Canterra Minerals · TSXV:CTM
Canterra Minerals — Investor Presentation (April 2023)
24 slides from Canterra Minerals's investor presentation, April 2023
Slide 1: Mineral Exploration in Newfoundland, Canada
TSXV:CTM MINERAL EXPLORATION IN NEWFOUNDLAND, CANADA April 2023 TSX.V: CTM OTCQB: CTMCF info@canterraminerals.com www.canterraminerals.com
Slide 2: Forward Looking Statements & Disclosures
Forward Looking Statements & Disclosures TSXV:CTM This presentation was prepared by management of Canterra Minerals Corporation (“Canterra” or the “Company”). The information contained in this presentation (a) is provided as at the date hereof, (b) does not purport to contain all the information tha
Slide 3: Overview
Overview • Focused on gold and base metal exploration in Central, Newfoundland • Canterra Gold Properties o Northeast-Southwest trending crustal-scale fault zone (>200 km in length) with multiple significant gold discoveries o Gold Properties cover ~80 km of prospective strike length of the regional
Slide 4: Management Team
Management Team Chris Pennimpede, P.Geo – CEO & Director Andrew Farncomb, B.Comm – Director • 14 years of exploration experience • Founder and Managing Partner of Cairn Merchant Partners LP • VP Corporate Development at Contact Gold • Former Partner at Paradigm Capital Inc. • Director at Contact Gol
Slide 5: Capital Structure
Capital Structure Capital Structure Shareholders Share Price C$ $0.060 Shares Outstanding M 77.1 Market Capitalization C$mm $4.6 Cash C$mm $0.9 Warrants (Total) M 7.2 Options M 4.9 Shares Outstanding (Fully Diluted) M 89.1 Retail, HNW and Michael Gentile - Institutional - 46% 12% Options & Warrants
Slide 6: Newfoundland Opportunity
Newfoundland Opportunity Point Rousse Mine Hammerdown (500koz) Golden Promise Deposit (120koz) Glover Island Deposit (200koz) The Knob Duck Pond Deposit (78koz) Mine Canterra Golden Rose Properties Cape Ray Valentine Deposit Deposits (849koz) (4.8Moz) Hope Brook Deposit (1.0Moz) TSX.V: CTM OTCQB: CT
Slide 7: Land Position
Land Position •Established resource base on VMS Properties Clipper Brook •VMS properties have significant scope for expansion of resources •Gold properties cover significant strike of ~80km along major gold-bearing structure •Several gold targets drilled, but most of the ground is untested greenfiel
Slide 8: VMS Properties Overview
VMS Properties Overview • Victoria Lake supergroup in Central Newfoundland contains abundant Cambrian to Ordovician VMS deposits across several volcano-sedimentary belts. • Canterra VMS deposits are hosted in the Tally Pond Belt, Long Lake Belt & Tulks Belt, in close proximity to the Buchans mine an
Slide 9: Resource Base
Resource Base • Three properties contains mineral resource estimates prepared in accordance with National Instrument 43-101 • Strong average gold grades greater than 1.0 g/t at the Lemarchant and Boomerang deposits Contained Metal (4) Deposit Category Tonnes Au Ag Zn Pb Cu Zn Eq. Zinc Copper Preciou
Slide 10: VMS Deposits
VMS Deposits • 5 VMS properties located within key VMS- bearing belt containing past producing mines • Drill ready targets on known deposit areas Duck Pond Mine (Teck) • All year road access and established infrastructure in place to all VMS properties Tulks East Lemarchant Long Lake Boomerang TSX.V
Slide 11: Lemarchant
Lemarchant • Underlain by Tally Pond Group bimodal volcanics, host to several mineralized showings as well as the historic Duck Pond Mine • >50,000m (165 BH) drilled – 2018 MRE: • 2.4 Mt @ 12.7% ZnEq Indicated Resources • Main Zone Resource 100-250m deep • NW Zone Resource 300-400m deep 1 • Signific
Slide 12: Lemarchant – Main Zone South Extension
Lemarchant – Main Zone South Extension • Main Zone truncated to South by normal fault • Some mineralized holes drilled to the south NW SE • Up-dip area may be prospective for higher-grade undiscovered extensions Zn % • Example intercepts in Main Zone near fault: • 4.7m @ 1.4% Cu, 3.7% Pb, 27.5% Zn,
Slide 13: Boomerang & Domino
Boomerang & Domino • Underlain by Tulks Hill Group bimodal volcanics, with zones of alteration associated with sulphides mapped NE extension not tested • >71,000m (231 BH) drilled at Boomerang-Domino • Boomerang & Domino deposits have 2007 MRE: • Indicated: 1.36 Mt at 7.1% Zn, 3.0% Pb, 0.5% Cu, 110.
Slide 14: Boomerang – Summary of Key Targets
Boomerang – Summary of Key Targets • Significant potential for massive sulphides below Boomerang • Little to no drilling completed to SW of Boomerang – potential for shallow extensions • Domino remains open to the NE and SW • Hurricane Prospect open to the NE, offset by Baxter Pond Fault TSX.V: CTM
Slide 15: Long Lake & Tulks East
Long Lake & Tulks East • Significant area underlain by volcanic package (Victoria Lake Supergroup) host to regional VMS targets • Long Lake – 103 drillholes (26,881 m) & 2011 MRE, Tulks East drilling Untested soil but most of the ground is unexplored anomalies • Long Lake MRE 50-400m depth: • Indica
Slide 16: VMS Targeting
VMS Targeting • Initial Data Review & Organisation of data completed for Lemarchant, • Priority 2 – Boomerang Boomerang & Tulks East o 2nd largest resource (2007 MRE) • Priority 1 – Expansion of Lemarchant o Extensive & geochemical dataset including >17,000 soils o Largest Resource o Geophysics incl
Slide 17: Gold Properties Overview
Gold Properties Overview • Located along a continental collision margin formed as part of the Appalachian Orogeny – the collision of Laurentia with Gondwana and it’s micro-continents (Gandaria and Avalonia) o The Dog Bay Line (DBL) is a major suture formed by the closing of the Iapetus Ocean and can
Slide 18: Valentine Lake Shear Zone “VLSZ”
Valentine Lake Shear Zone “VLSZ” • Northeast-Southwest trending crustal-scale fault zone (>200 km in length) with multiple significant gold discoveries • Trace of VLSZ corridor marked by belt of Rogerson Lake Conglomerate • Rogerson Structural Corridor has the same structural architecture of the wor
Slide 19: Marathon Gold’s Valentine Lake (5.1Moz Au)
Marathon Gold’s Valentine Lake (5.1Moz Au)(1) • Largest Undeveloped Gold Resource in Atlantic Canada • Construction stage project released from assessment in 2022 with early works construction that began in October Alder Elm • Five deposits defined to date on 20km trend – 4.0Moz M&I (1.90g/t Au) and
Slide 20: Wilding and the VLSZ
Wilding and the VLSZ • Does the MOZ setting exist along the North Wilding projection of the VLSZ and Rogerson Structural Corridor? • Known gold at Wilding currently confined to Dogberry the thrust contact between Rogerson Victory Deposit (150koz Conglomerate and Silurian Volcanics @ 1.4 g/t) VLSZ El
Slide 21: Wilding: Summary of Drilling to Date
Wilding: Summary of Drilling to Date Target Zone Metres Holes Elm 1,808 22 Alder 1,032 9 Soil targets along VLSZ Red Ochre 3,053 18 Elm 5m @ 10 g/t Dogberry 839 7 0.5m @ 40 g/t VLSZ (North) 2,000 8 West Wilding 1,805 9 Other 2,068 11 Total 12,605 83 Alder 1m @ 88 g/t Dogberry West Wilding (Red Ochre
Slide 22: Future Wilding Exploration
Future Wilding Exploration • Testing of East Alder licences – NE striking Red Ochre Thrust with soil anomalies • Continued testing of Red Ochre zone • Testing of West Wilding VLSZ target • Granite Target below RLC – testing for Granite Target shallower shear zone (WL-17-29 intersected 3.9m @ 1g/t Au
Slide 23: Peer Group Market Cap (C$mm)
Peer Group Great Atlantic FS/PFS/PEA St James Gold Resource Churchill Pre-Resource 1186 348 Market Cap (C$mm) 45 41 40 28 23 22 21 19 3 3 6 2 5 5 Source: Capital IQ Pro, March 28th 2023 TSX.V: CTM OTCQB: CTMCF www.canterraminerals.com info@canterraminerals.com
Slide 24: Buffalo Head Hills Project
Buffalo Head Hills Project • The Buffalo Hills Property is a Joint Venture between Canterra (50%) and Star Diamonds Corporation (50%) • Canterra is the operator of the project • The area consists of 21 mineral leases covering ~4,800 hectares • Historic expenditures on the project of over $15 million
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