Bonterra Resources, Inc. · TSXV:BTR
Bonterra Resources — Investor Presentation (October 2020)
26 slides from Bonterra Resources's investor presentation, October 2020
Slide 1: Developing Québec's Next Gold Camp
TSX-V BTR | OTCQX BONXF | FSE 9BR2 Developing Québec’s NEXT GOLD CAMP Exploration and Resource Expansion in the URBAN-BARRY CAMP October 2020 TSX-V BTR | OTCQX BONXF | FSE 9BR2 1
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains "forward-looking information" within the meaning of Canadian securities legislation. Any information herein with respect to predictions, expectations, projections, objectives, assumptions or future events that are not historical facts may be "for
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS Opportunity to invest in a multi-million ounce, strategic land package in Quebec’s next gold camp Strategic Land Package in Quebec’s Next Gold • >8.5 Moz resource within rapidly growing Urban-Barry / Windfall Camp Camp • Borders Osisko’s 5.1 Moz Windfall project >2 Moz Resource
Slide 4: Capital Structure
Capital Structure Strong cash position Kirkland Lake Gold 11.0% Wexford Capital Market capitalization per resource ounce of 16.3% ~US$30 Ruffer LLP 5.2% Eric Sprott VanEck Investment Co. 6.7% 6.1% BTR Sprott Inc Capital Structure 3.1% Other CDPQ Issued & Outstanding Shares 77.5M 49.1% 2.6% Options (
Slide 5: Management & Board of Directors
Management & Board of Directors Pascal Hamelin Johnny Oliveira Marc Ducharme Cesar Gonzalez Interim CEO Chief Financial Officer Principal Geologist Chairman & Director Mr. Hamelin holds a Mining Mr. Oliveira has 20 years of experience Mr. Ducharme has over 30 years of Mr. Gonzalez co-founded and ser
Slide 6: Land Position in the Abitibi Greenstone Belt
Land Position in the Abitibi Greenstone Belt Fenelon TSX-V BTR | OTCQX BONXF | FSE 9BR2 6
Slide 7: Bonterra Overview | Land Position
Bonterra Overview | Land Position Extensive land package on the prolific Abitibi Greenstone Belt Bachelor Mill BACHELOR PROPERTY 15,550 hectares MOROY PROJECT M&I 667,000T @ 5.17 g/t Au: 111,000 oz Inferred 396,000T @ 4.32 g/t Au: 55,000 oz URBAN-BARRY PROPERTY 22,500 hectares BARRY PROJECT Indicate
Slide 8: Mineral Resources
Mineral Resources NI 43-101 Mineral Resource Estimate - May 28, 2019 MEASURED INDICATED INFERRED DEPOSIT Tonnes Au (g/t) Ounces Au Tonnes Au (g/t) Ounces Au Tonnes Au (g/t) Ounces Au Gladiator - - - 743,000 8.46 202,000 3,065,000 9.10 897,000 Barry - - - 2,052,000 5.84 385,000 2,740,000 5.14 453,000
Slide 9: Strategic Location of the Bachelor Mill
Strategic Location of the Bachelor Mill Only permitted mill in the heart of the Urban-Barry Camp 5.14 MOz Windfall TSX-V BTR | OTCQX BONXF | FSE 9BR2 9
Slide 10: Gladiator Project
GLADIATOR PROJECT TSX-V BTR | OTCQX BONXF | FSE 9BR2 10
Slide 11: Gladiator Accessibility & Infrastructure
Gladiator Accessibility & Infrastructure Site Access ► ~185 km north-northeast of Val-d’Or in the province of Quebec, Canada ► Property is accessible from Lebel-sur-Quevillon through well-maintained logging roads Infrastructure GLADIATOR PROJECT ► On-site camp suited for current work force Indicated
Slide 12: Gladiator Block Model
Gladiator Block Model Gold Resource Block Model Vertical Long Section Looking Northwest, Indicated: 743,000 t @ 8.5 g/t, 202,000 oz Resource Block Model, All Lenses Inferred: 3,065,000 t @ 9.1 g/t, 897,000 oz Projected to Section TSX-V BTR | OTCQX BONXF | FSE 9BR2 12
Slide 13: Gladiator Regional Targets
Gladiator Regional Targets Airborne Magnetics, Interpreted Structure, and Location of Resource Domain Extension Targets TSX-V BTR | OTCQX BONXF | FSE 9BR2 13
Slide 14: Barry Project
BARRY PROJECT TSX-V BTR | OTCQX BONXF | FSE 9BR2 14
Slide 15: Barry Accessibility & Infrastructure
Barry Accessibility & Infrastructure Site Access ► ~185 km north-northeast of Val- d’Or in the province of Quebec, Canada ► Property is accessible via ~110 km of well-maintained logging roads from Lebel-sur-Quevillon Infrastructure ► On-site camp; revamped in 2018 to BARRY PROJECT accommodate bulk s
Slide 16: Barry Block Model
Barry Block Model Gold Resource Block Model Vertical Long Section Looking Northwest, Indicated: 2,052,000 t @ 5.8 g/t; 385,000 oz Resource Block Model, All Lenses Inferred: 2,740,000 t @ 5.1 g/t; 453,000 oz Projected to Section TSX-V BTR | OTCQX BONXF | FSE 9BR2 16
Slide 17: Barry Underground Drill Results
Barry Underground Drill Results 2019 Drill Intercept TSX-V BTR | OTCQX BONXF | FSE 9BR2 17
Slide 18: Barry Air Mag Survey
Barry Air Mag Survey TSX-V BTR | OTCQX BONXF | FSE 9BR2 18
Slide 19: Moroy Project
MOROY PROJECT TSX-V BTR | OTCQX BONXF | FSE 9BR2 19
Slide 20: Moroy Accessibility & Infrastructure
Moroy Accessibility & Infrastructure Site Access ► 225 km northeast of Val-d’Or in the province of Quebec, Canada ► Accessible via Highway 113 from Val-d’Or ► 3.5 km from Desmaraisville township; serviceable by bus and truck transport Infrastructure ► Shaft, headframe, hoistroom, compressor room and
Slide 21: Moroy Deposit Cross Section
Moroy Deposit Cross Section TSX-V BTR | OTCQX BONXF | FSE 9BR2 21
Slide 22: Moroy Regional Targets
Moroy Regional Targets TSX-V BTR | OTCQX BONXF | FSE 9BR2 22
Slide 23: Bachelor Mill
Bachelor Mill Mill permitting process began in April 2017 to increase the existing mill capacity from 800 to 2,400 tpd Project Scope: ► Remove existing 10x12 rod mill, 3 small ballmills ► Add a SAG mill (6.4 m x 4.0 m, 2,240 kW) ► Add one ball mill ( 4.7 m x 6.4 m, 2,238 kW) ► Add a 75 ft thickener
Slide 24: Projects Timeline
Projects Timeline 2020 2021 OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Resource drilling Gladiator Resource drilling Barry Resource drilling Moroy Resources Update – 3 main deposits Preliminary Economic Assessment (PEA) Mill & Tailing Permitting Gladiator Exploration Ramp Permitting
Slide 25: Summary of Assets
Summary of Assets Overview Key Opportunities • 202 koz Au grading 8.46 g/t (Ind.) / 897 koz Au grading 9.10 g/t (Inf.) • Opportunity to add tonnage from recently • Advanced exploration project recognized ‘connector zones’ Gladiator • Road access to Bachelor mill • Deposit open down-plunge below 600-
Slide 26: Appendix
Appendix Model Parameters 1. The classification of the current Mineral Resource Estimates into Measured, Indicated and Inferred are consistent with current 2014 CIM Definition Standards - For Mineral Resources and Mineral Reserves 2. Mineral resources which are not mineral reserves do not have demon
Bonterra Resources — Investor Presentation (October 2020) on 6ix