Somerset Minerals Limited · ASX:SMM
Somerset Minerals — Tempus Resources — Investor Presentation (April 2021)
28 slides from Somerset Minerals's investor presentation, April 2021
Slide 1: An Americas Focused Gold Explorer and Developer
AN AMERICAS FOCUSED GOLD EXPLORER AND DEVELOPER INVESTOR PRESENTATION April 2021 ASX: TMR TSX.V: TMRR
Slide 2: Disclaimer
DISCLAIMER Certain statements in this presentation are forward-looking statements. requirements and risks; currency fluctuations; government regulation and Forward-looking statements consist of statements that are not purely policy risks; the Company has no history of mining operations; property tit
Slide 3: Overview
OVERVIEW Actively exploring in two prolific mining districts: British Columbia, Canada and Ecuador. Elizabeth / Blackdome British Columbia, Canada Tier one jurisdiction High grade gold mineralization Established past-producer (Blackdome) Fully permitted infrastructure, near term production p
Slide 4: Why Invest in Tempus
WHY INVEST IN TEMPUS Current pre-resource upgrade valuation offers investors an attractive entry point into a growth-oriented gold exploration and development company. High Quality Assets in World Class Jurisdiction British Columbia is one of the world’s most important mining regions and the third
Slide 5: Financial Snapshot
Financial Snapshot New gold company with listing on ASX (TMR) and TSX.V (TMRR) and OTCQB application in process. Share and Capitalization Metrics Shareholder Structure Issued and 86.4M Outstanding1 Institutional Investors Options on Issue1 (Avg 11.2M (~10%) Ex price A$0.24) Performance Rights1 3.4M
Slide 6: Overview – BC, Canada Projects
OVERVIEW – BC, Canada Projects Elizabeth / Blackdome Project British Columbia, Canada > Historic producer with potential to fast- track restart of production > Existing mine infrastructure mine, mill and tailings storage facility > Current drill program to expand historic high grade resources, Updat
Slide 7: Overview – Ecuador Projects
OVERVIEW – Ecuador Projects Zamora Projects (Rio Zarza & Valle del Tigre II) Ecuador 463 Mt @ 0.66% Cu > Projects within the prolific Jurassic Mineral Belt 124 Mt @ 0.70% CuEq that hosts major copper and gold projects throughout South East Ecuador including Warintza and Mirador copper porphyry depos
Slide 8: Management and Board
Management and Board Alexander Molyneux - Non-Executive Chairman Jason Bahnsen – President & CEO Mining industry executive and financier with 20+ years’ industry Mining engineer with over 30 years’ of experience in natural experience. Current CEO of Galena Mining Ltd (ASX: G1A), resources finance an
Slide 9: Canada: Elizabeth / Blackdome Gold Project
CANADA ELIZABETH / BLACKDOME GOLD PROJECT TEMPUS RESOURCES LTD. (ASX: TMR / TSX.V TMRR) | 9
Slide 10: Location and Regional Production
LOCATION AND REGIONAL PRODUCTION > Located approximately 200 km north of Vancouver by paved highway in a prolific gold producing area in southern British Columbia > 35 km northeast of past producing Bralorne Gold Mine, which produced 4.2 m ounces of gold (avg head grade of 17.7 g/t) from 1928 to 197
Slide 11: Elizabeth-Blackdome Historical Resource Estimates
ELIZABETH-BLACKDOME HISTORICAL RESOURCE ESTIMATES > Historic resources of approximately 300k oz of gold (50k oz Indicated / 250k oz Inferred) across the Blackdome-Elizabeth mineral claims. > Historic resource estimates were done at a gold price of US$1,000 per ounce (current spot US$1,725/oz) and 5g
Slide 12: Elizabeth Gold Project
ELIZABETH GOLD PROJECT Visible gold in 2010 drill core from Elizabeth View of Elizabeth from the upper mine aspect showing an entry portal. TEMPUS RESOURCES LTD. (ASX: TMR / TSX.V TMRR) | 12
Slide 13: Elizabeth – Exploration Drilling
ELIZABETH – Exploration Drilling > Drilling began in Nov 2021 (12 holes - 2,000 metres completed) > 2021 drilling to target extensions to veins along strike and at depth (7,500 metres Vein Extension planned for 2021 season). > Drilling to restart in May/June 2021 > Updated resource estimate targeted
Slide 14: Elizabeth – SW Vein Long-Section
ELIZABETH – SW VEIN LONG-SECTION > Drilling to date has been shallow only targeting ~200m from surface > Mesothermal type vein system analogous with Bralorne, which was mined to ~2,000 m / 4m oz > The SW Vein remains open to the NE along strike and down dip. > Visible gold common in ‘Bonanza ‘ grade
Slide 15: Significant Exploration Potential: Elizabeth
SIGNIFICANT EXPLORATION POTENTIAL: ELIZABETH > Visible gold identified in December 2020 over total interval length of two metres within a five metre quartz vein. > Assays from the visible gold intersection for hole EZ-20-06 5.0m at 61.3 g/t gold, including 1.5m at 186.0 g/t gold. > z Red line indica
Slide 16: Elizabeth – Satellite Deposit Upside
ELIZABETH – SATELITE DEPOSIT UPSIDE > Significant new gold in soil anomaly discovered 2019 > Results up to 0.66 g/t. > Supported by coincident pathfinder element anomalies > Follow up exploration planned for 2021 > Potential for completely new discovery > HIGHLIGHTS SIGNIFCANT UNEXPLORED REGIONAL >
Slide 17: Blackdome Project
BLACKDOME PROJECT > The Blackdome Project includes a 300 tonne/day conventional gravity separation and flotation mill and permitted tailings storage facility > The previous production history (230koz at 22g/t 1985 - 1991) > Key approvals and permits in place > Existing infrastructure provides a path
Slide 18: Blackdome Exploration Plan 2021
BLACKDOME EXPLORATION Plan 2021 BLACKDOME > Conduct alteration mapping study using PIMA (portable infrared mineral analyzer) > Target high-grade Au-Ag zone below boiling zone by diamond drilling (Giant, Watson, Redbird, No.17 and No.3 Veins) > Conduct geological mapping and prospecting program west
Slide 19: Blackdome Drilling Results - 2020
BLACKDOME DRILLING RESULTS - 2020 > Total of 26 holes were completed in 2020 for a total of 5,087 m Giant Vein BD-20-12 139m > Results indicate broad mineralized alteration zones surrounding High-grade epithermal Au-Ag veins with textures related to boiling zone, above potential ‘ore zone’ > Drillin
Slide 20: Elizabeth-Blackdome – Exploration Plan 2021
ELIZABETH-BLACKDOME – EXPLORATION PLAN 2021 The key exploration goal for 2021 is to increase the size and confidence level of the Blackdome/Elizabeth Resource Estimates to support an economic study for the development and restart of mine operations. > BLACKDOME > Conduct alteration mapping study usi
Slide 21: Ecuador: Zamora Projects
ECUADOR ZAMORA PROJECTS
Slide 22: Ecuador: Zamora Mineral District
ECUADOR: ZAMORA MINERAL DISTRICT > The Zamora Mineral District is situated at the southern end of the Cordillera Real tectonic terrane, cored by Paleozoic metamorphics, intruded by three Jurassic batholith complexes and co-magmatic volcanics > Fruta del Norte hosts an NI43-101 Indicated Mineral Reso
Slide 23: Rio Zarza Target Enhancement
RIO ZARZA TARGET ENHANCEMENT > Resistivity data from recent ZTEM survey highlights likely continuation of FdN hosts rocks under Rio Zarza > New, previously unavailable assays from the only previous deeper hole show anomalous gold and silver over the final 19.1 metres of the hole, including 4 m @ 0.2
Slide 24: Valle del Tigre
VALLE DEL TIGRE > Subparallel north-northeast rift faults controlling Fruta del Norte deposit are repeated at Valle del Tigre > Phase I Exploration confirms Copper and Gold with soil and stream sediment sampling > Phase II exploration will systematically explore the entire northern portion of VdT co
Slide 25: Appendix: Elizabeth Drilling Results – 2020
APPENDIX: ELIZABETH DRILLING RESULTS – 2020 True Grade x Hole ID From (m) To (m) Interval (m) Gold Grade Silver Grade Vein Thickness (m) Metres EZ-20-04 101.5 104.7 3.20 2.45 5.26 7.51 17 SW Vein including 103.0 104.7 1.70 1.30 9.74 3.88 17 SW Vein EZ-20-06 116.5 121.5 5.00 3.83 61.3 44.5 307 SW Vei
Slide 26: Appendix: Blackdome Drilling Results – 2020
APPENDIX: BLACKDOME DRILLING RESULTS – 2020 HOLE-ID FROM TO Length AU AG Vein BD-20-21 49.00 162.30 113.30 0.47 3.3 No. 3 including 83.00 85.05 2.05 2.19 109 No. 3 including 122.40 123.30 0.90 16.7 9.8 No. 3 BD-20-22 58.00 126.50 68.50 0.89 2.0 No. 3 including 62.00 63.00 1.00 5.57 17.0 No. 3 includ
Slide 27: Appendix - Achievements in 2020
APPENDIX - ACHIEVEMENTS IN 2020 Project Milestones Corporate Milestones Blackdome / Elizabeth Project (BC) Fund Raising – A$7.8 million raised > In May 2020, Tempus became the first foreign issuer > Received 5-year multi-area-based Exploration to raise “flow through” funding in Canada raising Permit
Slide 28: www.tempusresources.com.au
Level 2, 22 Mount Street, Perth WA 6000, Australia +61 8 6188 8181 @ResourcesTempus www.tempusresources.com.au
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