Canasil Resources Inc. · TSXV:CLZ

Canasil Resources — Investor Presentation (June 2021)

46 slides from Canasil Resources's investor presentation, June 2021

  1. Slide 1: Silver-Gold-Copper-Zinc Exploration in Mexico and British Columbia, Canada

    _____________________________________ www.canasil.com TSX-V:CLZ Silver-Gold-Copper-Zinc Exploration in Mexico and British Columbia, Canada Corporate Presentation June 2021 Canasil Resources Inc. - Creating Value Through Discovery 1

  2. Slide 2: Forward-looking Statements

    _____________________________________ www.canasil.com TSX-V:CLZ “Forward-looking Statements” This presentation contains certain statements that may be deemed “forward-looking statements”. All statements in this presentation, other than statements of historical fact, that address future production, r

  3. Slide 3: Directors, Officers, Advisors

    _____________________________________ www.canasil.com TSX-V:CLZ Directors, Officers, Advisors: Alvin Jackson, Director Michael McInnis, Director Arthur Freeze, Director Bahman Yamini, Director, Pres. & CEO, Kerry Spong, CFO & VP Finance Graham Scott, Corp. Sec., Legal Counsel Erme Enriquez, Dir. Exp

  4. Slide 4: High Potential Silver-Gold-Copper Exploration in Mexico and BC, Canada

    _____________________________________ www.canasil.com TSX-V:CLZ High Potential Silver-Gold-Copper Exploration in Mexico and BC, Canada 6 Exploration Projects In Mexico Located on World-class Silver-Gold Trend in Durango and Zacatecas States Silver, Gold, Copper, Lead & Zinc 4 Drill ready projects Op

  5. Slide 5: Major Value Drivers: 1. Leverage to Positive Resource Cycle

    _____________________________________ www.canasil.com TSX-V:CLZ Major Value Drivers: 1. Leverage to Positive Resource Cycle – Silver, Gold, Copper Miners SIL: Global X Silver Miners ETF COPX: Global X Copper Miners ETF GDXJ: Van Eck Vectors Junior Gold Miners ETF Canasil Resources Inc. - Creating Va

  6. Slide 6: Major Value Drivers: 2. Leverage to Increasing Silver, Gold & Copper Prices

    _____________________________________ www.canasil.com TSX-V:CLZ Major Value Drivers: 2. Leverage to Increasing Silver, Gold & Copper Prices 5-Year Silver Price: US$ 15 – 27.60 per Oz X 1.84 5-Year Copper Price: US$ 2.25 – 4.50 per Lb X2 5-Year Gold Price: US$ 1,250 – 1,895 per Oz X 1.52 Canasil Reso

  7. Slide 7: Major Value Drivers: 3. Leverage to Exploration Discovery Drilling

    _____________________________________ www.canasil.com TSX-V:CLZ Major Value Drivers: 3. Leverage to Exploration Discovery Drilling Canasil projects: Highest added value and share price appreciation potential in project life cycle Canasil Resources Inc. - Creating Value Through Discovery 7

  8. Slide 8: Major Factors for Building Shareholder Value

    _____________________________________ www.canasil.com TSX-V:CLZ Major Factors for Building Shareholder Value: • Shareholder focused management team • Strong share structure • 100% owned project portfolio • Discovery drilling on high grade silver-gold-base metal projects in Durango and Zacatecas Stat

  9. Slide 9: Multiple Drill Ready Projects

    _____________________________________ www.canasil.com TSX-V:CLZ Multiple Drill Ready Projects: 1. La Esperanza, Durango & Zacatecas, Mexico: High-grade Silver-Gold-Zinc-Lead epithermal vein system with district scale potential On recognized Fresnillo Silver trend close to several operating mines Ope

  10. Slide 10: Focused Mexico Projects Portfolio on Prolific Silver Belt

    _____________________________________ www.canasil.com TSX-V:CLZ Focused Mexico Projects Portfolio on Prolific Silver Belt: Canasil Resources Inc. - Creating Value Through Discovery 10

  11. Slide 11: Full-time Mexico Exploration Team and Facilities in Durango City

    _____________________________________ www.canasil.com TSX-V:CLZ Full-time Mexico Exploration Team and Facilities in Durango City: • Results driven and cost effective exploration programs • Technical knowledge base • Close local community relations Mexico exploration and administration office and cor

  12. Slide 12: La Esperanza Silver-Gold-Zinc-Lead Project

    _____________________________________ www.canasil.com TSX-V:CLZ La Esperanza Silver-Gold-Zinc-Lead Project • Large property package: 14,916 hectares, 150 SqKm • Strategic location: southern Durango and northern Zacatecas States • On prolific Fresnillo Silver Trend – World class high grade Silver min

  13. Slide 13: La Esperanza: Region Hosting World Class Silver Mines

    _____________________________________ www.canasil.com TSX-V:CLZ La Esperanza: Region Hosting World Class Silver Mines Canasil Resources Inc. - Creating Value Through Discovery 13

  14. Slide 14: La Esperanza: Multiple High-Grade Silver-Gold-Zinc-Lead Veins

    _____________________________________ www.canasil.com TSX-V:CLZ La Esperanza: Multiple High-Grade Silver-Gold-Zinc-Lead Veins 5 High Grade Silver Veins 15 Km x 7.5 Km Area Cum. +12 km Strike High Ag Grades & Widths Canasil Resources Inc. - Creating Value Through Discovery 14

  15. Slide 15: La Esperanza Vein: Early Drill Programs, High-grade Silver-Gold Intercepts

    _____________________________________ www.canasil.com TSX-V:CLZ La Esperanza Vein: Early Drill Programs, High-grade Silver-Gold Intercepts Canasil Resources Inc. - Creating Value Through Discovery 15

  16. Slide 16: La Esperanza Vein: 2016-17 Drill Program, High-grade Silver-Gold Intercepts

    _____________________________________ www.canasil.com TSX-V:CLZ La Esperanza Vein: 2016-17 Drill Program, High-grade Silver-Gold Intercepts Canasil Resources Inc. - Creating Value Through Discovery 16

  17. Slide 17: La Esperanza Vein: 2016-17 Drill Program, High-grade Core Photos

    La Esperanza Vein: 2016-17 Drill Program, High-grade Core Photos _____________________________________ www.canasil.com TSX-V:CLZ ES-17-16: 143.00 – 145.35m, TW 1.95m 628 g/t Ag, 0.90% Zn, 1.52% Pb Including: 144.20 – 145.35m TW 0.95m 1,133 g/t Ag, 1.56% Zn, 2.98% Pb ES-17-19: 208.33 – 302.01m TW 2.7

  18. Slide 18: La Esperanza 2020-21 Drill Intercepts

    _____________________________________ www.canasil.com TSX-V:CLZ 200 m Surface Outcrop EES-20-22 0.97 m 426 g/t Ag 350 m Depth EES-21-23 0.57 m 5.9 g/t Au, 404 g/t Ag ES-21-24 0.42 m 1.5 g/t Au, 206 g/t Ag, 8.8% Pb, 10.2% Zn 525 m Strike Canasil Resources Inc. - Creating Value Through Discovery

  19. Slide 19: La Esperanza Vein: High Grade x Width Mineralized Envelope

    _____________________________________ www.canasil.com TSX-V:CLZ La Esperanza Vein: High Grade x Width Mineralized Envelope 2021 Drill program 525 m Strike in progress to expand mineralized envelope Est. Inferred 350 m Depth Silver Content: 15 Moz AgEq 1.32 MT, Average 240 g/t Ag, 1.1% Pb, 1.32% Zn o

  20. Slide 20: La Esperanza Vein, 2021 Drill Program

    _____________________________________ www.canasil.com TSX-V:CLZ La Esperanza Vein, 2021 Drill Program Canasil Resources Inc. - Creating Value Through Discovery 20

  21. Slide 21: Nora Silver-Gold Project, New High-grade Ag-Au Discovery in Progress

    _____________________________________ www.canasil.com TSX-V:CLZ Nora Silver-Gold Project, New High-grade Ag-Au Discovery in Progress Potential for Large Ag-Au System • 200 km NW of Durango • On major trend hosting silver- gold mines – Fresnillo San Julian, Endeavour Silver Guanacevi • 50 km W of SSR

  22. Slide 22: Nora Silver-Gold Project, 2020 Maiden Drill Program

    _____________________________________ www.canasil.com TSX-V:CLZ Nora Silver-Gold Project, 2020 Maiden Drill Program High-grade Silver and Gold Intercepts from the Candy Vein Nora Silver-Gold Project, Durango State, Mexico – 2020 Candy Vein Drill Results NRC-20-01 to NRC-20-06 Vein/Structure From To

  23. Slide 23: Nora Silver-Gold Project, Candy Vein – 3 Km NS Strike

    _____________________________________ www.canasil.com TSX-V:CLZ Nora Silver-Gold Project, Candy Vein – 3 Km NS Strike High-grade Au-Ag Drill Intercepts over 500 m Strike, Open Along Strike and to Depth NRC-20-06 3 High-grade Stacked Vein Intercepts Vein From To Width Au Ag Ag Eq M M M g/t g/t g/t No

  24. Slide 24: Nora Silver-Gold Project, Potential for Extensive Mineralized System

    _____________________________________ www.canasil.com TSX-V:CLZ Nora Silver-Gold Project, Potential for Extensive Mineralized System Looking W, Candy Vein, Historical Mine Workings & Geochem Soil Anomalies Candy Vein 2020 SW Ag-Au High-Grade Au-Ag Geochem intercepts 500 m Anomaly 1.5 km Candy Vein &

  25. Slide 25: Nora Silver-Gold Project, Candy Vein, 2020 Drill Program

    _____________________________________ www.canasil.com TSX-V:CLZ Nora Silver-Gold Project, Candy Vein, 2020 Drill Program Drill holes NRC-20-04 and NRC-20-01 Phase 2 Drill Program Planned in 2021 Canasil Resources Inc. - Creating Value Through Discovery 25

  26. Slide 26: Salamandra Silver-Copper-Zinc Project, Durango, Mexico

    _____________________________________ www.canasil.com TSX-V:CLZ Salamandra Silver-Copper-Zinc Project, Durango, Mexico • Large area: 14,760 hectares, 148 SqKm • Excellent access and infrastructure - 35km ENE Durango City • Strategic Location: On trend with major silver, copper, zinc, lead deposits •

  27. Slide 27: Salamandra Silver-Zinc-Copper: Similar to San Martin Sabinas Mine and Other Deposits

    _____________________________________ www.canasil.com TSX-V:CLZ Salamandra Silver-Zinc-Copper : Similar to San Martin Sabinas Mine, DSV Cordero, and SSV Cerro Los Minitas & SLV La Joya Deposits • DSV - Cordero MC $722 M 260 Moz Ag Ind. & Inf. Res. 199 MT (103 g/t AgEq), 40 g/t Ag, 1.25 Zn, 0.63% Pb,

  28. Slide 28: Salamandra Silver-Zinc-Copper Project Systematic Exploration

    _____________________________________ www.canasil.com TSX-V:CLZ Salamandra Silver-Zinc-Copper Project Systematic Exploration; Potential for Large Mineralized System ZTEM Airborne Survey Satellite Imaging High Resolution Mapping Ground IP Survey Extensive Geochem Sampling Geological Mapping 18,000 m

  29. Slide 29: Salamandra Project - Drill Intercepts Indicate Potential for Extensive Mineralized System

    _____________________________________ www.canasil.com TSX-V:CLZ Salamandra Project, Durango, Mexico - Drill Intercepts Indicate Potential for Extensive Silver-Zinc-Copper Mineralized System Canasil Resources Inc. - Creating Value Through Discovery 29

  30. Slide 30: Salamandra Project, Durango, Mexico – Selected Drill Intercepts

    _____________________________________ www.canasil.com TSX-V:CLZ Salamandra Project, Durango, Mexico – Selected Drill Intercepts Drill Intercept Width Silver Zinc Copper Lead Hole From – To: m m g/t % % % SA-07-02 7.40 – 17.25 9.85 102 0.55 0.02 0.03 SA-07-02 27.65 – 35.10 7.45 50 12.00 0.22 0.06 SA-

  31. Slide 31: Salamandra Project, Durango, Mexico – Selected Drill Intercepts

    _____________________________________ www.canasil.com TSX-V:CLZ Salamandra Project, Durango, Mexico – Selected Drill Intercepts Drill Intercept Width Silver Zinc Copper Lead Hole From – To: m m g/t % % % SA 14-15 605.74 - 613.13 7.89 166 1.2 1.2 0.6 SA 14-15 607.50 – 609.80 2.30 393 2.8 3.6 0.4 SA 1

  32. Slide 32: SA-14-15 605.74 - 613.13m: 7.89m 166 g/t Ag, 1.2% Cu, 1.2% Zn

    _____________________________________ www.canasil.com TSX-V:CLZ SA-14-15 605.74 - 613.13m: 7.89m 166 g/t Ag, 1.2% Cu, 1.2% Zn 0.6% Pb Canasil Resources Inc. - Creating Value Through Discovery 32

  33. Slide 33: Vizcaino Silver-Gold Project, Durango State, Mexico

    _____________________________________ www.canasil.com TSX-V:CLZ Vizcaino Silver-Gold Project, Durango State, Mexico • 3,400 ha located 127 km N of Durango • Epithermal quartz vein outcrop on hillside up to 12 m in width • Anomalous gold values 32 to 141 ppb Au in 20 samples over 1,000 m strike dista

  34. Slide 34: Sandra-Escobar Project, Durango, Mexico

    _____________________________________ www.canasil.com TSX-V:CLZ Sandra-Escobar Project, Durango, Mexico • Closed sale of interest to Pan American Silver on June 28, 2019, subject to 2% NSR royalty interest • Disseminated Silver and high-grade Silver-Gold-Copper-Zinc-Lead veins • Physical and geologi

  35. Slide 35: BC, Canada Projects - Leverage to Gold-Copper Discovery

    _____________________________________ www.canasil.com TSX-V:CLZ BC, Canada Projects - Leverage to Gold-Copper Discovery • Located on recognized trend in north central BC hosting major mines and deposits • Interest by majors in large copper-gold exploration projects • Multiple copper-gold targets on

  36. Slide 36: Canasil BC Projects North-central BC

    _____________________________________ www.canasil.com TSX-V:CLZ Canasil BC Projects North-central BC Brenda – 44.50 Sq Km Au-Cu Porphyry System Kemess-Toodoggone Au-Cu porphyry district Excellent Access and Infrastructure Advanced Exploration Multiple Porphyry Targets Vega – 90.00 Sq km Cu-Au System

  37. Slide 37: Brenda Gold-Copper Project

    _____________________________________ www.canasil.com TSX-V:CLZ Brenda Gold-Copper Project Excellent Location Between Centerra Gold Kemess Mine and KUG / KE Deposits And Benchmark Metals Lawyers Project Road and Air Access, Power Line Updated Technical Report Feb. 2021 Extensive Exploration Data Pac

  38. Slide 38: Brenda Project – Very Active High Potential Copper-Gold District

    _____________________________________ www.canasil.com TSX-V:CLZ Brenda Project – Very Active High Potential Copper-Gold District BNCH LAWYERS Project $70 M funding since 2018 MC $222 M AMARC Res. JOY Project CPAU WILLIAMS Project May 2021 Freeport Option $6.5 m funding since 2020 60% Interest $35 M

  39. Slide 39: Brenda Project: surface signature of porphyry gold-copper systems

    _____________________________________ www.canasil.com TSX-V:CLZ Brenda Project: surface signature of porphyry gold-copper systems Alunite Plume Surface Gossan Gold-Copper Surface Anomaly & Drill Area Canasil Resources Inc. - Creating Value Through Discovery 39

  40. Slide 40: Brenda Project: Multiple Porphyry Gold-Copper Drill Targets

    _____________________________________ www.canasil.com TSX-V:CLZ Brenda Project: Multiple Porphyry Gold-Copper Drill Targets Updated Technical Report February 2021 Canasil Resources Inc. - Creating Value Through Discovery 40

  41. Slide 41: Multiple Drill Targets Defined for Proposed Exploration Program

    _____________________________________ www.canasil.com TSX-V:CLZ Multiple Drill Targets Defined for Proposed Exploration Program Includes Deeper Sensing Geophysics and Drilling >0.1 g/t Au Drill Envelope Completed Drill Holes 3D-IP Chargeability Envelope Outlines Proposed Drill Holes 500 m Cross Sect

  42. Slide 42: Vega Cu-Au Project – Located on Quesnel-Stikine Copper-Gold Trend in BC

    _____________________________________ www.canasil.com TSX-V:CLZ Vega Cu-Au Project – Located on Quesnel-Stikine Copper-Gold Trend in BC Vega – 90.00 Sq km Cu-Au System Lorraine-Kwanika Cu District Early Exploration Multiple Cu-Au Targets Vega East Targets Close to Northwest Copper (Serengeti & Sun M

  43. Slide 43: Vega Cu-Au Project – Airborne Magnetic Survey Outlines Two Structural Corridors

    _____________________________________ www.canasil.com TSX-V:CLZ Vega Cu-Au Project – Airborne Magnetic Survey Outlines Two Structural Corridors • Structures and Possible Intrusion-related Anomalies stand out on Vega East and West • Potential for multiple copper-gold targets Aerial Magnetic Survey To

  44. Slide 44: Vega East: 2016 Aeromag Anomalies Coincident with Au-Cu Geochem

    _____________________________________ www.canasil.com TSX-V:CLZ Vega East: 2016 Aeromag Anomalies Coincident with Au-Cu Geochem Outline Multiple Targets mHD • mHA: Immediately south of original Vega Minfile surface geochem occurrence • mHB: 1 km SE of MHA, associated with VEGA, BEG, RON elevated gol

  45. Slide 45: Vega West – Pluto Showing

    _____________________________________ www.canasil.com TSX-V:CLZ Vega West – Pluto Showing • Pluto showing is located in the centre of a NW-SE corridor outlined by airborne Mag survey • Airborne Mag survey shows strong magnetic features, possibly related to intrusive units • A well defined magnetic b

  46. Slide 46: Why Canasil? Key Factors for Creating Shareholder Value

    _____________________________________ www.canasil.com TSX-V:CLZ Why Canasil? Key Factors for Creating Shareholder Value: • 100% owned portfolio of advanced exploration projects in Mexico and BC, potential for discovery on drill ready projects • La Esperanza project, Mexico: multiple high-grade Silve

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