Fjordland Exploration Inc. · TSXV:FEX
Fjordland Exploration — Investor Presentation (March 2022)
35 slides from Fjordland Exploration's investor presentation, March 2022
Slide 1: Finding Canada's Next Nickel Mine
FINDING CANADA’S NEXT NICKEL MINE Renzy Nickel Mine circa 1969 Maniwaki, Quebec March 2022
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS General Disclaimer Fjordland Exploration Inc. "Fjordland Exploration", has taken all reasonable care in producing and publishing information contained on this website, and will endeavor to do so regularly. Material on this site may still contain technical or other inaccura
Slide 3: Capital Structure
CAPITAL STRUCTURE Issuer: Fjordland Exploration Inc. Ticker (Exchange): FEX (TSX.V) Working Capital: C$2.2 million Current Market Capitalization: C$7,500,000 1. South Voisey’s Bay “Pants Lake” intrusive complex 2. Renzy Nickel Copper Project – Past producer located in SW Quebec Nickel Copper Project
Slide 4: Management
MANAGEMENT James Tuer Jamie has over 30 years experience in the finance and mining industry. He has a degree in mechanical engineering and an MBA from Queen’s University President, CEO and and started his career with Toronto Dominion Securities. For the past 19 years, Jamie was President of Hudson R
Slide 5: Exploration Strategy – Nickel Copper Focused
EXPLORATION STRATEGY – NICKEL COPPER FOCUSED MANAGE RISK TO MAXIMIZE THE OPPORTUNITY OPPORTUNITY FOR SUCCESS MAXIMIZED 1. Political Risk: Explore in jurisdictions where security of tenure is high and mines have a history of being put into production – Currently that means Canada GEOLOGICAL RISK 2. G
Slide 6: Why Nickel? – Not Just Hyperbole!
WHY NICKEL? – NOT JUST HYPERBOLE! By now, most nickel explorers have the Elon Musk quote that “if you mine nickel efficiently and in an environmentally-sensitive way, Tesla will give you a giant contract for a long period of time” in their presentations – but it’s more than hyperbole. Battery develo
Slide 7: Nickel Company Market Capitalizations
NICKEL COMPANY MARKET CAPITALIZATIONS KEY • Total market capitalization of 60 nickel exploration companies up over $10B in one year – an increase of 67% TAKEAWAY: • Exploration success can increase a company’s value by an order of magnitude in a short period of time • Australian company market caps
Slide 8: Current Exploration Projects
CURRENT EXPLORATION PROJECTS WITCH/ WEST MILLIGAN COPPER GOLD SOUTH VOISEY’S BAY PROJECT NICKEL PROJECT Fjordland is a 43% joint venture partner with Fjordland owns a 75% Northwest Copper Corp interest in the SVB project on claims situated 4 km with the option to increase to west of the Mount 100% f
Slide 9: Summary and Timeline
SUMMARY AND TIMELINE INVESTMENT SUMMARY • Nickel Sulfide projects offer an attractive opportunity due to an expected surge in nickel demand price. • Fjordland has some of the best land positions of any junior nickel explorer. • Fjordland’s low market capitalization offers tremendous upside potential
Slide 10: Renzy Nickel Project
RENZY NICKEL PROJECT THE RENZY PROPERTY IS STRUCTURALLY CONTROLLED AND EASILY IDENTIFIED BY SATELLITE IMAGE 10
Slide 11: Renzy Project: Summary
RENZY PROJECT: SUMMARY • Fjordland has an agreement with Quebec Precious Metals to acquire a 100% interest in the Renzy mine represented by 68 mining claims in Hainaut Township, Quebec. Fjordland has since added another 825 claims to the west and south across the Renzy Shear Zone. Renzy Mine • Fjord
Slide 12: Renzy Project - Quebec
RENZY PROJECT - QUEBEC QPM JV Claims FEX Claims 12
Slide 13: Original Geological Model
ORIGINAL GEOLOGICAL MODEL The Renzy Deposit lies within a wedge of ultramafic rocks just north of the Renzy Shear Zone in the Grenville Province, Quebec 13
Slide 14: Magnetic Survey Data: 2011, 2021 Surveys
Magnetic Survey Data: 2011, 2021 Surveys Total Magnetic Field Magnetic First Derivative 14
Slide 15: 2021 VTEM Survey
2021 VTEM Survey Conductor ranking Total Field Magnetics CVG Magnetics B-Field 15
Slide 16: Renzy Mine Detail
Renzy Mine Detail Magnetics B field 16
Slide 17: Renzy Mine: Compilation of all Conductors
Renzy Mine: Compilation of all Conductors B Field VtEM Conductors VTEM interp. plates 2011 AEM cond. Picks Pit Outline 17
Slide 18: Previous Renzy Drilling
PREVIOUS RENZY DRILLING PRE- 1962 Drill Holes 1956 to 1962 Drill Programs The original mineral emplacement model suggested that all mineralization would be near surface. As a result, only shallow targets were explored. Drilling campaigns occurred in 1956, 2005 and 2008. The mid-20th century holes we
Slide 19: Renzy Project: Positive Geophysical Results
RENZY PROJECT: POSITIVE GEOPHYSICAL RESULTS • 3 high priority targets VTEM identified (Priority 1) RENZY L1670 • Priority 1 targets have a similar EM signature to the signature from the Renzy pit area • Minor mag high at EM anomlay • No surveys or drilling have Similar ever been conducted south magn
Slide 20: Pictures – VTEM Survey
PICTURES – VTEM Survey 20
Slide 21: Pictures – South of Alba Lake (Renzy Area)
PICTURES – South of Alba Lake (Renzy Area) 21
Slide 22: Pictures – Old Renzy Dump
PICTURES - Old Renzy Dump fjordiand XPLORATION ING
Slide 23: Pictures – Site Visit to Renzy in June
PICTURES – Site Visit to Renzy in June 23
Slide 24: South Voisey's Bay
SOUTH VOISEY’S BAY VIEW LOOKING SOUTH WITHIN PROJECT AREA Current and historical data is reviewed and presented in “National Instrument 43- 101 Technical Report on the South Voisey's Bay Project, Labrador for Fjordland Exploration Inc. and Commander Resources Ltd. by L. John Peters, P.Geo., Bernard
Slide 25: South Voisey's Bay – Labrador
SOUTH VOISEY’S BAY – LABRADOR • Current Voisey’s Bay resources are 29Mt at 2.1% Ni, 0.9% Cu, and 0.1% Co. (ref.-Vale ) • The South Voisey’s Bay (SVB) Pants Lake Intrusive complex is analogous to the Voisey’s Bay discovery. Huge existing project data set including: Gravity, UTEM, Pulse EM, Megatem, R
Slide 26: SVB Joint Venture
SVB JOINT VENTURE • Fjordland entered into a Joint Venture with Commander Resources in 2014 and has earned 75% in the SVB project. • The JV Agreement was amended in June 2017 to increase its ability to earn up to 100% in SVB, subject to a 2% net smelter royalty. • In August 2017, Fjordland reached a
Slide 27: SVB Recent Activity
SVB RECENT ACTIVITY • $3,200,000 expended on the SVB project since 2017 • 1,469m drilled in 2017 • 1,269m drilled in 2018 • Geophysical re-interpretation and gravity anomaly analysis completed in 2020 and SQUID survey at the Worm target completed in 2021 • Drill Hole 17-6 (shown below) ,while of low
Slide 28: Voisey's Bay Model
VOISEY’S BAY MODEL • Over the years, the VB deposition model has been upgraded and revised. • Once in a system, like SVB, the idea is to look for conduits where the nickel bearing magma has flowed back into structural traps and accumulated into economic volumes. 28
Slide 29: High Grade Nickel Has Been Tested in the Area
HIGH GRADE NICKEL HAS BEEN TESTED IN THE AREA Magmatic Sulphide in Core From South Voisey’s and Voisey’s Bay VB VB VB SVB SVB Diamond drill core from Diamond drill core from DDH97-067 with 1.97% DDH97-075 with 11.6% Modified from Geological Survey of Newfoundland and Labrador showing mineralization
Slide 30: Witch/West Milligan Project – Quesnel Trough - BC
WITCH/WEST MILLIGAN PROJECT – QUENEL TROUGH - BC Mount Milligan Mine (Centerra) Witch West Milligan Data presented herein is a compilation of publicly available exploration work from various historical exploration programs. The Company has not verified the data and interpretations but believes this
Slide 31: Witch/West Milligan Location Map
WITCH/WEST MILLIGAN LOCATION MAP • The Witch and West Milligan projects are located in the heart of the Quesnel Trough between the active Mount Milligan copper/gold mine to the east and the highly perspective West Kwanika/Stardust copper/gold project to the north west held Milligan by Northwest Copp
Slide 32: Witch Soil Anomalies
WITCH SOIL ANOMALIES fjordiand PLORATION ING ‘hi Property Soils Geochemistry Compilation - Au ‘Chuchi Property Soils Geochemistry Compilation - Cu
Slide 33: Witch Historic Drill Locations / Rock Anomalies
WITCH HISTORIC DRILL LOCATIONS / ROCK ANOMALIES • The Witch has been sporadically drilled over its history. • A significant number of soil, rock and geophysical targets remain untested by drilling. 33
Slide 34: Witch Historic IP Surveys
WITCH HISTORIC IP SURVEYS • Previous IP surveys failed to follow up some of the highest potential targets • Re-processing of data will be reviewed in order to prioritise future drill targets. 34
Slide 35: Summary and Conclusions
SUMMARY AND CONCLUSIONS CONTACT: www.fjordlandex.com James Tuer, President & CEO 604-688-3415 info@fjordlandex.com 1111 Melville Street, Suite 1100 Vancouver, B.C. V6E 3V6 35
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