CEO For more information contact me at: gmourre@spcnickel.com 1-705-929-8694 (Canada) SPC:TSXV 27
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Slide 29: Crean Hill 3 Agreement Terms
CREAN HILL 3 AGREEMENT TERMS ❖ Cooperation Agreement between SPC Nickel Corp. and Vale Canada Limited ❖ Non-dilutive acquisition for the company, no cash or equity on signing ❖ Estimated that 2/3 of the mineralization is hosted on the Crean Hill 3 Property To earn an 100% Interest, SPC must: ❖ Deliv