Midland Exploration Inc. · TSXV:MD
Midland Exploration — Investor Presentation (May 2022)
30 slides from Midland Exploration's investor presentation, May 2022
Slide 1: The Next Major Discoverer in Quebec
The Next ajor iscoverer in Quebec May 2022 Corporate Presentation
Slide 2: Forward-Looking Statements
Forward-Looking Statements • Safe Harbour Statement Certain statements in this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities legislation. Such forward-looking statements involve known and unknow
Slide 3: Midland Exploration Summary
Midland Exploration Summary Prospect Generator / Joint-Venture Model; Quebec focus, exploring for gold, copper-gold, nickel and PGE; 75.7 million shares outstanding; Management: 8%, Institutions: 45%, Retail: 47% 81.3 million shares fully diluted; No debt, $9.4 million in cash in the treasury; $6.1M
Slide 4: Share Structure and Financial Information
Share Structure and Financial Information Share Ownership Structure Share Capitalization BHP Common Shares Outstanding (basic) 75,667,797 5% Management & Insiders 8% Options 5,640,000 Adrian Day Asset Fully-Diluted Shares Outstanding 81,307,797 Management Retails 12.3% 47% Current Assets & Revenue (
Slide 5: Strong Management Expertise
Strong Management Expertise JEAN-PIERRE JANSON GINO ROGER Chairman and Director CEO and Director INGRID MARTIN RENÉ BRANCHAUD Chief Financial Officer Secretary and Director LEGAL ADVISORS Lavery PAUL ARCHER Director Technical Team - Mario Masson (Vp Explo.) CONSULTANTS ANNIE DUTIL - Sylvain Trépanie
Slide 6: Good Quality Partners Since 2006 !
Good Quality Partners Since 2006 ! New Strategic Alliance 15 Historical Options Agreements ➢ BHP : Ni Alliance ➢ SOQUEM (2) : Casault/Jouvex, Vermillon ➢ SOQUEM : Ni-Cu-Au Alliance ➢ Altius : James Bay Historical Exploration Work Active Option Agreement ➢ IAMGOLD : Heva Midland Partners Total ➢ Rio
Slide 7: Midland Recent Highlights
Midland Recent Highlights New option deal agreement with Rio Tinto for our Tête Nord Ni project; New gold discovery with Wallbridge on our Casault option property; FT private placement of $2.8M at $0.80 and $0.92 recently completed; New high grade Au-Cu boulders discovered on Mythril Regional; New g
Slide 8: Midland Active Projects Location
Midland Active Projects Location Midland Willbob (Au) Midland / NMEF (Ni-Cu-Co) Midland SOQUEM (Ni-Cu-Au) Midland / BHP (Ni-Cu-Co) Midland / Agnico Eagle (Au) Midland / Wallbridge (Au) Midland / Probe Metals (Au) Midland / Osisko(Au) Midland / Samson (Au) Midland / Mythril (Cu-Au-Mo-Ag) ABITIBI GOLD
Slide 9: Abitibi Midland’s Projects
Abitibi Midland’s Projects QUÉBEC Midland / Abitibi Au Abitibi Gold Belt Montréal 9
Slide 10: Abitibi Geology – Midland Projects
Abitibi Geology – Midland Projects New Discovery Drilling 13 ddh’s (5,295 m ) 6.85 g/t Au / 2 m Kenorland / Newmont Option MARTINIERE Jeremie DETOUR LAKE BUG LAKE FENELON / TABASCO Drilling 14 ddh’s (4,285 m ) Casault Wallbridge Opt Fleuribleu Nomans ZONE 58N Lower Detour Fault Gaudet-Fenelon Probe
Slide 11: Longitudinal Cadillac Break - Midland Projects
Longitudinal Cadillac Break - Midland Projects Up to 41 g/t Au (grab) Midland / Agnico Eagle Maritime Cadillac JV (Au) Midland 100% Heva Project (Au) Target Area Lapa New Target Area 11 11
Slide 12: Detour Trend Active Partnerships
Detour Trend Active Partnerships Wallbridge Casault Option ▪ $5 M / 4 years ▪ $750K 1st year Midland New Discovery up to 6,85 g/t Au / 2,0 m ▪ Cash payments Jeremie$600K ▪ Expenditures at Dec. 31 : $1.44M MARTINIERE BUG LAKE WALLBRIDGE Midland New Discovery DETOUR LAKE FENELON / TABASCO up to 99,1 g
Slide 13: Casault Option – Property Geology
Casault Option – Property Geology Martiniere & Bug Lake Historical Ind. Res. 0.59 Moz Au New Gold Discovery Hole CAS-21-123 6.85 g/t Au over 2.0 metres Bug Lake Zone Up to 18.13 g/t Au over 44.45 m 13 13
Slide 14: Casault Option – Magnetic Derivative
st Casault Option – 1 Magnetic Derivative NW-SE Structure Interpreted over 3 km New gold discovery Hole CAS-21-123 6.85 g/t Au over 2.0 metres Hole CAS-21-128 2.40 g/t Au over 0.60 metre 2.30 g/t Au over 0.60 metre Hole CAS-21-130 4.34 g/t Au over 1.0 metre 1.85 g/t Au over 0.65 metre E-W Structure
Slide 15: Midland James Bay Projects
Midland James Bay Projects Mythril Project Cu-Au-Mo-Ag QPMC. La Pointe Gold Deposit Elrond Project Newmont Stornoway Diamond Corp. Éléonore Gold Mine Renard Mine Au Sirios Ressources Inc. New Patwon discovery Cheechoo Gold Deposit Azimut Exploration Inc. Eastmain Ressources Inc. Eau Claire Gold Depo
Slide 16: Mythril Regional New 2019-2020 Showings
Mythril Regional New 2019-2020 Showings Faramir Cu Showing 4 outcrop grabs Average: 0.17 % Cu New Tornado Au-Cu-Mo-Ag showing Up to 0.45 % Cu; up Up to: 4.7 gt Au (grabs); Up to: 0.39 % Cu (grabs) to 0.02 % Mo Float grab: 3.13 g/t Au, 0.35 % Cu Boromir Floats 2021 IP Surveys 22 mineralized float gra
Slide 17: West Float Fields
West Float Fields 12.0 % Cu, 0.33 g/t Au, 0.01 % Mo, 23.1 g/t Ag 17 17
Slide 18: Mythril Project – Drilling 2021
Mythril Project – Drilling 2021 2021 Drilling (June) 7 ddh’s ; 1,647 metres (including 1 ddh – MYT-21-43 on NE Grid MYT-21-38 MYT-21-42 0.25% CuEq / 104.6 m 1.7% CuEq / 1.75 m Including: Incl. 2.31% CuEq / 1.0 m MYT-21-41 0.74% CuEq / 28.5 m 0.40% CuEq / 5.0 m Including: MYT-21-40 Incl.1.82 % CuEq /
Slide 19: Copper Core Mineralization
Copper Core Mineralization MYT-19-006 11.8 % Cu, 3.96 g/t Au, 0.02 % Mo, 81.3 g/t Ag / 0.6 m, included in 1.07 % Cu, 0.37 g/t Au, 8.87 g/t Ag (1.41 % Cu equ.*) over 12.55 m MYT-19-011 8.15 % Cu, 3.58 g/t Au, 0.1 % Mo, 57 g/t Ag / 0.6 m, included in 1.34 % Cu, 0.69 g/t Au, 0.04 % Mo et 9.54 g/t Ag (2
Slide 20: Labrador Trough Midland’s Projects
Labrador Trough Midland’s Projects Midland / Willbob (Au) Midland / SOQUEM (Ni-Cu-Au) Midland / BHP (Ni-Cu-Co) 20
Slide 21: Nunavik –Midland Projects & Alliances
Nunavik –Midland Projects & Alliances Midland / BHP New Strategic Alliance Ni-Cu-Co Up to $4.2M over 2 years Midland Au Soissons Project -NMEF Willbob Project Ni-Cu. Midland-NMEF 50/50 Midland Ni-Cu Soissons Project Up to: 1.22 % Ni, 0.5 % Cu, 0.06 % Co Voisey’s Bay Mine Midland / SOQUEM New 136.7 M
Slide 22: Nunavik –Midland Projects & Alliances
Nunavik –Midland Projects & Alliances Pallas PGE Midland-NMEF JV Ni-Cu Strategic Alliance Ni-Cu Willbob Au Midland-BHP MT surveys & Field program for 2022 Soissons Ni-Cu Strategic Alliance Midland-SOQUEM Field program for 2022 & Follow-up on Rubeo float 40.8 g/t Au 22 22
Slide 23: L2 New Ni Prospect
L2 New Ni Prospect New Ni Showing 0.61% Ni, 0.34% Cu, 0.11% Co 23 23
Slide 24: Rubeo High Grade Gold-Bearing Boulder Discovery
Rubeo High Grade Gold-Bearing Boulder Discovery C878152: 40.8g/t Au C878152: 40.8g/t Au C878152: 40.8g/t Au 24 24
Slide 25: Midland Grenville Ni-Cu Projects Location
Midland Grenville Ni-Cu Projects Location Midland / Rio-Tinto (Ni-Cu) ABITIBI GOLD BELT 25
Slide 26: Tete-Nord/Rio Tinto (Nickel-Copper-Cobalt)
Tete-Nord/Rio Tinto (Nickel-Copper-Cobalt) Located in southern Quebec, about 25 kilometers east of La Tuque, in an area with very good infrastructures. 9 strategically located claim blocks, total 523 km2; Within the La Bostonnais complex (Grenville geological province),; that contains numerous Ni-Cu
Slide 27: Coming Up for Midland Exploration
Coming Up for Midland Exploration New strategic partnerships (Au and Ni projects) – Abitibi projects priority; Casault Option Wallbridge (Au): MAG Geophysics and drilling (Phase 1 – 1,500 m); La Peltrie Option Probe (Au): IP Geophysics and drilling (5,000 m); Lewis (Au): MAG Geophysics and drilling
Slide 28: Analysts and Newsletters Coverage
Analysts and Newsletters Coverage 28 28
Slide 29: Why Choose Midland Exploration
Why Choose Midland Exploration Strong management and technical team; Excellent share structure and well funded with more than $9.4M in cash in the treasury. More than $8.5M (MD $3.5M – Partners $5.0M) in exploration in 2022 with min. of 20,000 metres of drilling; $6.1M private placements with BHP be
Slide 30: Merci! Thank you!
Merci! Thank you! The Next Major Discoverer in Quebec 30 www.midlandexploration.com
Midland Exploration — Investor Presentation (May 2022) on 6ix