Stelmine Canada Ltd. · OTC:STHFF
Stelmine Canada — Mercator (March 2023)
17 slides from Stelmine Canada's conference presentation, March 2023
Slide 1: Pioneering a New Gold District in Northeastern Quebec
Pioneering a New Gold District in Northeastern Quebec Isabelle Proulx CEO, Stelmine Canada at Mercator TSXV: STH | OTC: STHFF | FSE: SS5 Stelmine Accelerates Early-Stage stelmine.com Discoveries at Courcy and Mercator March 2023
Slide 2: Forward-Looking Statements
© 2023 – Stelmine Canada Ltd. Forward-Looking Statements Investors are cautioned that, except for statements of historical fact, certain information contained in this document includes “forward looking information”, with respect to a performance expectation for Stelmine Canada. Such forward looking
Slide 3: Regional Map
© 2023 – Stelmine Canada Ltd. Regional Map GOLD DISCOVERY JOURNEY WEST TO EAST stelmine.com Courcy and Mercator are part of the Opinaca metasedimentary basin where 565 km2 the geological context has similarities to Newmont’s TSXV:STH | OTC: STHFF | FSE: SS5 Eleonore mine to the west. • 100 to 200 km
Slide 4: stelmine.com
© 2023 – Stelmine Canada Ltd. 938 km2, 100% Owned by STH Eastern Opinaca basin 150 km west of Fermont Courcy Discovery Hole: Mercator: 42-m core interval grading 4.2 A 500 m wide mineralized zone at g/t Au starting just 12 m the core of a 2.5 km corridor downhole (includes 12.2 g/t Au over 13.5 m an
Slide 5: Capital Structure & Valuation
© 2023 – Stelmine Canada Ltd. Capital Structure & Valuation Capital Structure as of February, 2023 Shares Outstanding 90,793,891 Warrants 26,050,055 Options 6,640,000 Fully Diluted 123,483,946 stelmine.com Value $16 M 52 week (Low-High) $0.14 - 0.35 TSXV:STH | OTC: STHFF | FSE: SS5 TSXV: STH | OTC:
Slide 6: Mercator Highlights
© 2023 – Stelmine Canada Ltd. Mercator Highlights District Size 100%-Owned Property – 1,095 claims (595 km²) Large-Scale Gold Potential stelmine.com TSXV:STH | OTC: STHFF | FSE: SS5 The system at Mercator appears to continue for many kilometres past the Meridian Zone Acquired 5x the land position in
Slide 7: Mercator Exploration Campaigns 2020-2021
Mercator Exploration Campaigns 2020-2021 © 2023 – Stelmine Canada Ltd. The mineralization was discovered along a minimum of 2.5 km length inside 5 to 20 m thick layers/slabs of mafic granulitic rocks dipping 30°-40° to the NW and bounded by important low angle thrust faults. Shallow dipping minerali
Slide 8: IP/Resistivity Survey 2022
© 2023 – Stelmine Canada Ltd. IP/Resistivity Survey 2022 • The survey covered 25 linear-km with a 200 meter spacing. • It has extended the gold prospective stelmine.com area to 3.6 km along a NE/SW strike with a 700-metre width at the southwestern end. • The Survey also reveals at least TSXV:STH | O
Slide 9: Mercator Drilling Campaign
© 2023 – Stelmine Canada Ltd. stelmine.com TSXV:STH | OTC: STHFF | FSE: SS5 Mercator Drilling Campaign The company drilled 1950 m (13 drill holes) on the Meridian gold-bearing Zone extending 2.5 km X 500 m. Logging of core material shows similar rock type and sulphide mineralization observed and sam
Slide 10: Drilling campaign – Mercator 2022
© 2023 – Stelmine Canada Ltd. Drilling campaign – Mercator 2022 The company drilled 1950 m (13 drill holes) on the Meridian gold-bearing Zone extending 2.5 km X 500 m. 5 of the 13 drillholes yielded significant intersections with gold values > 1.0 g/t ranging from 1.45 to 17.80 m in stelmine.com app
Slide 11: Mercator – Cross Section
TSXV:STH | OTC: STHFF | FSE: SS5 stelmine.com © 2023 – Stelmine Canada Ltd. Mercator – Cross Section 11
Slide 12: Drill Campaign Courcy
© 2023 – Stelmine Canada Ltd. Drill Campaign Courcy 2,237 metres of core samples Courcy Project - 178 sq. km Courcy Discovery Hole: Geological and structural framework at Courcy bears similarities to Newmont's world 42 m core interval grading 4.2 g/t class Musselwhite mine in Northern Ontario Au sta
Slide 13: Results of the 2021-2022 Drill Campaign Courcy
© 2023– Stelmine Canada Ltd. Results of the 2021-2022 Drill Campaign Courcy The Company intends to investigate these promising sites during Phase 2 DDH_No. Au (g/t) From (m) To (m) Lenght (m)* DDH_No. Au (g/t) From (m) To (m) Lenght (m)* ZONE 1 STH21-COU001 2.86 24.4 34.4 10.0 STH21-COU007 0.79 4.0
Slide 14: 2021-2022 Drill Campaign Courcy
© 2023– Stelmine Canada Ltd. 2021-2022 Drill Campaign Courcy A total of 14 drill holes comprising 2,237 metres were completed in Phase 1 Zone 1 Around SOQUEM Discovery Hole #8 • Stelmine has extended the prospective gold system in Zone 1 to at least 300 metres along the Couteau Fault stelmine.com •
Slide 15: 2021 Drill Campaign Courcy
© 2023 – Stelmine Canada Ltd. 2021 Drill Campaign Courcy Zone 4 Drilled for the first time in 2022 • 2 drill holes completed stelmine.com • Intersected sulphide mineralization in an assemblage of fuchsite-bearing metasediments and garnet-rich amphibolites TSXV:STH | OTC: STHFF | FSE: SS5 15
Slide 16: Leadership Team
© 2023 – Stelmine Canada Ltd. Leadership Team Isabelle Proulx | BBA | President and CEO Ms. Isabelle Proulx holds a Bachelor in Business Administration. She is the co-founder of Petrolia (PEA- Normand Goulet | P.geo. , Ph.D. | Director - Geology Advisory Committee TSXV), society for whom she has act
Slide 17: Contact
Contact Isabelle Proulx President and CEO info@stelmine.com Stellar Opportunity. 418.626.6333 TSXV: STH | OTC: STHFF | FSE: SS5 Investor Relations MarketSmart Communications Adrian Sydenham info@marketsmart.ca 1-877-261-4466 stelmine.com Twitter.com/StelmineCanada Facebook.com/StelmineCanada LinkedI