Equity Metals Corporation · TSXV:EQTY
Equity Metals — Investor Presentation (March 2022)
19 slides from Equity Metals's investor presentation, March 2022
Slide 1: Targeting high-grade epithermal veins in a premier mining district
Targeting high-grade epithermal veins in a premier mining district Corporate Presentation March 2022 TSXV:EQTY / OTCQB:EQMEF/ FSE-EGSD
Slide 2: Forward-Looking Statement
Forward-Looking Statement • Some of the statements contained in this presentation may be deemed “forward-looking statements.” These include estimates and statements that describe the Company’s future plans, objectives or goals, and expectations of a stated condition or occurrence. • Forward-looking
Slide 3: Investment Highlights
Investment Highlights High-grade resource open Exceptional assays results Targeting 1.0 – 1.5M oz AuEq for expansion at its Silver demonstrates exploration during 2022; Maiden Queen Project in B.C. upside across several veins Resource on Camp Vein - Q2 Prospective diamond assets Well-funded with +C$
Slide 4: Capital Markets Profile
Capital Markets Profile Capital Structure Share Ownership Share Price and Volume (Since Oct. 2019) Ticker TSX-V: EQTY $0.35 3.0 Share Price (January 21, 2022) C$0.14 Management & $0.30 2.5 Associates 52-Week Trading Range C$0.09 – C$0.20 6.0% $0.25 2.0 Volume (millions) Basic Shares Outstanding 102.
Slide 5: Management Team & Board
Management Team & Board Experienced team with a proven track record of exploration, discovery and development success in North America Lawrence Page, LLB, QC – Chairman & Director • Director/officer of several public prominent exploration and mining companies • Major Projects and Mines involvement:
Slide 6: Equity Metals' Portfolio of Assets
Monument & WO Projects (NW Territories) • Diamond-bearing kimberlites • Nearby diamond production, ~40 km from both the Diavik and Ekati diamond mines Equity Silver Queen Project (British Columbia) • Flagship, precious/base metal project near multiple producing/past-producing mines Metals’ • High-gr
Slide 7: Silver Queen Project Highlights
Silver Queen Project Highlights Well-positioned, district-scale property in the Skeena Arch porphyry copper region • Intermediate-sulfidation epithermal veins – immediate focus • Copper Porphyry targets – possible longer-term evaluation Existing infrastructure in a mature mining region in B.C. Minor
Slide 8: Superior Location & Infrastructure
Superior Location & Infrastructure Near major deposits/mines including Berg, Equity Silver, Endako, Huckleberry, and Mt. Milligan • 17 crown-granted titles and 45 tenure claims covering 18,852 ha in the Omineca Mining Division – 35 km south of the town of Houston, B.C., and 590 km north northwest of
Slide 9: Maiden Resource Open for Expansion
Maiden Resource Open for Expansion Silver Queen Mineral Resource Estimate (NI 43-101 Compliant, July 16, 2019) (C$100 NSR cut-off) Category Tonnes Gold Silver Copper Lead Zinc Gold Eq. Silver Eq. 000s g/t 000 oz g/t 000 oz % M lbs % M lbs % M lbs g/t 000 oz g/t 000 oz Indicated 815 3.24 85 201.4 5,2
Slide 10: Exploration Highlights
Exploration Highlights Since late 2020, completed 76 holes (24,027m) No. 3 Vein – Gold bias Sveinson Extension – • High-grade gold intercepts, Gold bias • Majority of the 2019 Resource • 12 widely spaced holes recently completed over a 1 km strike with multiple vein NG-3 Veins – Gold bias intercepts
Slide 11: Camp Vein Target
Camp Vein Target Resource Target of +1.5M tonnes @ 500 g/t AgEq1 from the Camp Vein • 34 core holes (8,334 m) 3D Projections of Mineralization* • 250 m strike-length tested to up to 200 m depth Vein extensions (to be modelled) • 3D modelling outlines four new ESE-trending veins transition into the S
Slide 12: Camp Vein latest Highlight Assays
Camp Vein latest Highlight Assays Hole From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu (%) Pb (%) Zn (%) AuEq (g/t) AgEq (g/t) SQ21-032 30.6 32.0 1.4 0.1 1,097.0 0.2 0.5 2.2 16.2 1,218.0 SQ21-032 48.6 52.1 3.5 0.0 739.0 0.0 0.1 0.2 10.0 752.0 including 48.6 49.1 0.5 0.1 2,247.0 0.1 0.2 0.6 30.6 2,
Slide 13: Low Sulphide Veins
Camp Vein Target Low Sulphide Veins SQ21-034 48.55-48.85 m: 10,073 g/t Ag, 0.17% Cu, 0.08% Pb, 0.34% Zn SQ21-049 131-131.3m: 3,235g/t Ag, 0.05% Cu, 0.64% Pb, 2.31% Zn equitymetalscorporation.com TSXV:EQTY / OTCQB:EQMEF 13
Slide 14: High Sulphide Veins
Camp Vein Target High Sulphide Veins SQ21-033 175.77-176 m: 2.1 g/t Au, 166g/t Ag, 0.04% Cu, 4.71% Pb, 9.26% Zn SQ21-051: 414.15-414.5 m: 2.0g/t Au, 172g/t Ag, 0.1% Cu, 4.5% Pb, 6.6% Zn equitymetalscorporation.com TSXV:EQTY / OTCQB:EQMEF 14
Slide 15: Sveinson Extension
Sveinson Extension • Completed 12 core holes (4,725.6 m) testing the Sveinson Extension eastward from the Camp Vein target; one hole totaling 402 m tested the Camp Vein; assays pending from six holes • Vein corridor as projected is +200 m wide and 1,000 m strike-length High-Grade Gold-Silver Interce
Slide 16: 2022 Drilling
2022 Drilling New Drilling in 2022 on the NG-3 Vein and the Camp/Sveinson Targets • 13 core holes (4382 m) Long-Section: NG-3 Target • Six holes tested the NG-3 target • Seven holes tested the Camp/Sveinson targets • Assays Pending Previous NG-3 Intercepts ✓ 3.1m grading 8.7 g/t AuEq ✓ 1.2 m grading
Slide 17: Monument & WO Project Highlights
Monument & WO Project Highlights Proven diamond-bearing kimberlites in a superior diamond-producing district in the NW Territories Monument Project • 57.49%-owned (operator), 3,082 ha property within the Lac de Gras cluster, 40 km from both the Diavik and Ekati Mines • 310 km north of Yellowknife, N
Slide 18: Comparable Company Analysis
Comparable Company Analysis EV/Resource Multiples of Silver-Focused Explorers/Developers Trading at C$0.30/oz AgEq, which represents a 63% discount to the average of silver-focused explorers/developers $3.81 $3.02 $2.03 $1.72 $0.97 Average: $0.83/oz AgEq $0.68 $0.57 $0.55 $0.48 $0.48 $0.45 $0.37 $0.
Slide 19: Questions?
Contact 1100 - 1199 West Hastings Street Vancouver, BC Canada V6E 3T5 Questions? Phone: (604) 641-2759 Email: ir@mnxltd.com TSXV:EQTY / OTCQB: EQMEF equitymetalscorporation.com