M3 Metals Corp. · TSXV:MT
M3 Metals — Investor Presentation (October 2019)
17 slides from M3 Metals's investor presentation, October 2019
Slide 1: Exploring Opportunity Discovery
EXPLORING OPPORTUNITY TSX-V: MT | OTC: MLGCF | FSE: XOVP DISCOVERY October 2019
Slide 2: Forward-Looking Statements & Qualified Person Disclaimer
FORWARD-LOOKING STATEMENTS & QUALIFIED PERSON DISCLAIMER This presentation may contain forward–looking statements. Forward looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticip
Slide 3: Company Overview
COMPANY OVERVIEW Secure low cost assets with clear upside exploration targets, and potential to expand on new discoveries Focus on gold and copper opportunities in the Americas High quality targets specifically with bulk tonnage deposit styles in stable jurisdictions Strong proven management and sha
Slide 4: Management Team
MANAGEMENT TEAM KOSTA TSOUTSIS ADRIAN SMITH BRIAN MORRISON SIMON CLARK CEO & Director P.Geo., B.Sc. CA Director President and Director CFO & Director Kosta Tsoutsis brings over 20 Adrian Smith graduated from Brian Morrison received a Simon Clarke has over 25 years of years of finance and capital Sim
Slide 5: Mohave Mine Gold Property
MOHAVE MINE GOLD PROPERTY • 5km gold trend in soils and rocks at surface ARIZONA, USA • Major portion of gold trend on the property A PROLIFIC MINING FRIENDLY STATE remains untested • Multiple historic gold mines have open extensions laterally and to depth • Project has only seen shallow drilling av
Slide 6: Mohave Mine Gold Property: Untapped Upside
MOHAVE MINE GOLD PROPERTY UNTAPPED UPSIDE • Numerous untested targets including extensions of historic mines and prospects • Target areas include: Red Gap, Apex, Epidote Ridge, East Klondyke, RA, Hot Springs North, Hot Springs South, Jamie, Ringbolt, Dixie Gold Mine, Middle Dixie, Dixie Queen Mine,
Slide 7: Mohave Mine Gold Property: Existing Infrastructure
MOHAVE MINE GOLD PROPERTY EXISTING INFRASTRUCTURE • Existing heap leach infrastructure on site was built in 1990’s to 90% completion but never reached production • Existing ore from Klondyke Mine stockpiled next to heap leach pad, ready to be leached • Heap leach pad construction 90% complete, requi
Slide 8: Mohave Mine Gold Property: Low Cost Production
MOHAVE MINE GOLD PROPERTY LOW COST PRODUCTION • Cost effective low-capital heap leach style operation • Low Strip Ratios - mineralization occurs at or near surface LOCATION AND ACCESS • Located in one of the highest rated mining friendly states in the USA and in the world • Covers significant portio
Slide 9: Mohave Mine Gold Property: The Path Forward
MOHAVE MINE GOLD PROPERTY THE PATH FORWARD EXPLORATION PERMITTING HISTORIC DATA UPDATE 43-101 Begin aggressive Initiate the Digitize all historic Complete aggressive exploration program permitting process records available on drilling and update aimed to significantly for production the property to
Slide 10: Block 103 Iron Ore Project
BLOCK 103 IRON ORE PROJECT SUPERIOR QUALITIES • World’s largest 100% owned magnetite NI 43-101 (historic) inferred resource of 7.2 billion tonnes at 29.2% total iron – inaugural resource based on only 4 km of 12 km of strike (roughly 25% of total potential resource) • Adjacent to Tata Steel’s iron o
Slide 11: Block 103 Iron Ore Project: Canada's Labrador Trough
BLOCK 103 IRON ORE PROJECT CANADA’S LABRADOR TROUGH “The Heart of Canada’s Iron Ore Production” • Labrador Trough – Safe stable jurisdiction that extends 1,600 km, with iron ore operations clustered between Schefferville and Labrador City • The world class iron ore deposits in proven geological dist
Slide 12: Block 103 Iron Ore Project: Unique Investment Opportunity
BLOCK 103 IRON ORE PROJECT UNIQUE INVESTMENT OPPORTUNITY TIMING IS GOOD • Huge infrastructure projects MASSIVE, WORLD CLASS RESOURCE globally • Global GDP growth increasing • Higher quality iron ore products HIGH QUALITY / HIGH PURITY attracting significant premiums • The move to cleaner steel ASSET
Slide 13: Preliminary Economic Assessment Highlights
BLOCK 103 IRON ORE PROJECT PRELIMINARY ECONOMIC ASSESSMENT HIGHLIGHTS (2013 pricing / assumptions) • Robust Project Economics: • NPV (at 8% discount) of CAD$7.4B • IRR of 19.3% • 30 year mine life based on ¼ of resource • Pellet production rate of 16.6MTPA of superior quality acid pellets at 67% Fe
Slide 14: Stars Project: New Porphyry Discovery in BC
STARS PROJECT NEW PORPHYRY DISCOVERY IN BC • M3 Metals has taken the Stars Porphyry Copper-Gold- Silver-Molybdenum Project from exploration to discovery stage with continued significant exploration upside potential to expand and find new mineralized areas. • Stars Project is located in a Major Porph
Slide 15: 2018 Airborne Geophysics Identifies Large System
2018 AIRBORNE GEOPHYSICS IDENTIFIES LARGE SYSTEM STARS PROJECT • The recent detailed airborne magnetic survey has identified several untested magnetic anomalies • Multiple targets occur across the project area AIRBORNE MAGNETICS related to the large magnetic ring feature (or “magnetic halo”) approxi
Slide 16: Stars Project: The Path Forward
STARS PROJECT THE PATH FORWARD IP SURVEY DRILL NEW TARGETS RESOURCE CALCULATION Complete new Drill extensions of Complete resource property-wide deep- known mineralized calculation and imaging detailed IP zones within defined PEA (Preliminary survey structural corridor and Economic target new zones
Slide 17: Contact Information
CONTACT INFORMATION VANCOUVER OFFICE Suite 2000 – 1177 West Hastings Street Vancouver, BC V6E 2K3 Kosta Tsoutsis kosta@m3metalscorp.com 604.669.2279 m3metalscorp.com TSX-V: MT | OTC: MLGCF | FSE: XOVP 17