Metallis Resources Inc. · TSXV:MTS

Metallis Resources — Investor Presentation (January 2023)

41 slides from Metallis Resources's investor presentation, January 2023

  1. Slide 1: Metallis Resources – January 2023

    TSX-V: MTS OTCQB: MTLFF FSE: 0CVM JAN 2023

  2. Slide 2: Cautionary Statement

    CAUTIONARY STATEMENT Certain statements herein may contain forward-looking information within the meaning of applicable securities laws. Forward-looking information appears in a number of places and can be identified by the use of words such as “intends” or variations of such words and phrases or st

  3. Slide 3: Where & Why

    WHERE & WHY ▪ Northwestern BC, Canada. (~1hr 30min flight from Metallis’ headquarters in Vancouver) ▪ Remote location has meant until recently area is underexplored compared to other gold districts around the globe ▪ Elephant Country – even with a lack of exploration activity until recent times a si

  4. Slide 4: The Metallis Opportunity

    THE METALLIS OPPORTUNITY ▪ Highly experienced exploration team with past involvement in major discoveries in the Golden Triangle and around the globe ▪ Fiscally responsible management - After 8 years of operation only 59 million shares are Issued & Outstanding, with no roll-backs ▪ ~10% management o

  5. Slide 5: Kirkham Infrastructure Investment

    KIRKHAM INFRASTRUCTURE INVESTMENT INFRASTRUCTURE IMPROVEMENT = REDUCED EXPLORATION COSTS ▪ $4.5 Billion in recent development ▪ Paved 2 lane highway ▪ Hydroelectric power plants ▪ All-weather access roads and Seabridgegold.com ▪ 287 Kilovolt transmission line airstrips Note: KSM is shown with outlin

  6. Slide 6: BC's Golden Triangle: In the Company of Giants

    BC’S GOLDEN TRIANGLE: IN THE COMPANY OF GIANTS Brucejack mine Credit: Newcrest MARKET CAP COMP CHART RECENT REGIONAL ACQUISITIONS CAPITAL STRUCTURE (As of Jan 2023) ▪ Brucejack / Newcrest – Nov 2021 ~CAD$3.5 Billion Issued & Outstanding 60,544,312 ▪ Snip Gold / Hochschild 60% - Oct 2021 ~CAD$ 100 Mi

  7. Slide 7: Appendix – Management & Advisors

    APPENDIX – MANAGEMENT & ADVISORS Nickolas Dudek Fiore Aliperti Chief Geologist CEO, Director February 2012 – present Charlie Greig Jon Lever Technical Advisor/Consultant Chief Financial Officer, Director (VP of Exploration – GT Gold) January 2012 – present Dave Dupre Dr. Michelle Campbell Vice Presi

  8. Slide 8: Kirkham Property

    KIRKHAM PROPERTY ▪ Red Line is a significant geological marker in the area ▪ 10 kms of the Red Line is found on the Kirkham ▪ Types of deposit in the area: VMS/Nickel/Porphyry ▪ Kirkham has exploration potential for Copper, Gold and Nickel ESKAY RIFT METALLISRESOURCES.COM TSX.V: MTS OTCBB: MTLFF FSE

  9. Slide 9: Kirkham Looking East, Miles Zone, KSM Looking West

    KIRKHAM LOOKING EAST MILES ZONE KSM LOOKING WEST METALLISRESOURCES.COM TSX.V: MTS OTCBB: MTLFF FSE: 0CVM MAY 2022 9

  10. Slide 10: Kirkham Property

    KIRKHAM PROPERTY ▪ 106 km2 land package assembled by renowned copper-gold expert Dr. Rodney Kirkham ▪ Highly fertile region with a rich and diverse metallogeny along the Triassic-Jurassic “Red-line” ▪ 7.5km long Hawilson Monzonite Porphyry Complex associated with Texas Creek suite rocks ▪ Cliff Porp

  11. Slide 11: The Golden Triangle X-Factor – The Red Line

    THE GOLDEN TRIANGLE X-FACTOR – THE RED LINE METALLISRESOURCES.COM TSX.V: MTS OTCBB: MTLFF FSE: 0CVM FEBRUARY 2022 11

  12. Slide 12: Geology

    GEOLOGY ▪ Fertile Eskay Camp with diverse metallogeny, is known for producing mines and advanced exploration projects ▪ >10km Triassic-Jurassic unconformity, the prospective ”Red-line” ▪ 7.5 Kms Hawilson Monzonite Complex ▪ Similar Geology & Mineralization compared to “KSM” - Kerr deposit with ~2 Mo

  13. Slide 13: Cliff-Miles Porphyry Corridor

    CLIFF-MILES PORPHYRY CORRIDOR METALLISRESOURCES.COM TSX.V: MTS OTCBB: MTLFF FSE: 0CVM MAY 2022 13

  14. Slide 14: Cliff-Miles Porphyry System

    CLIFF-MILES PORPHYRY SYSTEM ▪ Prominent IP Anomalies will aid in future drill targeting of the porphyry mineralization and gold- bearing silicification ▪ Sericitic and remnant potassic alteration with increasing quartz stockwork and chalcopyrite at depth DISCOVERY HOLES KH20-37 - Discovered a substa

  15. Slide 15: Cliff-Miles Porphyry System

    CLIFF-MILES PORPHYRY SYSTEM • Graben Structure with 4 Blocks of subvertical porphyry intrusions and east-dipping Hazelton rocks • Gold zone expanded as 200 x 2,500 x 600m in dimensions • Increasing Cu-Au grades and potassic alteration in the feeder zone of the Cliff-Miles Porphyry corridor HIGHLIGHT

  16. Slide 16: Block 3 - Section A-A'

    BLOCK 3 - SECTION A-A’ CLIFF-MILES GOLD ZONE 2500m-long x 150m-wide and >600m-deep ▪ Fault-bounded central Block-3 within a Graben Structure ▪ Dike-sills morphology of porphyry and epithermal mineralization ▪ KH20-42 drilled 91m of 0.38 g/t AuEq. incl. 30m of 0.63 g/t AuEq. ▪ Continued potassic alte

  17. Slide 17: Block 3 - Section B-B'

    BLOCK 3 - SECTION B-B’ CLIFF-MILES GOLD ZONE 2500m-long x 150m-wide and >600m-deep ▪ Fault-bounded Block-3 within a Graben Structure ▪ Dike-sills morphology of porphyry and epithermal mineralization ▪ Remnant potassic alteration and higher Cu-Au grades ▪ Potential of copper-gold core below 600m META

  18. Slide 18: Block 3 - Section C-C'

    BLOCK 3 - SECTION C-C’ CLIFF-MILES GOLD ZONE 2500m-long x 150m-wide and >600m-deep ▪ Fault-bounded Block-3 within a Graben Structure ▪ Dike-sills morphology of porphyry and epithermal mineralization ▪ KH20-34 drilled 141m of 0.64 g/t AuEq. incl. 54m of 1.13 g/t AuEq. confirmed improving grades beyon

  19. Slide 19: Block 2 - Section D-D'

    BLOCK 2 - SECTION D-D’ CLIFF-MILES GOLD ZONE 2500m-long x 150m-wide and >600m-deep ▪ Fault-bounded Block-2 within a Graben Structure ▪ Dike-sills morphology of porphyry and epithermal mineralization ▪ KH17-07 drilled 94m of 0.38 g/t AuEq. incl. 27m of 0.6 g/t AuEq. ▪ Potential of copper-gold core be

  20. Slide 20: Block 2 - Section E-E'

    BLOCK 2 - SECTION E-E’ CLIFF-MILES GOLD ZONE 2500m-long x 150m-wide and >600m-deep ▪ Fault-bounded Block-2 within a Graben Structure ▪ Dike-sill morphology of porphyry & epithermal mineralization ▪ KH18-13 drilled 231m of 0.39 g/t AuEq. Mineralization ▪ Potassic Alteration and vein-stockwork Cu-Au M

  21. Slide 21: Block 1 - Section F-F'

    BLOCK 1 - SECTION F-F’ CLIFF-MILES GOLD ZONE 2500m-long x 150m-wide and >600m-deep ▪ Fault-bounded Block-1 within a Graben Structure ▪ Prominent Feeder zone of Multiple porphyry intrusions ▪ KH17-16 drilled 141m of 0.70 g/t AuEq. incl. 82m of .96 g/t AuEq. ▪ Increasing Potassic alteration and higher

  22. Slide 22: Miles-Block - Section X-X'

    MILES-BLOCK - SECTION X-X’ CLIFF-MILES GOLD ZONE 2500m-long x 150m-wide and >600m-deep ▪ Fault-bounded Miles-Block within a Graben Structure ▪ Multiple porphyry intrusions and sills hosted by Hazelton Rocks ▪ Gold-rich Mineralization appears to exploit the tensional faults and Hazelton Stratigraphy

  23. Slide 23: Miles-Block - Section Y-Y'

    MILES-BLOCK - SECTION Y-Y’ CLIFF-MILES GOLD ZONE 2500m-long x 150m-wide and >600m-deep ▪ Fault-bounded Miles-Block within a Graben Structure ▪ Multiple porphyry intrusions and sills hosted by Hazelton Rocks ▪ Gold-rich Mineralization appears to exploit the tensional faults and Hazelton stratigraphy

  24. Slide 24: Miles-Block - Section Z-Z'

    MILES-BLOCK - SECTION Z-Z’ CLIFF-MILES GOLD ZONE 2500m-long x 150m-wide and >600m-deep ▪ Fault-bounded Miles-Block within a Graben Structure ▪ Multiple porphyry intrusions and sills hosted by Hazelton Rocks ▪ Gold-rich Mineralization exploits the faults and stratigraphy ▪ KH21-45 @ 220m of 0.43 g/t

  25. Slide 25: Porphyry Deposit Comparison

    PORPHYRY DEPOSIT COMPARISON ▪ *Grades are length-weighted average of all significant mineralized intervals METALLISRESOURCES.COM TSX.V: MTS OTCBB: MTLFF FSE: 0CVM MAY 2022 25

  26. Slide 26: Cole Porphyry System

    COLE PORPHYRY SYSTEM KEY FEATURES ▪ Tabular porphyry system (1km x 1 km) at the northern end of the 7.5 km long Hawilson Monzonite Complex ▪ Extensive sericitic alteration and silicification footprint. ▪ Quartz stockwork and Chalcopyrite at surface ▪ KH18-19 cut 7.7m @ 11.18 g/t Au incl. 0.6m @ 137

  27. Slide 27: Cole Porphyry System

    COLE PORPHYRY SYSTEM METALLISRESOURCES.COM TSX.V: MTS OTCBB: MTLFF FSE: 0CVM MAY 2022 27

  28. Slide 28: Cole Section

    COLE SECTION ▪ Multiple Porphyry dikes and extensive sericitic alteration along NE-trending Adam fault system ▪ Epithermal gold mineralization telescoping the underlying porphyry copper-gold system ▪ Gold-rich mineralization associated with a NE-trending corridor of silicified MP and calcareous silt

  29. Slide 29: King East Target

    KING EAST TARGET ▪ Extensive geochemical Cu, Au and Mo anomalies ▪ Intense silicification and vein stockwork ▪ Coincident magnetic and resistivity anomaly ▪ NS trending Structural corridors with Au mineralization METALLISRESOURCES.COM TSX.V: MTS OTCBB: MTLFF FSE: 0CVM MAY 2022 29

  30. Slide 30: King East Target

    KING EAST TARGET METALLISRESOURCES.COM TSX.V: MTS OTCBB: MTLFF FSE: 0CVM MAY 2022 30

  31. Slide 31: Thunder North Target

    THUNDER NORTH TARGET METALLISRESOURCES.COM TSX.V: MTS OTCBB: MTLFF FSE: 0CVM MAY 2022 31

  32. Slide 32: Thunder North Target

    THUNDER NORTH TARGET K9 METALLIS RESOURCES.COM TSX.V: MTS OTCBB: MTLFF FSE: 0CVM MAY 2022 32

  33. Slide 33: Thunder North Target

    THUNDER NORTH TARGET K9 METALLIS RESOURCES.COM TSX.V: MTS OTCBB: MTLFF FSE: 0CVM MAY 2022 33

  34. Slide 34: Thunder North Target

    THUNDER NORTH TARGET METALLISRESOURCES.COM TSX.V: MTS OTCBB: MTLFF FSE: 0CVM MAY 2022 34

  35. Slide 35: Thunder North Target

    THUNDER NORTH TARGET ▪ Ni-Mountain Gabbros at K9 Target, ~1.5km southwest of Garibaldi Resources’ E&L deposit ▪ Outlined 20 coincident VTEM Conductors and Mag anomalies ▪ MDRU/UBC Petrography identified “Olivine Gabbronorite” ▪ Olivine gabbro float with PO-CP-PN, highlight Ni-Cu potential in Thunder

  36. Slide 36: Regional Targets - Kirkham

    REGIONAL TARGETS - KIRKHAM Fewright Creek Target – West of Cliff METALLISRESOURCES.COM TSX.V: MTS OTCBB: MTLFF FSE: 0CVM MAY 2022 36

  37. Slide 37: Kirkham - Stratigraphy

    KIRKHAM - STRATIGRAPHY HIGHLIGHTES ▪ Over 10 km of Prospective Triassic – Jurassic unconformity “Red-Line” ▪ Texas Creek Plutonic suite is responsible for Porphyry Copper-gold systems. ▪ Vein-stockwork gold and VMS potential in the lower Stuhini Group ▪ Eskay Creek type VMS potential in the Hazelton

  38. Slide 38: Regional Exploration Prospective Targets

    REGIONAL EXPLORATION PROSPECTIVE TARGETS ▪ King East: Coincident mag, Cu-Au-Mo geochem, resistivity-low and gold-veins Porphyry & Vein-stockwork gold Target ▪ Fewright: Resistivity-low and mag west of Cliff VMS/ Porphyry Target ▪ Rhyolite Ridge: Gossanous mudstone and Rhyolite lenses VMS Target ▪ Di

  39. Slide 39: Conclusions

    CONCLUSIONS ▪ The 106km2 Kirkham property is situated within a fertile metallogenic belt of northwest BC, with an endowment of 211 million ounces of Gold, 87.7 billion pounds Copper and 1344 million ounces of Silver ▪ The “Red Line” which marks most of the copper-gold deposits in the Golden Triangle

  40. Slide 40: Contact Head Office

    CONTACT 604 688 5077 TSX-V: MTS info@metallisresources.com OTCQB: MTLFF metallisresources.com FSE: 0CVM HEAD OFFICE 604 – 850 West Hastings St. Vancouver, BC V6C 1E1

  41. Slide 41: Appendix – Management & Advisors

    APPENDIX – MANAGEMENT & ADVISORS Nickolas Dudek Fiore Aliperti Chief Geologist CEO, Director February 2012 – present Charlie Greig Jon Lever Technical Advisor/Consultant Chief Financial Officer, Director (VP of Exploration – GT Gold) January 2012 – present Dave Dupre Dr. Michelle Campbell Vice Presi

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