Boreal Gold Inc. · CSE:BGLD
Boreal Gold — Investor Presentation (July 2022)
25 slides from Boreal Gold's investor presentation, July 2022
Slide 1: Corporate Presentation July 2022
CORPORATE PRESENTATION JULY 2022
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS All statements, other than statements of historical fact, contained in this presentation constitute “forward-looking statements ”within the meaning of the United States Private Securities Litigation Reform Act of 1995, and “forward-looking information” under similar Canadi
Slide 3: About Us
ABOUT US Boreal Gold is an exploration company whose main focus is gold in the famous Flin Flon Mining Camp of Manitoba and Saskatchewan. The Fay Lake Property lies on the northern boundary of the Flin Flon Volcanic Arc assemblage and their higher-grade metamorphic equivalents in the Kisseynew gneis
Slide 4: Location
LOCATION MELGURD LAKE PROPERTY FAY LAKE PROPERTY FLIN FLON Flin Flon Belt Manitoba, Canada Boreal Gold Corporate Presentation July 2022 04
Slide 5: Location: Fay Lake and Melgurd Lake Properties
LOCATION Fay Lake Property Melgurd Lake Property ▪ Strategically located between Hudbay’s ▪ Contains the same stratigraphy and CU ZN Vamp Lake VMS deposit and the has similar VMS Alteration Zones as the Puffy Lake Gold Mine Shott's Lake Copper VMS Deposit ▪ The Property contains both a gold rich ▪ T
Slide 6: Leadership Team
LEADERSHIP TEAM Stephen Masson, M.Sc. P.Geo. Richard Masson Michael Alexander President, CEO & Director Exploration Manager & Director Director • 20 years experience exploration • Former Presidents of Copper Reef Mining projects in Manitoba and Saskatchewan Corporation, Foran Mining Corporation • Pr
Slide 7: Leadership Team
LEADERSHIP TEAM Doug Engdahl Matthew Schwab, P.Geo. Dave W. Kendall, FCPA, FCA Larra Shaffer Technical Advisor Geological Advisor CFO Corporate Secretary • Professional Geoscientist • Professional Geologist with 11+ • Over 40 years as Chartered • Corporate Management Specialist with • President & CE
Slide 8: Proposed Share Structure: Capital Tranches
PROPOSED SHARE STRUCTURE CAPITAL TRANCHES Financing Shares Price ($) Capital Founders 4,000,000 0.01 $40,000 9 people Seed 3,000,000 $150,000 160 shareholders, 5% insiders 1st Financing 4,000,000 0.10 $400,000 20% insiders 2nd Financing 6,000,000 0.20 $1,200,000 20% insiders Crowd Funders 200,000 0.
Slide 9: Premier Property is Fay Lake Property, Manitoba
PREMIER PROPERTY IS FAY LAKE PROPERTY, MANITOBA Boreal Gold Corporate Presentation July 2022 09
Slide 10: Claim Status for the Fay Lake Property
CLAIM STATUS FOR THE FAY LAKE PROPERTY Claim Name Claim Number Area (ha) Owner Mine MB13728 117 4058667 Manitoba Ltd. Bruce MB12992 177 4058667 Manitoba Ltd. Fay MB12812 194 4058667 Manitoba Ltd. Meeka MB12995 38 4058667 Manitoba Ltd. Rita MB12994 69 4058667 Manitoba Ltd. Red MB12991 248 4058667 Man
Slide 11: Saskatchewan Property, Melgurd Lake, Saskatchewan
SASKATCHEWAN PROPERTY, MELGURD LAKE, SASKATCHEWAN Boreal Gold Corporate Presentation July 2022 11
Slide 12: Flin Flon Mining District
FLIN FLON MINING DISTRICT INFRASTRUCTURE Comprehensive road, rail, electric and water infrastructure support quick development of new discoveries SUCCESS RATE Continuous mining since the 1930’s with the discovery of 30 Volcanic Massive Sulphide (VMS) deposits leading to the development of 27 mines T
Slide 13: Why Manitoba?
WHY MANITOBA? MINERAL ENDOWMENT Rich history of mining with first exploration in 1882, yet large areas of high mineral potential remain under-explored MARKET ACCESS A central hub to the Mid-Continent Trade Corridor that is connected to North American, Asian and European Markets via road, rail, sea a
Slide 14: Fay Lake Property Geology Map
FAY LAKE PROPERTY GEOLOGY MAP Boreal Gold Corporate Presentation July 2022 11
Slide 15: Early Results 1931
EARLY RESULTS 1931 ▪ A 2.6 m long section of near solid sulphides from the shaft area reportedly assayed 2.5% Cu, 0.1 g/t Au, 30 g/t silver and a “small amount” of zinc. ▪ A 1.1 m section of quartz vein contained 22 g/t Au and included a 45 cm section (presumably the quartz vein) with 53 g/t Au. Sam
Slide 16: Fay Lake Property, Redwin Gold Bearing VMS Horizon
FAY LAKE PROPERTY, REDWIN GOLD BEARING VMS HORIZON HISTORICAL BULK SAMPLE Boreal Gold Corporate Presentation July 2022 15
Slide 17: Historical Bulk Sample Shipments 1932-33
In 1932-33 three shipments totalling 229 tonnes of massive sulphides containing some chalcopyrite along with quartz vein material within or near the sulphides were sent from the Redwin Deposit of to Hudbay Mining and Smelting. The Material assayed too low in copper (<1%) but averaged up to 15 g/t go
Slide 18: Boreal Gold Corporate Presentation July 2022
Boreal Gold Corporate Presentation July 2022 17
Slide 19: Historical Drilling Results
▪ Gold values of 26 to 34 g/t over vein widths of 3.0 to 6.1 m were reported from a drill program in 1938 (Fay Lake Mining Syndicate, Corporation File). ▪ Drilling on the Redwin Property by Pascar Oils Ltd in 1968 intersected solid to near solid sulphides 6 holes (1 to 6) which assayed up to 6.2g/t
Slide 20: Fay Lake Shear Hosted Gold
FAY LAKE SHEAR HOSTED GOLD ▪ Sampling by the S. Masson revealed that pyritic and chalcopyrite rich portions of the massive sulphides had significant gold values whereas the pyrrhotite rich portions assayed poorly. Quartz veins cutting the massive sulphides have significant gold values with one sampl
Slide 21: Fay Lake Showing
Fay Lake Showing Sampling by the S. Masson in 2021 revealed that pyritic and chalcopyrite rich portions of the massive sulphides had significant gold values whereas the pyrrhotite rich portions assayed poorly. Quartz veins cutting the massive sulphides have significant gold values with one sample co
Slide 22: 2021 Quartz Veined Shear Sample
▪ A sample collected in 2021 from a quartz veined shear in arsenopyrite-pyrite bearing gneisses similar to Puffy Lake Mine mineralization assayed 14.33 g/t Au and 65.8 g/t Ag. Elevated trace elements associated with mineralization include Cu, Zn, Bi, As and Te. Boreal Gold Corporate Presentation Jul
Slide 23: Boreal Gold Corporate Presentation July 2022
Boreal Gold Corporate Presentation July 2022 22
Slide 24: Mineralization
MINERALIZATION McGlynn (1959) describes the mineralization: “Quartz occurs in schist zones as veins, lenses, and pods. In one trench, two veins are separated by about 10 feet of altered and sheared gneiss. In a second trench about 75 feet along the strike from the first, only one vein is present. Th
Slide 25: For More Information
FOR MORE INFORMATION Main Phone Investor Relations 204-687-3500 204-687-3500 Exploration Office Corporate Office 12 Mitchel Road, P.O Box 306 Saskatoon, SK Flin Flon, Manitoba, R8A 1N1 Email Address Website more@mymts.net www.borealgold.ca Intended Exchange: CSE Auditors: McGovern, Hurley, Cunningha