Firefly Metals Ltd · ASX:FFM
Firefly Metals — NWR Resources Series Virtual Presentation (October 2021)
19 slides from Firefly Metals's conference presentation, Oct 12, 2021
Slide 1: Auteco Minerals Corporate Overview – NWR Resources Series Virtual Presentation
AUTECO MINERALS CORPORATE OVERVIEW NWR RESOURCES SERIES VIRTUAL PRESENTATION Unlocking the potential of the Pickle Crow deposit 12 OCTOBER 2021 | ASX: AUT Ray Shorrocks – Executive Chairman
Slide 2: Disclaimer & Cautionary Statements
DISCLAIMER & CAUTIONARY STATEMENTS DISCLAIMER This presentation has been prepared by Auteco Minerals Limited (the Company) based on information from its own and third party sources and is not a disclosure document. No party other than the Company has authorised or caused the issue, lodgement, submis
Slide 3: Summary
SUMMARY Auteco Minerals is a high-grade gold exploration company • The new Carey and Tyson discoveries New Current Market Cash Discoveries • 50,000m drill campaign well underway Share Price 1 Capitalisation1 Position2 • Regional drilling this quarter A$0.0 ~A$150M ~A$21.8M Board & • Board and Manage
Slide 4: Corporate Overview
CORPORATE OVERVIEW A Canadian-focused ASX listed company with one of the highest grade 1.71Moz Resources Globally CAPITAL STRUCTURE ASX Code AUT Current Market Cash Shares on Issue 1.7B Share Price1 Capitalisation1 Position2 Management & Options 390M A$0.076 ~A$129M ~A$21.8M Top 20 Shareholders 64%
Slide 5: Board & Management Team
BOARD & MANAGEMENT TEAM A leadership team with management DNA and experience in some of the most successful resource sector stories in the past decade, including Bellevue and Northern Star • 27 years experience working in the investment banking • Geologist with 25 years’ experience having previously
Slide 6: Canada & Ontario – The Investment Case
CANADA & ONTARIO – THE INVESTMENT CASE A true tier 1 mining location in every definition of the term JURISDICTIO N ONTARIO IS HOME TO MAJOR GLOBAL GOLD PRODUCERS Including Barrick, Newmont, Agnico-Eagle, Kirkland Lake, Evolution • Canada is one of the best mining locations globally Fraser Institute
Slide 7: Pickle Crow Asset Summary
PICKLE CROW ASSET SUMMARY PICKLE CROW HISTORIC WORKINGS AND DRILL ASSAYS One of the highest-grade historic gold deposits in Canada – Pickle Crow underground mine produced 1.5Moz at 16.1g/t Au LOCATION • 400km north of Thunder Bay, Ontario, Canada • Access via paved highway, sealed roads and air ACCE
Slide 8: Pickle Crow Geological Setting
PICKLE CROW GEOLOGICAL SETTING World-class setting in the prolific Superior Craton CONTINENT TECTONIC ELEMENT PROVINCE REGION DEPOSIT Laurentia Pickle Lake Pickle Crow North Uchi Sub- Superior Greenstone & Central America province Craton Belt Patricia BASEMENT GEOLOGY OF THE WESTERN SUPERIOR CRATION
Slide 9: Deposit Scale Geology
DEPOSIT SCALE GEOLOGY Exploring the prolific Northern Pickle Lake greenstone belt CONTINENT TECTONIC ELEMENT PROVINCE REGION DEPOSIT Laurentia Pickle Lake Pickle Crow North Uchi Sub- Superior Greenstone & Central America province Craton Belt Patricia A CLASSIC ARCHEAN OROGENIC GOLD SYSTEM Deposit •
Slide 10: Deposit Scale Geology – Two Distinct Styles of Mineralisation
DEPOSIT SCALE GEOLOGY Exploring the prolific Northern Pickle Lake greenstone belt CONTINENT TECTONIC ELEMENT PROVINCE REGION DEPOSIT Laurentia Pickle Lake Pickle Crow North Uchi Sub- Superior Greenstone & Central America province Craton Belt Patricia T WO DISTINCT ST YLES OF MINER ALISATION V E I N
Slide 11: Pickle Crow Resource
PICKLE CROW RESOURCE 1.71 Million ounces of gold and still growing Tonnes Grade Gold D to 710,000oz of near-surface Mineralisation Domain Cut off (Mt) (g/t) (Moz) Sept. 2020 Resource added from the Quartz Lodes 3.5 g/t 4.5 10.1 1.47 +0.47Moz drill bit at A$15.25 per Alteration (BIF) Hosted 2.0 g/t 2
Slide 12: Economic Evaluation
ECONOMIC EVALUATION Underground and bulk mining opportunities provide optionality for future development OPEN PIT & UG OPTIONS ACCESSING UNDERGROUND TO DEFINE & DISCOVER The Auteco game plan is to WHITTLE OPTIMISATION establish underground drill ASSAYS >2g/t GOLD positions to infill the 1.47Moz @ Li
Slide 13: Exploration & Growth
EXPLORATION & GROWTH Building Momentum at all stages of the project pipeline G E N E R AT I V E D I S C OV E RY R E S O U RC E G R OW TH • First-pass drill testing of ACTIVITY • Mapping and reconnaissance rock Continued step out and Completed • chip sampling conducted South of conceptual targets in
Slide 14: Drilling Highlights
DRILLING HIGHLIGHTS N E A R M I N E E X P LO R AT I O N – S H A F T 1 & S H A F T 3 A R E A N E A R M I N E E X P LO R AT I O N – A L B A N Y C A R EY A R E A Recent intersections point to further Resource growth Carey Discovery – A revised geology model 14
Slide 15: Regional Exploration
REGIONAL EXPLORATION Exploring the prolific northern Pickle Lake greenstone belt 15,000m (30%) of the current 50,000m drill program will be dedicated to testing regional targets 100% AUT C A M P S C A L E P OT E N T I A L TARP LAKE 4.6m @ 7.2g/t Au from 76.9m 36.0m @ 1.5g/t Au from 158m • As with ma
Slide 16: Forward Work Plan
FORWARD WORK PLAN Key Strategic Work Pillars for Pickle Crow to December 20216 LONG TERM GROWTH ADVANCED ASSESSMENT E X P LO R AT I O N & PAT H WAY TO R E S O U RC E U P DAT E G R OW T H P RO D U CT I O N FOCUS • Continue the dual strategy of Near • Complete an updated Mineral • In anticipation of s
Slide 17: Auteco – A Compelling Investment Opportunity
AuTECO – A COMPELLING INVESTMENT OPPORTUNITY In Summary AuTECO has built a strong platform for future growth Having advanced the historic Pickle Crow gold project to be one of the highest-grade emerging +1.7Moz Resources globally Work will continue to explore, define and grow the asset LOCATION THE
Slide 18: Contact Details
Ground Floor, 24 Outram Street, West Perth WA 6005 | T: +61 8 9220 9030 E: info@autecominerals.com W: www.autecominerals.com | ASX: AUT
Slide 19: Appendices – Pickle Crow Acquisition
APPENDICIES – PICKLE CROW ACQUISITION Earn up to 80% - First Mining Gold Inc. Earn-in Details7: COMMENCEMENT (0%): STAGE 1 EARN-IN (51%): STAGE 2 EARN-IN Auteco paid C$50,000 to First Mining (TSX: • Spending C$5,000,000 (UP TO 70%): FF) on signing binding over three years • Auteco to spend a compris
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