Starr Peak Mining Ltd · TSXV:STE

Starr Peak Mining — Investor Presentation (July 2024)

29 slides from Starr Peak Mining's investor presentation, Jul 31, 2024

  1. Slide 1: Corporate Presentation

    STARR PEAK Corporate Presentation NewMétal, Rousseau and Turgeon Lake Properties July 2024 2024-07-31 Starr Peak – NewMétal 1

  2. Slide 2: Forward Looking Statement

    Forward Looking Statement This corporate presentation contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number

  3. Slide 3: Management

    Management Johnathan More • CEO & Director • Johnathan More currently serves as Chairman & Director of Power Metals Corp. Mr. More has over 20 years of experience in North American and European capital markets focused on natural resource industries. He had a history of achievement from his years wit

  4. Slide 4: Management

    Management John Fahmy • Director • Mr. Fahmy is an investor/consultant to various public and private companies across the technology, real estate, life sciences, brick and mortar, and resources sectors. He has been involved in several merchant banking transactions, focused on acquisition and busines

  5. Slide 5: Management

    Management Yves Rougerie, P.Geo • Vice President of Exploration • Yves Rougerie, P.Geo. is a graduate of Montreal’s UQAM in Earth Sciences and brings over 40 years of experience in the mining exploration and development business. Mr. Rougerie has been the President and CEO of Vision Lithium and its

  6. Slide 6: Share Structure

    Share Structure • Stock Symbol: (TSX.V:STE) (OTC:STRPF). TSX.V: STE $CAN • Shares Outstanding: 52,693,181 (July 2024). • Market Capitalization (as of July 31, 2024): C$21 million. • Management and Insiders own 30%. • Please consult for further details : https://starrpeakminingltd.com/ 2024-07-31 Sta

  7. Slide 7: Properties location

    Properties location • Three properties, located in the mining- friendly jurisdiction of Quebec : • New Métal Property : 74 claims and 2279.53 ha. • Rousseau Property : 12 claims and 470.17 ha. • Turgeon Lake Property : 2 claims and 112.91 ha. 2024-07-31 Starr Peak – NewMétal 7

  8. Slide 8: Properties access

    Properties access • Excellent road access, and every mining and exploration services available in the direct vicinity. • Immediately adjacent to town of Normétal. • 25 km NW of La Sarre : railway access to Valleyfield (Zinc smelter). • 115 km NW of Rouyn-Noranda : closest living mining infrastructur

  9. Slide 9: Abitibi Subprovince

    Abitibi Subprovince • Most prolific canadian ground for gold and polymetallic deposits. • Long-lived exploration successes within the green rock belts composing the Abitibi Subprovince. • Starr Peak properties lies within the Normetal Volcanic Complex (North Volcanic Zone). 2024-07-31 Starr Peak – N

  10. Slide 10: Regional geology

    Regional geology Normétal Volcanic Complex : • Bound northward by Val-Saint-Gilles pluton (1) and Normetal Pluton (2). (5) (1) • Most of the NewMetal land coverage is composed of the Normetal Volcanic Formation (3). (2) • Bounded southward by the Normétal fault, which also limits the Normetal (3) Mi

  11. Slide 11: NewMetal Property

    NewMetal Property NewMétal Property : • Includes the historic Normétal mine (Zn-Cu- Ag-Au) and Normetmar (Zn-Ag) deposits. • Lies immediately to the east of Amex Exploration’s Perron high grade gold Property (Au), including the recent zone QF polymetallic discovery. Modified from Lafrance 2003 and A

  12. Slide 12: AMEX's Perron Gold and Zn-Cu deposits

    AMEX’s Perron Gold and Zn-Cu deposits • AMEX’s recent drilling has intersected several high grade and visible gold zones (Eastern Gold Zone (EGZ), Gratien Gold Zone and Grey Cat Gold Zone) over a 3.2 km corridor. • Amex’s recent drill results from EGZ include: • 44.22 g/t Au over 9.10 m. • 29.44 g/t

  13. Slide 13: Normetal historical mine

    Normetal historical mine • Discovered in 1925. Historic production (1926- 1975): • ~10.1 M tons of 5.12 % Zn, 2.15% Cu, 45.25 g/t Ag and 0.549 g/t Au. • 2007, Drill hole GN-07-05. • 5.89% Zn, 0.94% Cu, 76.03 g/t Ag and 1.16 g/t Au over 2.12 m (GM65185). • One of the largest and deepest Zinc-Cu mine

  14. Slide 14: Normetmar deposit

    Normetmar deposit • Discovered in 1927. • Historic estimate: 306 000 t @ 10.94% Zn. • 1996 Drill hole 96-30-14: 17.20 m @ 7.70 % Zn, 0.16% Cu, 29.12 g/t Ag, 0.13 g/t Au (GM55248). Historic estimate source: MB98-06 report, 1990. Historic estimate is not 43-101 compliant. The issuer is not treating it

  15. Slide 15: Normetmar: prior to Starr Peak's field work

    Normetmar : prior to Starr Peak’s field work Early Starr Peak’s workflow : • 3D modelling of the Fall historical Normetal Mine 2020 workings • BHEM surveying of historical DDHs on Normetmar deposit : deep Winter EM target generation 2021 • Fly-born MAG-EM survey : exploration target generation • Dri

  16. Slide 16: Normetmar: 2021 drilling program (in progress)

    Normetmar : 2021 drilling program (in progress) • Over 30 000 m drilled until October 2021, amongst a 80 000 total program announced. • Discovery and definition of two high grade Zinc- Silver ± Copper-Gold zones : • Shallow Zone : 390 m (downdip) extent x 175 m lateral extent, open at depth. • Deep

  17. Slide 17: Normetmar shallow zone

    Normetmar shallow zone • Up to 20.55 m of massive sulfide intersected (core length) in STE-21-27. • Up to 20.90% Zn over 12.10 m (core length) in STE-21-08, which represent a 288.60 metal factor (core length x % of Zn equivalent). • Very nice continuity of medium to high grade massive sulfide minera

  18. Slide 18: Normetmar shallow zone

    Normetmar shallow zone • Exceptionally zinc rich massive sulfide mineralization in STE-21-08 grading 12.10 m @ 23.86 % ZnEq : • Including 2.65 m @ 45.74 % ZnEq (from 294.30 to 296.95 m). Starr Peak’s press release of May 4th 2021 2024-07-31 Starr Peak – NewMétal 18

  19. Slide 19: Normetmar deep zone

    Normetmar deep zone • Up to 13.30 m of massive sulfides grading 5.27 % Zn, 1.19 % Cu, 30.98 g/t Ag, 0.32 g/t Au. • More than 290 m downdip extention discovered and defined by Starr Peak’s during 2021 program. • Open in all direction with excellent rock alteration vectors pointing to potential furthe

  20. Slide 20: Normetmar deep zone

    Normetmar deep zone STE-21-59 : 4.75 m @ 3.49% Zn, 1.54% Cu, 54.49 g/t Ag, 0.37 g/t Au (from 980.45 to 985.20m) 980.45 m 985.20 m • Copper rich intersections in the deep zone in STE-21-43 (4.45 m @ 3.16% Cu, 1.26% Zn, 73.64 g/t Ag, 0.70 g/t Au, hereby exhibited) and STE-21-59. Strong chlorite-garnet

  21. Slide 21: Normetmar stratigraphy

    Normetmar stratigraphy Toward Perron’s project • Detailed drill hole description combined to a newly refined geochemical classification led Normetmar horizon to a robust understanding of Normetmar’s volcanic architecture and stratigraphy. • Well defined stratigraphy is a 3D inclined view looking NW

  22. Slide 22: Normetmar stratigraphy

    Normetmar stratigraphy • On top of helping refining the stratigraphy, whole rock geochemistry also allow to qualify and quantify rock alterations by mineralizing fluids. In three dimensions, quantifying alterations lead to mineralization vectors. • In Normetmar deposit vicinity, mass balance in the

  23. Slide 23: NewMetal exploration perspectives

    NewMetal exploration perspectives • Gold occurrences associated isolated conductors the north-west corner of the property (1). (2) • Isolated of clustered VTEM anomalies (2). (1) • Normetal-Normetmar Zn-Cu-Ag-Au trend (3). • NewMetal Property is underexplored besides (2) Normetal direct vicinity. (2

  24. Slide 24: Normetmar-Normetal Zn-Cu-Ag-Au trend

    Normetmar-Normetal Zn-Cu-Ag-Au trend • 4 km strike length NW-SE. N • Beside Normetal and Normetmar deposit Normetmar deposit, the trend is relatively poorly Normetal workings drilled and almost not investigated with recent successful technics (BHEM surveying). Massive pyrite occurence • VMS hosting

  25. Slide 25: Normetmar-Normetal Zn-Cu-Ag-Au trend

    Normetmar-Normetal Zn-Cu-Ag-Au trend • 4 km strike length NW-SE. ≈4 km • Beside Normetal and 900 m 900 m 900 m Normetmar deposit, the Surface level trend is relatively poorly drilled and almost not investigated with recent successful technics (BHEM surveying). • VMS hosting unit (Rhyolitic tufs) is

  26. Slide 26: Rousseau Property (Gold)

    Rousseau Property (Gold) Rousseau Property historic estimate: • 31,298 tonnes at 11.99 g/t Au. • Multiple gold-bearing quartz veins hosted by the Val-St-Gilles granodiorite. • Associated with pyrite and chalcopyrite. Historic estimate source: The Northern Miner, July 13, 1992. Historic estimate is n

  27. Slide 27: Turgeon Lake Property (Gold)

    Turgeon Lake Property (Gold) • 1996, Drill hole LT-96-02: • 18.7 g/t Au over 3.09 m. • Including 68.9 g/t Au and 10.48 g/t over 0.4 m. • GM54287. • 1992-1993, Grab samples : • 168.3 g/t Au (sample 08-10-07). • 30.2 g/t Au (sample Lt-4). • 23.7 g/t Au (Lt-5). • GM52490. Gold-bearing quartz veins asso

  28. Slide 28: Summary of Starr Peak's assets

    Summary of Starr Peak’s assets • On going and well-financed drilling program on Normetmar deposit, still open in several direction. Building polymetallic tons close to one of the largest and deepest Zn-Cu historical mine (Normetal deposit, 10.1 Mt @ 2.15% Cu, 5.12% Zn, 0.50 g/t Au, 45.25 g/t Ag). •

  29. Slide 29: Perspectives

    Perspectives • Second half of NewMetal drilling program (30 000 / 60 000 m total footage), considering that 1st half of the program discovered and defined two > 200 m strike length continuous high grade polymetallic zones.  Building tonnage. • Knowledge acquired on Normetmar deposit in 2021 highlig

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