J2 Metals Incorporation · TSXV:JTWO

J2 Metals Incorporation — Technical Presentation (January 2021)

28 slides from J2 Metals Incorporation's technical presentation, January 2021

  1. Slide 1: Napoleon Project – January 2021

    Napoleon Project – January 2021

  2. Slide 2: Disclaimer and Qualified Person

    Disclaimer and Qualified Person The information contained herein, while obtained from sources which we believe are reliable, is not guaranteed as to its accuracy or completeness. References are made herein to historical information containing geologic and technical information. By its nature, this i

  3. Slide 3: The Napoleon Project

    The Napoleon Project • The Napoleon Project covers 6,056 CANADA hectares of state-owned Alaska USA mining claims Napoleon Project • The property is located within the prolific Tintina Gold Province; host of significant gold deposits such as Donlin Creek, Fort Knox, Pogo, Coffee, Scheelite Dome and D

  4. Slide 4: Sources of Placer Gold

    Sources of Placer Gold Placer Au Documented Lode Au Documented Lode Au • The Napoleon Project is located Gold Camp Total Documented Lode Au within the historical Fortymile placer Production2 Production Resources* gold camp Klondike River, Indian River and Lower Stewart 10,017,936 8,731,000 8,731,000

  5. Slide 5: Regional Geology

    Regional Geology • The project is located in the Yukon- CANADA Tanana terrane (YTT), a region of USA metamorphic rocks of Upper Paleozoic and older ages that were deposited or emplaced near the edge of the North American continental General extent of the Fortymile Mining District margin • The YTT wa

  6. Slide 6: Regional Magnetics

    Regional Magnetics • Regional airborne magnetic surveys CANADA completed by the Alaska Division of USA Geological and Geophysical Surveys • Magnetic data shows the structural General extent of the Fortymile Mining District complexity (regional folding and faulting) within the Fortymile mining distri

  7. Slide 7: The Fortymile Placer District

    The Fortymile Placer District • The Forty Mile Placer district is CANADA located between Dawson City, Yukon USA and Tok, Alaska along the ”Top of the World” Highway • The district was the first major gold find in Alaska and has has been actively mined since its discovery in Dawson City (20 Miles) 18

  8. Slide 8: The Napoleon Property Roads and Infrastructure

    The Napoleon Property Roads and Infrastructure • The Napoleon Project is located 35 Eagle (100 km) km from the town of Chicken, Alaska, UHLER CREE K and 100 km from Tok, Alaska along Uhler Creek Active the Taylor Highway Placer Mine • Tok is the main supply hub however Chicken can provide gasoline,

  9. Slide 9: The Napoleon Property Geology

    The Napoleon Property Geology • Gold mineralization is controlled by east-west and northwest and north- northeast trending shear zones within the Napoleon pluton, commonly kaolinite-quartz- COUNTRY ROCK OF PREDOMINATELY KLONDIKE carbonate altered SCHIST AND GNEISS Saddle Zone • High-grade gold is as

  10. Slide 10: Notable Drilling Results

    Notable Drilling Results Year Drill Type Drill Hole From (m) To (m) Width (m) Gold (g/t) A total of 4759 meters over 27 holes were drilled by Kennecott and Teck resources. NAP 3 15.24 15.85 0.61 16.3 Average hole depth was 50.6 m NAP 3 27.43 28.96 1.53 2.0 NAP 3 35.05 35.66 0.61 38.3 Highlighted res

  11. Slide 11: Gold Mineralisation

    Gold Mineralisation A. Fault Brecciated Monzonite • Gold mineralization is controlled by east-west and northwest and north- northeast trending shear zones within the Napoleon pluton, commonly kaolinite-quartz- carbonate altered • High-grade gold is associated with quartz-pyrite veins, with K-feldspa

  12. Slide 12: Magnetics Reduced to Pole

    Magnetics Reduced to Pole • Results of a helicopter airborne magnetic and radiometric survey flown over the Napoleon property in 1999 for Kennecott (200m line spacing) • The magnetic high delineates the monzonitic Napoleon pluton Saddle Zone Twin Peaks • Magnetic lows cross cutting the pluton are in

  13. Slide 13: Soil Samples Gold

    Soil Samples Gold • 2,527 soils samples have been collected on the Napoleon project • Soil geochemistry has been very effective at delineating zones of mineralization within bedrock Saddle Zone • Most of the known target areas occur Twin Peaks along or near topographic highs where the bedrock is cov

  14. Slide 14: Historical Work

    Historical Work • From 1998 to 1999 Kennecott completed initial soil sampling, prospecting, airborne and ground geophysics, and the excavation of 25 shallow trenches. 6 diamond drill holes and 10 reverse circulation holes were also completed Saddle Zone • In 2000 and 2001 Teck Resources completed gr

  15. Slide 15: Rock Samples Gold

    Rock Samples Gold • 458 historical rock samples were collected by Kennecott during trenching and surface mapping • Samples of up to 593 ppm with Grab Sample visible gold were collected in outcrop Grab Sample 10 g/t Au 149 g/t Au from trenches. Grab - 13 g/t Au Trench Chip 593 g/t Au • 19 Samples ret

  16. Slide 16: Soil Samples Gold

    Soil Samples Gold • 2,527 soils samples have been collected over various surveys with resolution up to 50m x 50m covering the main target areas Saddle Zone Area with Thick Cover and Permafrost Twin Peaks • Combined soil data outline several broad areas of greater than 100 ppb gold in soil Main Zone

  17. Slide 17: Magnetics Regional Aerial

    Magnetics Regional Aerial • Results of a helicopter airborne magnetic and radiometric survey flown over the Napoleon property in 1999 for Kennecott (200m line Saddle Zone spacing) Twin Peaks • The magnetic high delineates the monzonitic Napoleon pluton Main Zone • Magnetic lows cross cutting the plu

  18. Slide 18: Ground Magnetics

    Ground Magnetics • Detailed ground magnetic and VLF- EM surveys were completed in 2020 Saddle Zone • The surveys were highly effective at mapping the steeply dipping structures associated with Twin Peaks mineralization • Magnetic lows and conductivity highs delineate faults within the Main Zone pros

  19. Slide 19: Ground VLF-EM

    Ground VLF-EM • Detailed ground magnetic and VLF- EM surveys were completed in 2020 Saddle Zone • The surveys were highly effective at mapping the steeply dipping structures associated with Twin Peaks mineralization • Magnetic lows and conductivity highs delineate faults within the Main Zone prospec

  20. Slide 20: Target Areas

    Target Areas • At least five target areas can be distinguished on the Napoleon Property (Main Zone, Saddle Zone, Trench 24 Zone, Burnt Ridge, and Saddle Zone Area with Thick Cover Twin Peaks) and Permafrost Twin Peaks • The Main Zone has been the focus of most of the trenching and drilling to date M

  21. Slide 21: Main, Saddle and Trench 24 Zones Geochemistry

    Main, Saddle and Trench 24 Zones Geochemistry Main Zone • Most of the drilling to the N, testing known S dipping structures. If veins dip to the north they may not have Saddle Zone been tested adequately Main Zone NP-3: 0.5m @ 1.5 g/t Au NP-9: 0.60m @ 1.1 g/t Au NP-3: 0.5m @ 15.7 g/t Au NP-1: 1.0m @

  22. Slide 22: Main, Saddle and Trench 24 Zones Magnetics and VLF

    Main, Saddle and Trench 24 Zones Magnetics and VLF 22

  23. Slide 23: Burnt Ridge Geochemistry

    Burnt Ridge Geochemistry • The Burnt ridge soil anomaly was drilled by three RC holes, with one to the S, N, and E • NRC - 4 drilled to the S and intercepted up to 9.15m at 1.80 g/t Au • NRC - 5, NP7, NP8 was drilled to the north through the same anomaly NRC-4: 9.15m @ 1.8 g/t Au had no significant

  24. Slide 24: Burnt Ridge Magnetics and VLF

    Burnt Ridge Magnetics and VLF • Magnetics show a NW-SE trending broad shear zone through the Burnt Ridge Area. 24

  25. Slide 25: Twin Peaks Geochemistry

    Twin Peaks Geochemistry • The Twin Peaks gold in soil anomaly has been only been tested by two drill holes • (NP-10 and NP-11) by Teck Resources in 2001, with NP-10 intercepting 0.9m of 22.67 g/t Au, NRC-4: 9.15m @ 1.8 g/t Au within broad low-grade zone of 74m @ 0.18g/t Au (excluding the higher- gra

  26. Slide 26: Twin Peaks Magnetics and VLF

    Twin Peaks Magnetics and VLF 26

  27. Slide 27: Proposed Exploration Targets

    Proposed Exploration Targets Priority 1 1) High gold in soil 3) Area with thick cover and permafrost • Testing extensions of highest grade 3) High gold in soil Along trend of historical Soil sampling is ineffective in this area Along trend of historical drill intercepts from the Main and high-grade

  28. Slide 28: The Napoleon Project Highlights

    The Napoleon Project Highlights • High grade gold of up to 593 g/t Au found in outcrop at the headwaters of famous gold bearing placer creeks in the 40 Mile Placer District. Significant gold mineralisation and anomalism over an area of 5 km2 • Drilling located high-grade mineralisation beneath soil

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