Finlay Minerals Ltd. · TSXV:FYL
Finlay Minerals — Technical Presentation (October 2023)
38 slides from Finlay Minerals's technical presentation, Oct 23, 2023
Slide 1: Silver Hope Property Technical Presentation
TSX-V: FYL | OTCQB: FYMNF SILVER HOPE PROPERTY Technical Presentation October 2023
Slide 2: Cautionary & Forward-Looking Information
C A U T I O N A R Y & F O R W A R D - L OO K I N G I N F O R M A T IO N This presentation includes certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements in t
Slide 3: Silver Hope Location
SILVER HOPE LOCATION Targeting Equity-Style Ag-Cu-Au and Porphyry Cu-Au-Mo mineralization over 21,690 Ha with only 17% ground-truthed and 2% of the property drill tested. ► Adjacent to the past-producing Equity Silver Mine and 20 km south-southeast of Houston with year-round road access. ► Targets i
Slide 4: Silver Hope Claims & Infrastructure
S I L V E R H` O P E CLAIMS & INFRASTRUCTURE 21,690 Ha area property positioned in a highly prospective area with multiple producing and past-producing mines and neighboring brownfields exploration projects. ► Year-round access to the property via a network of highways, forestry roads and the Equity
Slide 5: Targets
SILVER HOPE TARGETS Seven main zones with three distinct mineralization styles (Cu-Ag-Au Low Sulphidation, West Cu-Mo Porphyry and Equity). 1. MAIN TREND > 2 km mineralized trend that hosts the Gaul, Superstition and Hope Zones and is in a similar geological setting to the past-producing Equity Silv
Slide 6: Geology
SILVER HOPE GEOLOGY Underlain by predominantly Stikine Terrane volcano-sedimentary sequences and cross-cutting Paleocene to Eocene intrusive plugs and stocks. ► Stikine Terrane is an island-arc assemblage of sedimentary, volcanic and associated plutonic rocks emplaced and accumulated during the Carb
Slide 7: Geophysics
SILVER HOPE GEOPHYSICS Airborne magnetics and ZTEM surveys respectively show a magnetic high and associated resistivity anomaly coincident with the Goosly stock. ► The Goosly intrusive stock could have a causative relationship with Equity Silver Mine – Main Trend mineralization. ► Several targets an
Slide 8: Main Trend
SILVER HOPE MAIN TREND 678000 2 km long Cu-Ag-Au mineralized trend comprised of the Gaul, Superstition and Hope Zones. ► Mineralized zones have a NE-SW orientation with moderate NW dips (as outlined by 2020-2021 drilling). 6006000 ► Longer intercepts and higher grades are associated with increased f
Slide 9: >2 km Mineralized Zone Along the Main Trend
SILVER HOPE >2 KM MINERALIZED ZONE ALONG THE MAIN TREND 9
Slide 10: Gaul Zone
SILVER HOPE GAUL ZONE Chalcopyrite – tetrahedrite - pyrite veins, fractures and breccia matrix emplaced in Early Cretaceous Skeena Group dust to ash tuffs. ► Minor late galena - sphalerite veins occur within earlier chalcopyrite- tetrahedrite-pyrite. ► At least 600 m of along - strike continuity and
Slide 11: Gaul Zone Sections
SILVER HOPE GAUL ZONE SECTIONS SH21-09: 82.1 – 83.23 m, 1.23 m assaying 1.27% Cu, 74.5 g/t Ag and 1.88 g/t Au SH21-09: 135.5 – 136.7 m, 1.2 m assaying 1.79% Cu, 37.2 g/t Ag and 0.25 g/t Au 1 SH22-07: 121.8 - 123.03 m, 1.23 m assaying 0.85% Cu, 80.5 g/t Ag and 2.05 g/t Au
Slide 12: Gaul Zone Sections
SILVER HOPE GAUL ZONE SECTIONS SH21-08 155.5 – 157.5 m, 2.0 m assaying 1.73% Cu, 25.5 g/t Ag and 0.06 g/t Au SH20-03 119.5 – 120.53 m, 1.03 m assaying 1.51% Cu, 49.7 g/t Ag and 0.11 g/t Au 1 12
Slide 13: Gaul Zone Sections
SILVER HOPE GAUL ZONE SECTIONS SH21-07: 71.1 – 71.62 m, 0.52 m assaying 1.90% Cu, 86.3 g/t Ag and 0.05 g/t Au SH21-07 83.9 – 84.34 m, 0.44 m assaying 3.75% Cu, 60.9 g/t Ag and 0.02 g/t Au 1 13
Slide 14: Gaul Zone Drill Highlights
SILVER HOPE GAUL ZONE DRILL HIGHLIGHTS HOLE ID FROM (M) TO (M) INTERVAL (M) AU (G/T) CU (%) AG (G/T) PB (%) ZN (%) HOLE ID FROM (M) TO (M) INTERVAL (M) AU (G/T) CU (%) AG (G/T) PB (%) ZN (%) SH04-02 108.0 270.0 162.0 0.02 0.15 3.1 <0.01 0.01 SH20-06 27.0 276.5 249.5 0.06 0.25 6.0 0.01 0.06 including
Slide 15: Superstition Zone
SILVER HOPE SUPERSTITION ZONE SH11-12: 232.5 – 234.06 m, 1.56 m assaying 1.81% Cu, 209.0 g/t Ag and 2.02 g/t Au Comparable mineralization style to the Gaul Zone and due north along strike. ► Partially drill tested for 550 m along strike and 600 m down- dip. ► Current drilling has identified a deeper
Slide 16: Superstition Zone Drill Highlights
SILVER HOPE SUPERSTITION ZONE DRILL HIGHLIGHTS HOLE ID FROM (M) TO (M) INTERVAL (M) AU (G/T) CU (%) AG (G/T) PB (%) ZN (%) SH11-11 220.2 261.5 41.3 0.05 0.20 15.8 0.07 0.27 and 312.7 329.6 16.9 0.04 0.20 6.5 <0.01 0.18 SH11-12 3.1 154.4 151.3 0.02 0.11 2.7 0.01 0.04 including 18.0 53.0 38.0 0.01 0.2
Slide 17: Hope Zone
SH11-07 328.0 – 329.5 m, 1.5 m assaying 0.98% Cu, 15.8 g/t Ag, and 0.01 g/t Au SILVER HOPE HOPE ZONE Narrow high-grade Cu-Ag mineralized veins and zones within broader wide low-grade near-surface mineralized footprint. ► Mineralization defined over 550 m along strike and up to 500 m down-dip startin
Slide 18: Hope Zone Drill Highlights
SILVER HOPE HOPE ZONE DRILL HIGHLIGHTS HOLE ID FROM (M) TO (M) INTERVAL (M) AU (G/T) CU (%) AG (G/T) PB (%) ZN (%) HOLE ID FROM (M) TO (M) INTERVAL (M) AU (G/T) CU (%) AG (G/T) PB (%) ZN (%) SH04-06 9.1 394.3 385.1 0.06 0.11 9.6 0.01 0.02 SH07-04 14.0 321.3 307.2 0.03 0.11 4.4 0.01 0.02 including 20
Slide 19: West Cu-Mo Porphyry
SILVER HOPE WEST CU-MO PORPHYRY Molybdenite-chalcopyrite dominant mineralization hosted in the Late Paleocene New Nanika QMZ Unit ► Good continuity between drill holes with consistent grades. ► Mineralization has been intersected over 1 km of strike length from south to north with further infill and
Slide 20: West Cu-Mo Porphyry Drill Highlights
SILVER HOPE WEST CU-MO PORPHYRY DRILL HIGHLIGHTS HOLE ID FROM (M) TO (M) INTERVAL (M) AU (G/T) CU (%) AG (G/T) MO (%) HOLE ID FROM (M) TO (M) INTERVAL (M) AU (G/T) CU (%) AG (G/T) MO (%) SH10-02 0.0 260.9 260.9 0.03 0.17 1.2 0.015 SH11-04 95.3 308.8 213.5 0.03 0.19 0.6 0.012 including 12.8 94.2 81.4
Slide 21: Sam Zone
SILVER HOPE SAM ZONE Located on the western side of the property west of the Main Trend and West Cu-Mo Porphyry. ► Drill tested for 550 m along strike and remains open along strike and at depth ► 1986 & 1987 drilling intersected several massive to semi- massive sulphide intervals with pyrite and sph
Slide 22: ALS GoldSpot Priority Area
SILVER HOPE ALS GOLDSPOT PRIORITY AREA 2 ALS GoldSpot identified 113 targets of interest with 16 high priority targets. ► The Main Trend and Cu-Mo Porphyry QMZ West PRIORITY AREA 4 Horizon are included in the high priority targets. ► Several high priority targets have had little to no PRIORITY AREA
Slide 23: ALS GoldSpot – Priority Area 1
SILVER HOPE ALS GOLDSPOT – PRIORITY AREA 1 PRIORITY AREA 1 ALS GoldSpot further enhances the East Trend and Cu-Mo Porphyry QMZ West Horizon ► The generated target area for the continuation of the Cu-Mo Porphyry extends to the south and north of previous drilling. ► A further porphyry target was iden
Slide 24: ALS GoldSpot – Priority Area 2
SILVER HOPE ALS GOLDSPOT – PRIORITY AREA 2 Equity Style Mineralization was Highlighted East and Along Trend of the Equity Deposit in 2 High Priority Targets ► These targets surround the Gabbro which is thought to be one of the causative intrusions to concentrate the Equity PRIORITY AREA 2 deposit. ►
Slide 25: ALS GoldSpot – Priority Area 3
SILVER HOPE ALS GOLDSPOT – PRIORITY AREA 3 Area 3 was Highlighted for Displaying both Polymetallic PRIORITY AREA 3 and Porphyry Signatures ► These areas showed favorable geophysical and structural signatures for a discovery. ► Overlapping signatures of polymetallic and porphyry were of significance.
Slide 26: ALS GoldSpot – Priority Area 4
SILVER HOPE ALS GOLDSPOT – PRIORITY AREA 4 PRIORITY AREA 4 Area 4 is East of the Sam Zone Drilling Along a Similar Northwest Trend ► These areas showed favorable geophysical and geochemical signatures for a porphyry target. ► Drilling and mapping around the Sam Zone has noted sericite, carbonate, ch
Slide 27: 2023 Biogeochemical Results
SILVER HOPE 2023 BIOGEOCHEMICAL RESULTS Biogeochemical Sampling Proves Successful In Identifying Mineralized Zones Through Glacial Till ► A Biogeochemical Sampling Program was completed in 2023 and included an orientation survey over the Main Trend and West Cu-Porphyry. ► Samples of Spruce Tree Twig
Slide 28: 2023 Biogeochemical Results
SILVER HOPE 2023 BIOGEOCHEMICAL RESULTS AU IN TWIGS CU IN TWIGS ZN IN TWIGS 28
Slide 29: 2023 Biogeochemical Results
SILVER HOPE 2023 BIOGEOCHEMICAL RESULTS The Biogeochemical Results Identified Further Compelling Targets ► A multi-element anomaly was identified along the East Trend that was also identified by ALS GoldSpot’s prospectivity work. ► The East Trend Anomaly contains a chargeability and resistivity anom
Slide 30: 2023 Biogeochemical Results
SILVER HOPE 2023 BIOGEOCHEMICAL RESULTS AU IN TWIGS CU IN TWIGS ZN IN TWIGS 30
Slide 31: Surface Geochemical Soil Anomalies
SILVER HOPE SURFACE GEOCHEMICAL SOIL ANOMALIES AU IN SOIL AG IN SOIL 31
Slide 32: Surface Geochemical Soil Anomalies
SILVER HOPE SURFACE GEOCHEMICAL SOIL ANOMALIES ZN IN SOIL CU IN SOIL 32
Slide 33: 2021 IP Survey
SILVER HOPE 2021 IP SURVEY The Equity East, Allin and Main Trend target areas host multi-element geochemical anomalies along the mapped Goosly and Nanika Stock. ► 22 km of IP survey have been completed over Equity East & Allin targets ► Large chargeability & resistivity anomalies along edges and wit
Slide 34: 2022 Drilling – Equity East
SILVER HOPE 2022 DRILLING 6 drillholes totalling 1,461 m (3 at Equity East and 3 at Allin) ► Alteration, veining, and mineralization in 2022 drilling suggests that these showings are peripheral to mineralization and heat sources. ► Multi-element surface geochemistry, IP and magnetic anomalies sugges
Slide 35: 2022 Drilling – Allin
SILVER HOPE 2022 DRILLING 6 drillholes totalling 1,461 m (3 at Equity East and 3 at Allin) ► Alteration, veining, and mineralization in 2022 drilling suggests that these showings are peripheral to mineralization and heat sources. ► Multi-element surface geochemistry, IP and magnetic anomalies sugges
Slide 36: Conclusions & Recommendations
SILVER HOPE C O N C L U S I O N S & R E C O M M E N D AT I O N S The Silver Hope Property has the potential for Cu-Ag-Mo mineralization at significant volume within the Main Trend and West Horizon Cu-Mo QMZ. ► Strategic drilling with infill holes targeting the Gaul, Superstition, Hope and West Cu-Mo
Slide 37: The Finlay Team
THE FINLAY TEAM ROBERT F. BROWN, P. ENG. President, CEO and Director Former Vice President, Exploration for Great Panther Mining Ltd. and former geologist with LAC Minerals. GORD STEBLIN, B.COMM., CPA, CGA ALVIN JACKSON, B.Sc. CFO Has over 30 years of experience in the mining/exploration sector and
Slide 38: Robert F. Brown, P. Eng.
TSX-V: FYL | OTCQB: FYMNF ROBERT F. BROWN, P. ENG. President, CEO and Director 604.684.3099 | rbrown@finlayminerals.com
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