Maple Gold Mines Ltd · TSXV:MGM
Maple Gold Mines — Investor Presentation (September 2019)
31 slides from Maple Gold Mines's investor presentation, September 2019
Slide 1: Investor Presentation – September 2019
INVESTOR PRESENTATION – SEPTEMBER 2019
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: Maple Gold Mines: Investment Highlights
MAPLE GOLD MINES: INVESTMENT HIGHLIGHTS PREMIER MINING JURISDICTION Quebec ranked 4th best jurisdiction for mining investment in the world** LARGE ESTABLISHED GOLD RESOURCE 0.48M Indicated ounces & 2.75M Inferred ounces* (New estimate in H2) EXCELLENT INFRASTRUCTURE & EXPLORATION UPSIDE Resource exp
Slide 4: World Class Mining Jurisdiction
WORLD CLASS MINING JURISDICTION 200M OUNCES PRODUCED TO-DATE (ABITIBI) IN M&A GOLD $7B* TRANSACTIONS (LAST ~5 YEARS) + EXPLORATION TAX CREDITS, FLOW-THROUGH FINANCING & SKILLED LABOUR QUEBEC RANKED AS 4TH MOST ATTRACTIVE JURISDICTION IN THE WORLD FOR MINING INVESTMENT (FRASER INSTITUTE – RELEASED FE
Slide 5: Infrastructure: Douay Gold Project
INFRASTRUCTURE Douay Gold Project* Indicated: 479,000 @ 1.59 g/t Au Inferred: 2,759,000 @ 1.02 g/t Au 355 km2 Project *Contained gold from resource estimate at 0.45 g/t cut-off grade. Please refer to press release dated February 14, 2018 PAGE 5
Slide 6: Project History Overview
PROJECT HISTORY OVERVIEW VIOR VIOR MAPLE GOLD 354 DDH (99,800m) discovery of 102 DDH (30,100m) New team of industry experts. 531 and Douay West Zones “Porphyry Zone” discovered New resource expansion & Douay West PEA completed Douay West Open Pit discovery targets. (357kt @ 7.2 g/t Au) Feasibility C
Slide 7: Drill-Core Database
DRILL-CORE DATABASE 250,000+ METRES OF DRILLING TO-DATE WITH DRILL-CORE WELL ARCHIVED AT SITE ~$60M CAD OF DRILLING IN TODAY’S DOLLARS [MAPLE GOLD CURRENT MARKET CAP: ~$20M CAD] “Having a drill-core library of this magnitude is an incredible asset to have as an exploration team. Our drill-core datab
Slide 8: Established Gold Resource
ESTABLISHED GOLD RESOURCE Pit-Constrained Mineral Resource Estimate (Micon 2018) CUT-OFF CONTAINED GOLD GRADE GRADE CATEGORY TONNES GOLD (G/T) (G/T AU) (OUNCES) INDICATED 8,615,000 1.69 467,000 0.50 INFERRED 74,286,000 1.09 2,610,000 INDICATED 9,383,000 1.59 479,000 0.45* INFERRED 84,152,000 1.02 2,
Slide 9: Resource Estimate Overview (Micon 2018)
RESOURCE ESTIMATE OVERVIEW (MICON 2018) Conceptual pit-shells from Micon 2018 resource estimate Nika Zone – note no conceptual pits from 2018 Estimate. Additional ounces added from recent drilling Note higher grade blocks on south edge of 531 Zone • Mineral resources which are not mineral reserves d
Slide 10: New 3D Model Created to Optimize Resources
NEW 3D MODEL CREATED TO OPTIMIZE RESOURCES Note mineralisation extending to the limits of drilling well below base of conceptual pits. New baseline resource estimate will include geological and structural wireframes and contemplate more optimized conceptual pits + underground expansion scenario. Als
Slide 11: 2019 Winter Drilling Campaign
2019 WINTER DRILLING CAMPAIGN Campaign Overview Total meterage: 6,045m Total drill-holes: 15 Primary objectives: (i) Targeting higher-grade extensions within the resource area (ii) Near surface and depth extensions (Porphyry, Nika and 531 zones) PAGE 11
Slide 12: 2019 Winter Drilling: Drill-Hole Distribution
2019 WINTER DRILLING: DRILL-HOLE DISTRIBUTION Nika Porphyry Douay West 531 Higher grade mineralisation Syenite Recently completed drill-holes Exploration (6,045 metres) Target Distribution of higher grade mineralisation relative to syenite bodies and major structures; syenites form several irregular
Slide 13: Priority Exploration Areas: Nika Zone
PRIORITY EXPLORATION AREAS: NIKA ZONE NW Zone N >0.25 g/t Au 2019 DDH Historical Collar Nika Zone Micon 2018 pits 43m @ 1.75 g/t Au* DO-18-218 DO-18-218 collar: 50m @1.77 g/t Au 250m DW Zone Porphyry Zone Nika Zone mineralisation filling in gap between two small existing conceptual pits, potentially
Slide 14: 2019 Drill Highlights, Porphyry Zone
2019 DRILL HIGHLIGHTS, PORPHYRY ZONE S DO-19-258 N Basalt Micon 2018 Pit 19m @ 2.46 g/t Au, within 41m @ 1.41 g/t Au envelope* Syenite 100m Mineralised Zone *Reported intercepts are downhole lengths & uncapped (capped: 19m @ 1.74 g/t Au and 41m @ 1.07 g/t Au) PAGE 14
Slide 15: 531 Zone Cross Section (DO-19-262)
531 ZONE CROSS SECTION (DO-19-262) Section 709050E Looking West Historical intercept: 1.47 g/t Au over 18.3m PAGE 15
Slide 16: Management
MANAGEMENT MATTHEW HORNOR, PRESIDENT & CEO, DIRECTOR Served as the VP & Executive VP for Ivanhoe Mines Ltd. for 10+ years where he structured strategic partnerships and directly negotiated project/equity financings for more than $450M. Mr. Hornor also served as Managing Director for Ivanhoe Capital
Slide 17: Board of Directors
BOARD OF DIRECTORS MATTHEW HORNOR, PRESIDENT & CEO, DIRECTOR Served as the VP & Executive VP for Ivanhoe Mines Ltd. for 10+ years where he structured strategic partnerships and directly negotiated project/equity financings for more than $450M. DAVID BROUGHTON, DIRECTOR (& tech committee) David was E
Slide 18: Key Takeaways & Outlook
KEY TAKEAWAYS & OUTLOOK ADVANCING A LARGE ESTABLISHED GOLD RESOURCE IN A WORLD CLASS JURISDICTION ATTRACTIVE VALUATION: ONLY ~C$20M MARKET CAP IN RISING GOLD ENVIRONMENT EXPERIENCED MANAGEMENT/TECHNICAL TEAM & BOARD (including IVANHOE MINES alumni) NEW GEOLOGICAL/STRUCTURAL 3D MODEL CREATED
Slide 19: Appendix Slides
MAPLE APPENDIX SLIDES
Slide 20: Share Structure & Ownership
SHARE STRUCTURE & OWNERSHIP Capitalization Share Ownership Shares Outstanding 227,436,954 Warrants* 76,608,534 5% Management/Insiders 10% & Closely Related Options 17,575,000 Quebec Fund & 12% Institutional Fully Diluted 321,620,488 Other Fund & Institutional 40M ($0.28) warrants (expire November
Slide 21: $7B in Recent Gold Transactions in the Abitibi
$7B IN RECENT GOLD TRANSACTIONS IN THE ABITIBI PP/OZ Price paid per ounce of reserves OSISKO: Abitibi Greenstone Belt and resources ($/OZ) $3.91B (2014) PP/OZ: $208 LAKESHORE GOLD: AURIZON: $945M (2016) $796M** (2013) PP/OZ: $62 PP/OZ: $225 INTEGRA: PROBE: IAMGOLD: $590M (2017) $526M (2015) $236M* (
Slide 22: 2019 Highlights – Drill Plan
2019 HIGHLIGHTS – DRILL PLAN N DO-19-256 DO-19-105X DO-19-260 400m 2019 ddh DO-19-258 2018 collars DO-19-264 Historical collars DO-19-262 Micon 2018 pits Note distribution of significant results from winter 2019 program, limited drilling within Nika and on south side of 531 Zones, and also between M
Slide 23: Highlights from 2019 Drilling
HIGHLIGHTS FROM 2019 DRILLING PORPHYRY ZONE 531 ZONE Hole From To Interval Au g/t Hole From To Interval Au g/t DO-19-256 55 66 11m 1.00 DO-19-262 286 289 3m 4.02 DO-19-256 77 93 16m 1.57 DO-19-262 302 330 28m 2.55 DO-19-258 274 315 41m 1.41 Including 313 322 9m 4.71 Including 274 293 19m 2.46 DO-19-
Slide 24: 531 Zone SW Target
531 ZONE SW TARGET Main Zone N Porphyry Zone 531 Zone DO-19-262 531 SW Target 2019 DDH Historical Collar Micon 2018 pits 400m PAGE 24
Slide 25: Beattie Gold Deposit Analog
BEATTIE GOLD DEPOSIT ANALOG (to 531 SW Target) • Note annular magnetic shape, with magnetic high overlapping edge of syenite and wallrock • Note similarity of scale of mag anomaly vs 531 Zone at Douay – Beattie has resources of about 5Moz Au (all categories) PAGE 25
Slide 26: New 3D Model - 2D Representation
NEW 3D MODEL - 2D REPRESENTATION Representation of 3D structural model showing distribution of higher-grade mineralized zones (red), within lower-grade envelope (yellow), controlled by the two main sets of structures: the E-W Casa Berardi set (grey) and the NW-SE Douay set (blue). PAGE 26
Slide 27: New 3D Model – Long Sections
NEW 3D MODEL – LONG SECTIONS NW-SE long sections with drill-hole traces, looking NNE, 25m projection corridor either side. Target areas shown as black ellipses/arrows. Section 100mN shows significant near-surface mineralization in Porphyry Zone. Section 0mN highlights two separate trends of higher g
Slide 28: Priority Exploration Areas: Greenfield Targets
PRIORITY EXPLORATION AREAS: GREENFIELD TARGETS N Gold targets Base metal targets Micon 2018 pits 355 km² property package with numerous greenfield targets for both precious and base metals across the 55km strike along the Casa Berardi Deformation Zone. PAGE 28
Slide 29: Property Geology
PROPERTY GEOLOGY N Resource Area NE Target 5km Regional geological map showing major lithotectonic break in red, coincident with North strand of CBDZ: Taibi Grp (Ata) to the north, Cartwright Hills Grp (Acc) to south. The Douay Au deposit (shown as Resource Area) is associated with a syenitic intrus
Slide 30: Highest-Grade Intercept Discovered To-Date
HIGHEST-GRADE INTERCEPT DISCOVERED TO-DATE Central Porphyry Zone, DO-05-04: 2,888 g/t Au over 1.5m Abundant delicate visible gold associated with highly altered, siliceous brecciated syenite, a few meters above contact with carbonate-hematite altered basalt (2005 drilling). Several additional areas
Slide 31: SUITE O: +1(647) 265.8688 WEST HASTINGS STREET =: +1(416) 306.8141
SUITE 600 O: +1(647) 265.8688 111 WEST HASTINGS STREET =: +1(416) 306.8141 VANCOUVER, BC V6E 2J3 CANADA INFO@MAPLEGOLDMINES.COM MAPLEGOLDMINES.COM oe y WAS RANA AN ‘\ & MAPLE MAPLEGOLDMINES.COM
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