Lion One Metals Limited · TSXV:LIO
Lion One Metals — Investor Presentation (June 2021)
19 slides from Lion One Metals's investor presentation, June 2021
Slide 1: Tuvatu Gold Project
Tuvatu Gold Project Navilawa Alkaline Gold System Fiji Islands June 2021
Slide 2: Disclaimer
DISCLAIMER The information provided in this presentation is not intended to be a comprehensive review of all matters and developments Forward-looking statements are subject to a variety of known and concerning the Company and should be read in conjunction with unknown risks, uncertainties and other
Slide 3: Highlights: High Grade Gold Assets in Fiji
HIGHLIGHTS: HIGH GRADE GOLD ASSETS IN FIJI Rare 7km-wide high grade alkaline gold complex with vast structural network mapped at >1.2km depth. Rare significant mineralized alkaline deposit owned by a junior Extremely high grade depth extensions of current resource within Tuvatu mining lease permit a
Slide 4: Leadership and Technical Team Have a Long History of Success
LEADERSHIP AND TECHNICAL TEAM HAVE A LONG HISTORY OF SUCCESS Walter Berukoff Chief Executive Officer Founder and CEO of notable gold mining startups: - Northern Orion Resources acquired by Yamana Gold in 2007 for $1.1B - Miramar Mining acquired by Newmont Mining in 2008 for $1.5B - La Mancha Resourc
Slide 5: Leadership and Technical Team Have a Long History of Success
LEADERSHIP AND TECHNICAL TEAM HAVE A LONG HISTORY OF SUCCESS Patrick Hickey Kevin Li Chief Operating Officer Project Manager - Tuvatu Formerly Newmont, Kinross Formerly Fluor, SNC-Lavalin, Saskpower, Project Controls, Pretium Resources Sergio Cattalani Dr. Quinton Hennigh Senior VP Exploration Econo
Slide 6: Investment Profile: $57M Working Capital
INVESTMENT PROFILE: $57M WORKING CAPITAL ISSUED & OUTSTANDING CAPITAL Shares: 155,654,393 Warrants: 11,340,337 Broker units: 1,303,010 Options: 7,997,500 Fully Diluted: 176,295,240 Share Price: $1.30 52 Week $0.72-$2.66 Market Cap: $200 million Cash: $57 million Debt: Nil TOP INSTITUTIONAL SHAREHOLD
Slide 7: Dual Exploration/Development Opportunity
Greenfield exploration upside DUAL EXPL/DEV OPPORTUNITY coupled with brownfield development opportunity NAVILAWA ALKALINE GOLD SYSTEM TUVATU HIGH GRADE GOLD PROJECT First company to consolidate the Navilawa Gold System Tuvatu mining lease (SML62) located Lautoka at center of 200 km² exploration lice
Slide 8: Focus on Developing a Multi Million Ounce Gold Camp
FOCUS ON DEVELOPING A MULTI MILLION OUNCE GOLD CAMP over 30 geochemical anomalies in excess of 5 g/t Au along 7km strike Current resource at 3.0 g/t cutoff: 274,600 oz. indicated @ 8.48 g/t Au 384,000 oz. inferred @ 9.00 g/t Au Looking East 46g/t 20g/t 100g/t 293g/t 101g/t 502g/t Au from rock Au fro
Slide 9: Using Science to Unlock the Potential of the Navilawa Caldera
USING SCIENCE TO UNLOCK THE POTENTIAL OF THE NAVILAWA CALDERA BLEG Sampling of catchments highlights prospectivity of entire Navilawa Caldera Catchment Analysis Potassium radiometrics reveals scale of potassic Caldera Rim BLEG (Au ppb) Navilawa V. BLEG site Naisala Creek system in Navilawa caldera.
Slide 10: Using Science to Unlock the Potential of the Navilawa Caldera
USING SCIENCE TO UNLOCK THE POTENTIAL OF THE NAVILAWA CALDERA CSAMT/ DEEP DRILLING PROGRAM 2020-2021 drilling program targets CSAMT gradients to confirm deep-rooted feeder pathways TUDDH518 N Structural corridors can 0.3m @ 255.5g/t Au host feeder veins and are conduits for high grade mineralization
Slide 11: High Grade Depth Extensions
Ongoing diamond drilling program HIGH GRADE DEPTH EXTENSIONS has extended the known resource DEEP ROOTED FEEDER STRUCTURES to 750m depth and remains open Results include: TUDDH493: URW3 UR2 4.29m @ 33.2 g/t Au TUDDH500: URW1 2.0m @ 46 g/t Au UR5 12.7m @ 55.4 g/t Au Tuvatu – Indicated/ Inferred resou
Slide 12: Alkaline Gold Systems Are Known to Continue to Great Depths
ALKALINE GOLD SYSTEMS ARE KNOWN TO CONTINUE TO GREAT DEPTHS TUDDH514: 2.24m @ 13.31 g/t Au from 495.6m incl 0.35m @ 64.40 g/t Au 3.47m @20.71 g/t Au from 703.7m incl 0.23m @294.5 g/t Au 0.35m @ 10.52 g/t Au from 983.15m (photograph to left) (deepest intersection at Tuvatu to date) TUDDH514 TUDDH500
Slide 13: TUDDH-176
TUDDH-176 2m @ 6.4g/t Au 1.1m @ 7.1 Au TUDDH-521 200m ASL 0.13m @ 51.69 g/t Au TUDDH520 (URW1) 1.87m @ 8.17g/t Au 12.45m @ 21.31g/t Au 1.1m @ 14.98 g/t Au Inc 1.2m @ 161.8g/t Au 3.5m @ 5.03 g/t Au Inc. 0.35m @ 544g/t Au Incl 7.65m @ 9.01 g/t Au TUDDH520 100m ASL 0.45m @ 13.58 Au TUDDH417 1.2m @ 9.4g
Slide 14: Regional Exploration to Target Coincident CSAMT/Surface Geochemical Anomalies
REGIONAL EXPLORATION TO TARGET COINCIDENT CSAMT/ SURFACE GEOCHEMICAL ANOMALIES FOR TUVATU LOOK A- LIKES Numerous deep seated targets in project area. Banana Creek, approx. 3.5 km NE of Tuvatu, will be the first area to be targeted with deep regional exploration drilling 14
Slide 15: Distribution of Alkaline Systems in the South Pacific
DISTRIBUTION OF ALKALINE SYSTEMS IN THE SOUTH PACIFIC Porgera, PNG Associated with deep crustal Barrick alkaline magmas and expansive Lihir Island, PNG structural networks Goldcorp Newcrest >20M oz mined >10M oz mined Valued for high grades, large endowments, deep vertical profiles Prized by major m
Slide 16: World Class Examples of Alkaline Gold Systems in the Region
WORLD CLASS EXAMPLES OF ALKALINE GOLD SYSTEMS IN THE REGION HIGHLIGHTS POTENTIAL YIELD Tier 1 mines in the South Pacific region with geologically similar alkaline complexes can exceed 40M oz, highlighting the potential yield of the Tuvatu project once fully explored. Porgera Lihir Vatukoula Tuvatu P
Slide 17: Roscoelite: Indicator Mineral Diagnostic for Alkaline Systems
ROSCOELITE: INDICATOR MINERAL DIAGNOSTIC FOR ALKALINE SYSTEMS High-grade (~300 g/t) visible gold vein with Roscoelite (Tuvatu, Fiji) High-grade gold bearing vein with Roscoelite (Porgera, PNG) 17
Slide 18: Tuvatu Project – Moving Forward
TUVATU PROJECT – MOVING FORWARD ✓ Accelerating exploration for proof of concept of multi million ounce gold camp ✓ Finalising design of Pilot Plant and Starter Mine Operation; Bulk Earthworks Completed ✓ Own fleet of diamond drill rigs and state of the art geochemical laboratory ✓ Lion One Fiji base
Slide 19: Lion One Metals Limited
Lion One Metals Limited 306-267 West Esplanade North Vancouver BC V7M 1A5 Canada Investor Relations Tel: 604-998-1250 Fax: 604-998-1253 Toll Free: 1-855-805-1250 email: info @ liononemetals.com www.liononemetals.com