Somerset Minerals Limited · ASX:SMM
Somerset Minerals — Tempus Resources — Investor Presentation (January 2021)
27 slides from Somerset Minerals's investor presentation, January 2021
Slide 1: An Americas Focussed Gold Explorer and Developer
AN AMERICAS FOCUSSED GOLD EXPLORER AND DEVELOPER INVESTOR PRESENTATION January 2021 ASX: TMR TSX.V: TMRR
Slide 2: Disclaimer
DISCLAIMER Certain statements in this presentation are forward-looking statements. requirements and risks; currency fluctuations; government regulation and Forward-looking statements consist of statements that are not purely policy risks; the Company has no history of mining operations; property tit
Slide 3: Why Invest in Tempus Resources
WHY INVEST IN TEMPUS RESOURCES > New gold company with listing on ASX (TMR) > Experienced board and management team with and TSX.V (TMRR) and with application for a track record of success. Recently appointed OTCQB listing in process. Canadian based President and two Canadian Non Exec Directors to d
Slide 4: Achievements in 2020
ACHIEVEMENTS IN 2020 Project Milestones Corporate Milestones Blackdome / Elizabeth Project (BC) Fund Raising – A$7.8 million raised > In May 2020, Tempus became the first foreign issuer > Received 5-year multi-area-based Exploration to raise “flow through” funding in Canada raising Permits for both,
Slide 5: Capital Structure
CAPITAL STRUCTURE Share and Capitalization Metrics Shareholder Structure Issued and 86.4M Institutional Investors Outstanding1 (Sprott, Middlefield)10% Options on Issue1 11.2M (Avg Ex price A$0.24) Board/Management /Insiders 15% Performance Rights1 3.4M Retail Investors 75% Fully Diluted 101.1M Shar
Slide 6: Board of Directors & Management
BOARD OF DIRECTORS & MANAGEMENT Alexander Molyneux Gary Artmont Tony Cina Tom Peregoodoff Non-Executive Chairman Non-Executive Director Non-Executive Director & Head of Non-Executive Director Audit Committee Mining industry executive and Senior exploration geologist with over 40 Mr. Peregoodoff has
Slide 7: Canada: Blackdome-Elizabeth Gold Project
CANADA BLACKDOME-ELIZABETH GOLD PROJECT TEMPUS RESOURCES LTD. (ASX: TMR / TSX.V TMRR) | 7
Slide 8: Location and Regional Production
LOCATION AND REGIONAL PRODUCTION > Located approximately 200 km north of Vancouver by paved highway in a prolific gold producing area in southern British Columbia > 35 km northeast of past producing Bralorne Gold Mine, which produced 4.2 m ounces of gold (avg head grade of 17.7 g/t) from 1928 to 197
Slide 9: Blackdome-Elizabeth Historical Resource Estimates
BLACKDOME-ELIZABETH HISTORICAL RESOURCE ESTIMATES > Resources of approximately 300k oz of gold (50k oz Indicated / 250k oz Inferred) have been estimated across the Blackdome-Elizabeth mineral claims (based on historic esitmates) > The current drill program is focused on expansion and infill drilling
Slide 10: Proven Producer
PROVEN PRODUCER > The Blackdome Project includes a 300 tonne/day conventional gravity separation and flotation mill and permitted tailings storage facility > The previous production history and high metallurgical recoveries (avg +93% over historic production life) significantly de-risks the project
Slide 11: Blackdome Exploration - 2020
BLACKDOME EXPLORATION - 2020 > Historical mining at Blackdome was restricted primarily to the No.1 and No.2 veins (this represents only 25% of the total prospective exploration potential) > The focus of the 2020 exploration program was to increase both the size and confidence level of the Blackdome
Slide 12: Blackdome Drilling Results - 2020
BLACKDOME DRILLING RESULTS - 2020 HOLE-ID FROM TO Length AU AG Vein > No.3 vein drilling results from BD-20-21 49.00 162.30 113.30 0.47 3.3 No. 3 2020 drilling program including 83.00 85.05 2.05 2.19 109 No. 3 including 122.40 123.30 0.90 16.7 9.8 No. 3 > Results indicate broad BD-20-22 58.00 126.50
Slide 13: Blackdome Drilling Results - 2020 (Con't)
BLACKDOME DRILLING RESULTS - 2020 (Con’t) > Recent drilling has shown the Giant, Redbird and No.17 Giant Vein BD-20-12 139m veins to be vuggy in nature and intensely altered surrounding mineralized zones. > Vein textures (bladed calcite in photos) identified in core and in outcrop suggest these vein
Slide 14: Elizabeth Gold Project
ELIZABETH GOLD PROJECT Visible gold in 2010 drill core from Elizabeth > View from Upper Portal TEMPUS RESOURCES LTD. (ASX: TMR / TSX.V TMRR) | 14
Slide 15: Elizabeth – Drilling Completed in 2020
ELIZABETH – DRILLING COMPLETED IN 2020 > 2,006 m of the originally planned 6,000 m of drilling completed in 2020 > Drilling to re-start spring/summer 2021 > Drilling to target known veins at depth and along strike > 25 person ATCO trailer camp refurbished in 2020 > 5 year exploration permit in place
Slide 16: Elizabeth – SW Vein Long-Section
ELIZABETH – SW VEIN LONG-SECTON > Drilling to date has been shallow SW Vein – Elizabeth only targeting Looking Northwest 200m from surface > Mesothermal type vein system analogous with Bralorne, which 200m was mined to ~2,000 m > Minimal drilling along strike of SW Vein and the West and Main High gr
Slide 17: Significant Exploration Potential: Elizabeth
SIGNIFICANT EXPLORATION POTENTIAL: ELIZABETH > Visible gold identified in December 2020 over total interval length of two metres within a five metre quartz vein. > Assays expected in February 2021 Red line indicates Elizabeth Drill core from hole EZ-20-06 interval with Visible Gold TEMPUS RESOURCES
Slide 18: Significant New Gold Anomaly Near Elizabeth
SIGNIFICANT NEW GOLD ANOMALY NEAR ELIZABETH > Significant new gold in soil anomaly discovered 2019 > Results up to 0.66 g/t. > Supported by coincident pathfinder element anomalies > Trenching and Drilling this year > Potential for completely new discovery > HIGHLIGHTS SIGNIFCANT UNEXPLORED REGIONAL
Slide 19: Blackdome-Elizabeth – Exploration Plan 2021
BLACKDOME-ELIZABETH – EXPLORATION PLAN 2021 The key exploration goal for 2021 is to increase the size and confidence level of the Blackdome/Elizabeth Resource Estimates to support an economic study for the development and restart of mine operations. > BLACKDOME > ELIZABETH > Conduct alteration mappi
Slide 20: Mineral Creek Project
MINERAL CREEK PROJECT > The Mineral Creak Project consists of 42 contiguous mineral claims totalling approximately 9,900 hectares located on Vancouver Island, British Columbia. > Mineral Creek has a long history of gold mining, dating back to the late 1800’s where placer gold was mined from Mineral
Slide 21: Ecuador: Zamora Projects
ECUADOR ZAMORA PROJECTS
Slide 22: Ecuador: Zamora Projects (100%)
ECUADOR: ZAMORA PROJECTS (100%) > Zamora assets provide high quality early > Ecuador has become one of the most sought stage gold exploration prospects in Ecuador: after exploration jurisdictions for gold and > Rio Zarza Project is immediately base metals exploration: BHP, Fortescue, adjacent to the
Slide 23: Ecuador: Zamora Mineral District
ECUADOR: ZAMORA MINERAL DISTRICT > The Zamora Mineral District is situated at the southern end of the Cordillera Real tectonic terrane, cored by Paleozoic metamorphics, intruded by three Jurassic batholith complexes and co-magmatic volcanics > Fruta del Norte hosts an NI43-101 Indicated Mineral Reso
Slide 24: Rio Zarza: Adjacent to Fruta del Norte
RIO ZARZA: ADJACENT TO FRUTA DEL NORTE > Exploration at Rio Zarza was carried out > Testing equivalent stratigraphic positions to between 2008 - 2012 and 2019, includes Fruta del Norte, interpreted to occur deeper surface magnetics, IP, gravity surveying, on the Rio Zarza concession soil/stream samp
Slide 25: Rio Zarza Target Enhancement
RIO ZARZA TARGET ENHANCEMENT > Resistivity data from recent ZTEM survey highlights likely continuation of FdN hosts rocks under Rio Zarza > New, previously unavailable assays from the only previous deeper hole show anomalous gold and silver over the final 19.1 metres of the hole, including 4 m @ 0.2
Slide 26: Valle del Tigre II
VALLE DEL TIGRE II > Subparallel north-northeast rift faults controlling > Initial exploration will include MMI soil Fruta del Norte deposit are repeated at Valle geochemistry, stream sediment sampling and del Tigre II geological mapping > Similar age, fault-controlled western > Community consultati
Slide 27: www.tempusresources.com.au
Level 2, 22 Mount Street, Perth WA 6000, Australia +61 8 6188 8181 @ResourcesTempus www.tempusresources.com.au
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