Magna Mining Inc · TSX:NICU
Magna Mining — Investor Presentation (May 2021)
17 slides from Magna Mining's investor presentation, May 2021
Slide 1: Exploration and Development at the Past Producing Ni-Cu-PGM Shakespeare Mine
M AY 2 0 2 1 EXPLORATION AND DEVELOPMENT AT THE PAST PRODUCING Ni-Cu-PGM SHAKESPEARE MINE Prior mining at Shakespeare, 2010 Shakespeare Core Location of prior open pit operations at Shakespeare
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT This presentation contains forward-looking information and forward-looking statements (collectively, "forward-looking statement") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking state
Slide 3: Pro Forma Capital Structure
P R O F O R M A C A P I TA L S T R U C T U R E KEY SHAREHOLDERS Pro Forma (post financing and RTO) Issued & Outstanding 63,717,433 SIGNIFICANT SHAREHOLDERS Institutional Options 4,466,875 26% Retail Dundee 11% 41% Warrants 14,579,836 Libra 4% Management & Fully Diluted 82,764,144 Directors 33% Lynwo
Slide 4: Sudbury-Focused Strategy
S U D B U R Y - F O C U S E D S T R AT E G Y ➢ NI 43-101 resource (2021) SHAKESPEARE ➢ Major permits for construction of mine and mill ➢ Past producer through toll milling PROJECT FAST TRACK ➢ Two mills within trucking distance with excess capacity ➢ Currently on care & maintenance PRODUCTION ➢ Eval
Slide 5: Sudbury – A World Class Mining District
SUDBURY – A WORLD CLASS MINING DISTRICT Glencore Strathcona Mill Glencore Falconbridge Smelter Magna’s Shakespeare Ni-Cu Mine City of Sudbury Vale Copper Cliff Vale Clarabelle Mill Smelter World Class Nickel District with Exceptional Geology Social License The Sudbury basin hosts one of the largest
Slide 6: Shakespeare Highlights
SHAKESPEARE HIGHLIGHTS Past Producing Mine Permits in Place 490,000 T of ore was processed through a third-party mill at an Major permits are already in place for the construction of a 4,500 tpd open average grade of 0.33% Ni, 0.38% Cu and 0.9 g/t PGM + Au between pit mining operation, processing pl
Slide 7: NI 43-101 Resource
NI 43-101 RESOURCE Au NiEq. Category (Mt) N i (%) C u (%) C o (%) P t g/t P d (g/t) (g/t) (%) West resource Open Pit (0.2% Ni Eq. cut-offgrade) pit shell East resource pit shell Indicated 14.436 0.34 0.37 0.02 0.34 0.37 0.19 0.63 Inferred 1.682 0.29 0.31 0.02 0.27 0.30 0.17 0.54 Underground (0.5% Ni
Slide 8: Priority Exploration Targets
P R I O R I T Y E X P L O R AT I O N TA R G E T S G a p & S-13 – M i n e E x p a n s i o n Ta r g e t s • Resource expansion targets located between and below existing Shakespeare mine pits • Gap and S-13 zone targeting additional open pit resource tonnage • Potential to significantly increase life-
Slide 9: Resource Expansion Targets (Gap & S-13)
R E S O U R C E E X P A N S IO N T A R G E T S ( G A P & S - 1 3 ) Viewed looking NW Blebby East Resource Pit Resource expansion targets are between the Gap-zone mineralization two pits: Gap & S-13 Zones are located between and in the footwall below the existing pits at Shakespeare. West Prior drill
Slide 10: Bird's Bane Footwall Target
BIRD’S BANE FOOTWALL TARGET A mineralized megabreccia unit was discovered in the immediate footwall of the Shakespeare intrusion in 2019. The mega breccia contains mineralization at surface in the Birds Bane trench, and Channel Sample (2019): 0.18% Ni, 0.85% Cu, 1.94 g/t TPM over 1.22m intervals of
Slide 11: P-4 Target
P-4 TARGET High Conductance EM Plates P-4 P-4 Target Shakespeare Spanish Spanish River River High Conductance EM Plates Copper Mine Copper Mine High Conductance EM Plates High potential Ni-Cu target – P-4 is approximately 5km from Shakespeare and EM response/geology is indicative of Shakespeare-styl
Slide 12: District-Scale Exploration
D I S T R I C T -S C A L E E X P L O R AT I O N o n s o n s C C 180 km ² land package including 30km of strike of underexplored, prospective geology for multiple base and precious metal commodities ano Large magmatic system with potential for high grades C and multiple untested new targets an ay C M
Slide 13: Near Term Objectives, Catalysts & Timelines
NEAR TERM OBJECTIVES Expand the current resource via 6000m near mine drill program Drill test high priority regional targets via 3000m program Evaluate near term production options C ATA LY S T S & T I M E L I N E S H1 2021 H2 2021 • Completion of go-public • Commence Shakespeare • Commence 3,000m •
Slide 14: Nickel for Our Future – Contact Us
NICKEL FOR OUR FUTURE TSXV: NICU CONTACT US Jason Jessup, CEO Paul Fowler, Senior Vice President Jason.Jessup@magnamining.com Paul.fowler@magnamining.com 705 665 0262 416 356 8165 @MagnaMining www.magnamining.com Shakespeare West Pit
Slide 15: Appendix
NICKEL FOR OUR FUTURE APPENDIX
Slide 16: Management
MANAGEMENT Jas on Jessup, MBA Derrick Weyrauch, CPA Paul Fowler, CFA Marshall Hall, M.Sc., P.Geo C E O & Director C F O & Director Senior Vice President Exploration Manager Derrick is an experienced Paul is an experienced capital Marshall is an experienced Jason has over 24 years of mining executive
Slide 17: Directors and Strategic Advisors
D I R E C TO R S A N D S T R ATEGIC A D V I S O R S Ve r n B a ke r, P. E n g . , M B A P e t e r L i g h t f o o t , P h . D , P.G eo G o r d Mo r r i s o n , A d v i s o r Carl DeLu ca, Director Chairman Senior Geological Advisor Vern has +30 years of experience in Dr. Lightfoot has +30 years of G