Maple Gold Mines Ltd · TSXV:MGM
Maple Gold Mines — Investor Presentation (January 2022)
33 slides from Maple Gold Mines's investor presentation, January 2022
Slide 1: Corporate Presentation January 2022
CORPORATE PRESENTATION JANUARY 2022
Slide 2: Disclaimer
DISCLAIMER Cautionary Notes Regarding Forward-Looking Statements This Corporate Presentation (“Presentation”) includes “forward-looking information” and “forward-looking statements” (collectively referred to as “forward-looking statements”) within the meaning of applicable Canadian securities legisl
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS Established and Growing Located in Quebec’s prolific Gold Resource and a Past- Strategic Partnership with Major Company Robust Balance Sheet Strong Institutional Abitibi Greenstone Belt Producing High-Grade a Top Tier Gold Producer Management & Board Shareholders Mining Camp 2.
Slide 4: The Canadian Hub for Mining
THE CANADIAN HUB FOR MINING The Abitibi belt stretches from Wawa in Ontario to Chibougamau in Quebec – two of Canada’s top mining jurisdictions and hotbed for M&A activity. MAPLE GOLD *Quebec consistently ranked as a top 10 mining jurisdiction in the world (Fraser Institute). *Exploration tax-incent
Slide 5: M&A Activity in the Prolific Abitibi Greenstone Belt
M&A ACTIVITY IN THE PROLIFIC ABITIBI GREENSTONE BELT The Region has Produced ~$25B in M&A Activity since 2013 Agnico and Kirkland Lake agree to merge with Agnico acquiring Kirkland Lake for ~C$13.5B PAGE 5 5
Slide 6: Largest Mines in the Abitibi
LARGEST MINES IN THE ABITIBI (Pro forma AEM/KL transaction) PAGE 6 6
Slide 7: Maple Gold: The Next Takeout Target in the Heart of the Abitibi?
MAPLE GOLD THE NEXT TAKEOUT TARGET IN THE HEART OF THE ABITIBI? ❖ Strategic 400 km² property package ❖ Established gold resource at Douay (50/50) ❖ High-grade past-producing Telbel Mine (50/50) ❖ High-grade past-producing Eagle Mine (100%-controlled by Maple Gold) ❖ Excellent potential to define sig
Slide 8: 50-50 Partnership with Agnico Eagle
50-50 PARTNERSHIP WITH AGNICO EAGLE ▪ NO. 1 GOLD PRODUCER IN CANADA & TOP 10 GOLD PRODUCER WORLDWIDE. ▪ Takes extremely conservative and measured approach to investments and asset acquisition. ▪ Agnico made a $6.2M strategic investment into Maple Gold (closed October 14, 2020) ▪ 50-50 JV Agreement s
Slide 9: District Scale Mineralization Footprint at Douay
DISTRICT SCALE MINERALIZATION FOOTPRINT AT DOUAY ▪ Similar mineralization footprint as other major mines in the Abitibi ▪ Significant exploration upside ▪ Douay still relatively underexplored ▪ 55km of strike along the Casa Berardi Deformation Zone Disclaimer: Mineralization hosted on adjacent and/o
Slide 10: Exceptional Infrastructure Access
EXCEPTIONAL INFRASTRUCTURE ACCESS ▪ 2.5-hour drive north of Val d’Or, Quebec along paved 2-lane provincial highway (Hwy #109), which runs through the property ▪ Next to 1 of 6 major power lines in the province ▪ 55 km SW of Matagami with skilled labour, local airport and rail access ▪ Douay covers ~
Slide 11: Douay Gold Project – District Scale
DOUAY GOLD PROJECT – DISTRICT SCALE DOUAY GOLD PROJECT (50%) Third Largest Undeveloped Gold Resource in Quebec Indicated: 8.6Mt @ 1.52 g/t Au for 422Koz Au Inferred: 71.2Mt @ 1.03 g/t Au for 2.35Moz Au Major resource expansion and new discovery potential across 357 km2 land package - virtually royal
Slide 12: Drilling Successes Since RPA 2019 Estimate
DRILLING SUCCESSES SINCE RPA 2019 ESTIMATE (2.77MOZ TOTAL CONTAINED GOLD) • 19,000 m drilled (>15,000 m within the resource area) since RPA 2019 • Key drilling successes across several zones (NW, Douay West, Nika, Porphyry & 531) • Significant upside remains along Casa Berardi North Fault • Depth po
Slide 13: Results Pending from Fall Drill Campaign at Douay
RESULTS PENDING FROM FALL (Q4/2021) DRILL CAMPAIGN AT DOUAY DO-21-282X DO-17-202 1.6 g/t Au over 132.5m 4.5 g/t Au over 9.0m DO-21-295 N 334 g/t Au over 1.0m 72.7g/t Au over 0.7m Nika Zone DO-21-318 Central DO-21-315 Zone 1km DO-21-313 DO-21-314 531 Zone Fall 2021 drillholes DO-21-319 DO-21-316 RPA
Slide 14: Significant Depth Extension Potential at Douay
SIGNIFICANT DEPTH EXTENSION POTENTIAL AT DOUAY ▪ Average vertical drill depth at Douay less than 400 m ▪ Mines in the Abitibi renowned for vertical continuity ▪ Casa Berardi, Goldex and Canadian Malartic mines all have known resources/mineralization down to 1,500-2,000 m* ▪ Per RPA, potential to add
Slide 15: Maple Gold Advancing the Next Canadian Malartic?
MAPLE GOLD ADVANCING THE NEXT CANADIAN MALARTIC? The Douay-Joutel JV is based on the Canadian Canadian Malartic is now Canada’s largest gold mine 2014 Malartic JV Partnership 2021 AEM/YRI Acquired Douay – 50/50 JV Osisko Mining for AEM to spend C$18m Canadian Malartic, Vertical Longitudinal Section
Slide 16: Past Producing Joutel Mine Complex: 1974-1993
PAST PRODUCING JOUTEL MINE COMPLEX: 1974-1993 Joutel Mine Site Entrance Telbel Headframe Eagle Mine Mill Complex Note: Historical pictures. All surface infrastructure has been removed PAGE 16
Slide 17: History of the Joutel Mine Complex in Northwest Quebec
HISTORY OF THE JOUTEL MINE COMPLEX IN NORTHWEST QUEBEC Joutel was largely forgotten during the past 28 years since mine closure… UNTIL NOW PAGE 17
Slide 18: Strategic Property Consolidation: Near Mine Extensions and Parallel Trends
STRATEGIC PROPERTY CONSOLIDATION: NEAR MINE EXTENSIONS AND PARALLEL TRENDS PROVIDE HIGH-GRADE UPSIDE JOUTEL JOUTEL PROJECT GOLD PROJECT (50%) Hosts Agnico’s historical Eagle-Telbel Mining Camp Past production of 6.2 Mt at 6.5 g/t Au for total of 1.15 Moz gold* Mined from 1974 to 1993 (closed when go
Slide 19: District-Scale Eagle-Telbel Long Section
DISTRICT-SCALE EAGLE-TELBEL LONG SECTION: NEW 3D MODEL & MODERN APPROACH TO REVITALIZE HISTORIC MINE COMPLEX A Data-Rich, High-Grade Gold Project with Significant Near-Mine Expansion Potential PAGE 19 PAGE 19
Slide 20: Phase I Drill Campaign Set to Commence at Eagle
PHASE I DRILL CAMPAIGN SET TO COMMENCE AT EAGLE Diabase Dykes • NW and depth extensions at Eagle both show significant potential 2 1 • Potential parallel shoot of mineralization to the NW of mined out stopes at Eagle 3 • Black dots highlight series of pierce EM-14-001 points associated with permitte
Slide 21: Eagle Mine: High-Grade Mineralization Present N-S of Mine Horizon
EAGLE MINE: HIGH-GRADE MINERALIZATION PRESENT TO THE N-S OF MINE HORIZON Near surface example section view at Eagle highlighting significant grade potential outside of the main mine horizon Maple Gold Exploration Team at Eagle Mine Property October 2021 PAGE 21
Slide 22: Capital Structure, Financial Position & Ownership
CAPITAL STRUCTURE, FINANCIAL POSITION & OWNERSHIP As of January 7, 2022 Share Ownership Mix Shares Outstanding 335.0M 2.7% Warrants (~45% Agnico)1 56.9M 12.1% Options2 27.1M Management/Insiders/Closely Related Fully Diluted3 417.4M 44.2% Agnico Eagle Mines 52-week high/low share price $0.49-$0.24 Ma
Slide 23: Key Management & Advisors
KEY MANAGEMENT & ADVISORS Matthew Hornor Joness Lang Kiran Patankar Fred Speidel David Broughton President & CEO Executive VP SVP Growth Strategy VP Exploration Technical Advisor ▪ Extensive expertise in ▪ B.Com/Finance background ▪ 12+ years of senior ▪ 30+ years exploration ▪ Former Executive VP,
Slide 24: Board of Directors
BOARD OF DIRECTORS Michelle Roth Matthew Hornor Gérald Riverin Maurice Tagami Sean Charland Chairperson President & CEO, Director Director & Technical Advisor Director & Technical Advisor Director • Entrepreneur and business • Extensive expertise in • Internationally renowned • Technical Ambassador
Slide 25: The Maple Gold Value Stack
THE MAPLE GOLD VALUE STACK ➢ ~C$23.7M IN CASH (AS OF JANUARY 1, 2021) ➢ ~C$21M IN POTENTIAL PROCEEDS FROM WARRANTS ➢ C$18.3M IN JOINT VENTURE FUNDING FROM AGNICO EAGLE (2021-2024) C$117M ➢ C$40M IN BUY BACK PROVISIONS TIED TO MAPLE GOLD’S 2% NSR AT DOUAY ➢ ~C$150M IN DRILLING REPLACEMENT COSTS (250,
Slide 26: Recent Milestones & Upcoming Catalysts
RECENT MILESTONES & UPCOMING CATALYSTS 2021 H1/2022 ✓ Signed Definitive JV Agreement with Agnico Eagle ❑ Results from fall drill campaign at Douay ✓ Initial JV drill program returned 3 of top 5 intercepts ever reported at Douay ❑ Douay: Updated NI43-101 Resource Estimate (Q1) ✓ Major digitization an
Slide 27: Contact Information
CONTACT INFORMATION SUITE 600 1111 WEST HASTINGS STREET VANCOUVER, BC V6E 2J3 CANADA PHONE: +1 (647) 265.8688 EMAIL: INFO@MAPLEGOLDMINES.COM PAGE 27 Douay headframe at night – October 2021
Slide 28: Appendix
CONTACT INFORMATION APPENDIX APPENDIX PAGE 28
Slide 29: Increasing Hit Rate at Douay with 5 of the Top 10 Intercepts
INCREASING HIT RATE AT DOUAY WITH 5 OUT OF THE TOP 10 INTERCEPTS TOP 20 DRILL HITS AT THE DOUAY GOLD PROJECT TO-DATE 4KM ACCESS ROAD (5 OF TOP 10 DRILL HITS DELIEVERED BY CURRENT MAPLE GOLD EXPLORATION TEAM) TO HWY 109 Rank Hole Year Length Area From To Interval Au g/t Accum 1 DO-05-04 2005 213.0 Po
Slide 30: Example Success from Maiden JV Drill Program at Douay
EXAMPLE SUCCESS FROM MAIDEN JV DRILL PROGRAM AT DOUAY Results returned 132 m of 1.58 g/t Au – top 5 grade-thickness intercept ever encountered at Douay. N-S cross section looking west, 25m corridor either side, showing >0.45 g/t Au blocks from RPA 2019 model. Blocks >1 g/t Au highlighted in red. Pos
Slide 31: 2021 Drill Program Success – 531 Zone
2021 DRILL PROGRAM SUCCESS – 531 ZONE Results returned 28.5 m @ 8.8 g/t Au – another top 5 intercept to-date at Douay (grade x thickness) Cluster of high reflectance visible gold grains at 307.6m in DO-21-310, part of sample interval grading over 8g/t Au. Note abundant silica content with crystal fr
Slide 32: Bonanza-Grade Visible Gold in Drill Hole DO-21-295 at Douay
BONANZA-GRADE VISIBLE GOLD IN DRILL HOLE DO-21-295 AT DOUAY 334 g/t 72.7 g/t ▪ Final results from winter drilling at Douay included two separate spectacular intercepts from the western Porphyry Zone ▪ 334.0 g/t Au from 57m downhole (in-pit) and 72.7 g/t Au from 358m downhole (well north of current R
Slide 33: Thank You
BONANZA-GRADE THANK YOU VISIBLE GOLD IN DRILL HOLE DO-21-295 AT DOUAY PAGE 33
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