Tnr Gold Corp. · TSXV:TNR
Tnr Gold — Investor Presentation (November 2021)
56 slides from Tnr Gold's investor presentation, November 2021
Slide 1: The Power of Discovery
The Power of Discovery Los Azules Copper NSR Royalty Holding with McEwen Mining
Slide 2: The Power of Discovery
The Power of Discovery Building The Green Energy Metals Royalty and Gold Company
Slide 3: Cautionary Statement Regarding Forward-Looking Information
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION OF TNR GOLD CORP. (“TNR”) Certain of the statements made in this Presentation may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canad
Slide 4: Cautionary Note to US Investors
CAUTIONARY NOTE TO US INVESTORS Mineral Reserves and Mineral Resources - The terms "mineral reserve", "proven mineral reserve" and "probable mineral reserve" referred to in the Company's disclosure are Canadian mining terms as defined in accordance with National Instrument 43-101 -Standards of Discl
Slide 5: Introducing GEM Royalty TNR Gold Corp.
Introducing GEM Royalty TNR Gold Corp. “Our business model provides the unique entry point into the creation of supply chains for critical materials like energy metals which are powering Tesla Energy rEVolution and Gold industry which is providing the ultimate hedge during this part of the economic
Slide 6: Leadership
LEADERSHIP Board of Directors Management Kirill Klip, MBA – Executive Chairman Kirill Klip, MBA – President and CEO John Davies Maurice Brooks, B. Sc., FCA (ICAEW) – CFO Konstantin Klip, B.A. Konstantin Klip, B.A. – Vice President, Corporate Development Nancy La Couvée – Corporate Secretary Advisory
Slide 7: Corporate Culture
CORPORATE CULTURE Project Portfolio Strategic energy metals focus: lithium and Experienced Management Team Management copper Gold and precious metal assets Strong ownership by insiders and management Proven Business Model Identify and acquire projects at an early stage Selectively advance projects U
Slide 8: Global Assets
GLOBAL ASSETS Shotgun Gold Project CURRENT HOLDINGS London Los Azules Copper Project, Argentina Vancouver • Cu-Au-Ag deposit • TNR holds 0.36% NSR Royalty • 100% owned by McEwen Mining Shotgun Gold Project, Alaska • Porphyry gold deposit Los Azules Copper • Well defined mineralization model Project,
Slide 9: GEM Royalty Business Model
GEM Royalty Business Model TSXV: TNR www.tnrgoldcorp.com 9
Slide 10: TNR Gold GEM Royalty Portfolio
TNR Gold GEM Royalty Portfolio Project Name Metals Operator Royalty Type Mariana Lithium Lithium & Potash Ganfeng Lithium 2.0% NSR* Los Azules Copper, Gold & Silver McEwen Mining 0.4% NSR** Josemaria Copper, Gold & Silver Jose Maria Resources 7% Net Profit Interest*** * * TNR Gold holds a 0.2% NSR o
Slide 11: Assets: Copper
ASSETS ► Copper “Red metal goes green during Energy rEVolution” Visual Capitalist TSXV: TNR www.tnrgoldcorp.com 11
Slide 12: Los Azules Has Resources Of Greater Than 50M Au Oz Equivalent
► “Los Azules Has Resources Of Greater Than 50M Au Oz Equivalent” "Also, in Argentina is the company's large, 100%-owned Los Azules copper project. "To give you a sense of its size I will convert the pounds of copper to gold equivalent ounces (by dividing the gold price by the copper price, then tak
Slide 13: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 13
Slide 14: Assets: Los Azules
ASSETS ► Los Azules 100% owned by "Chile, June 26, 2019 - Argentine and Chilean McEwen Mining Inc. authorities have ratified their cooperative ties and advanced on mechanisms that facilitate the development of mining projects, within TNR holds a 0.36% the framework of the meeting of the NSR royalty
Slide 15: Los Azules Resource
► Los Azules Resource Los Azules ranks as one of the top world copper deposits that are “for JV or sale” and in a low risk jurisdiction Estimate of Mineral Resources by Type (0.20% Cu cut-off)(1) Note: Mineral resources do not have demonstrated economic viability. TNR holds a 0.36% NSR royalty (1)Te
Slide 16: Los Azules Resource
► Los Azules Resource Longitudinal Section Through the Los Azules Deposit (looking west – southwest) McEwen Mining Total contained copper is 4.6Mt (Indicated) and 8.8Mt (Inferred)2 The copper resource contains 10.2 billion pounds Indicated and 19.3 billion pounds Inferred2 Total contained gold is 1.
Slide 17: Los Azules PEA Annual Production
► Los Azules PEA Annual Production If It Were in Production Now, Referenced to 2017 World Copper Mine Production (4) (4)Please refer to technical disclosure statements (1 and 3) regarding the PEA. McEwen Mining TSXV: TNR www.tnrgoldcorp.com 17
Slide 18: Los Azules PEA C1 Cost per Pound Copper
► Los Azules PEA C1 Cost per Pound Copper If It Were in Production Now, Referenced to 2017 World Copper Mine C1 Cost (4) (4)Please refer to technical disclosure statements (1 and 3) regarding the PEA . McEwen Mining TSXV: TNR www.tnrgoldcorp.com 18
Slide 19: Los Azules Preliminary Economic Assessment
► Los Azules Preliminary Economic Assessment 2017 PEA Highlights(1,3) Base Case ($3.00/lb. copper, $1,300/oz gold, $17/oz silver) • $2.2 billion After-Tax NPV (8% discount rate) and 20.1% After-Tax IRR • 3.6 year payback and a 36 years Life of Mine (LOM); • 415 million lb. average annual copper prod
Slide 20: PEA: Commodity Price Assumptions
► Los Azules PEA: Commodity Price Assumptions Undiscounted Cash Flow Waterfall Diagram for the Life of Project(4) $3.00/lb. copper $1,300/oz gold $17/oz silver Undiscounted net smelter return, over the life of the mining project $35.2 billion McEwen Mining (4)Please refer to technical disclosure sta
Slide 21: Potential Value of TNR's NSR Royalty
► Los Azules Potential Value of TNR’s NSR Royalty Discounted Cash Flow Waterfall Diagram for the Life of Project(4) TNR holds a 0.36% NSR royalty on the entire Los Azules project PEA estimates undiscounted cash flow for the life of mine Net Smelter Return over $35B (4) PEA estimates discounted cash
Slide 22: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining. TSXV: TNR www.tnrgoldcorp.com 22
Slide 23: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining. TSXV: TNR www.tnrgoldcorp.com 23
Slide 24: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining. TSXV: TNR www.tnrgoldcorp.com 24
Slide 25: TNR Gold Reports on Los Azules Copper Royalty Holding
► TNR Gold Reports on Los Azules Copper Royalty Holding “I am very pleased to see this very exciting and significant development for the Los Azules Copper Project and personal support by Rob McEwen of the newly created McEwen Copper,” stated Kirill Klip, TNR’s Executive Chair. “It’s very encouraging
Slide 26: TNR Gold Reports on Los Azules Copper Royalty Holding
► TNR Gold Reports on Los Azules Copper Royalty Holding TNR Gold Announces McEwen Copper $80 Million Private Placement to Advance the Los Azules Copper Project Vancouver, British Columbia – July 8, 2021: TNR Gold Corp. (TSX-V: TNR) (“TNR”, “TNR Gold” or the “Company”) is pleased to announce that McE
Slide 27: TNR Gold Reports on Los Azules Copper Royalty Holding
► TNR Gold Reports on Los Azules Copper Royalty Holding TNR Gold Announces McEwen Copper $80 Million Private Placement to Advance the Los Azules Copper Project The Los Azules Copper Project is an advanced large-scale porphyry copper exploration project located in the prolific Andean Cordillera coppe
Slide 28: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 28
Slide 29: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 29
Slide 30: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 30
Slide 31: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 31
Slide 32: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 32
Slide 33: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 33
Slide 34: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 34
Slide 35: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 35
Slide 36: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 36
Slide 37: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 37
Slide 38: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 38
Slide 39: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 39
Slide 40: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 40
Slide 41: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 41
Slide 42: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 42
Slide 43: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 43
Slide 44: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 44
Slide 45: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 45
Slide 46: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 46
Slide 47: TNR Gold Reports on Los Azules Copper Royalty Holding
► TNR Gold Reports on Los Azules Copper Royalty Holding “I am very pleased to see this very exciting and significant development for the Los Azules Copper Project and personal support by Rob McEwen of the newly created McEwen Copper,” stated Kirill Klip, TNR’s Executive Chair. “It’s very encouraging
Slide 48: TNR Gold Reports on Los Azules Copper Royalty Holding
► TNR Gold Reports on Los Azules Copper Royalty Holding TNR Gold Royalty Holding Update: Rob McEwen Invests US$40 Million in McEwen Copper, Prepares 53,000-metre Drilling Program for Los Azules Vancouver, British Columbia – October 4, 2021: TNR Gold Corp. (TSX-V: TNR) (“TNR”, “TNR Gold” or the “Comp
Slide 49: TNR Gold Reports on Los Azules Copper Royalty Holding
► TNR Gold Reports on Los Azules Copper Royalty Holding TNR Gold Royalty Holding Update: Rob McEwen Invests US$40 Million in McEwen Copper, Prepares 53,000-metre Drilling Program for Los Azules McEwen Copper has engaged an experienced group of professionals and consultants to guide the Los Azules pr
Slide 50: Los Azules Copper Project update, McEwen Mining
► Los Azules Copper Project update, McEwen Mining TSXV: TNR www.tnrgoldcorp.com 50
Slide 51: TNR Gold Reports on Los Azules Copper Royalty Holding
► TNR Gold Reports on Los Azules Copper Royalty Holding “We are very pleased to see this very exciting and significant development for the Los Azules Copper Project and continued support by Rob McEwen of the newly created McEwen Copper,” stated Kirill Klip, TNR’s Executive Chair. “It’s very encourag
Slide 52: TNR Gold Reports on Los Azules Copper Royalty Holding
► TNR Gold Reports on Los Azules Copper Royalty Holding TNR Gold Updates Royalty Holdings; McEwen Copper Reopened Exploration Road – Three Work Camp Sites Established for a 10-Drill, 53,000 m Drill Program at Los Azules Vancouver, British Columbia – November 10, 2021: TNR Gold Corp. (TSX-V: TNR) (“T
Slide 53: TNR Gold Reports on Los Azules Copper Royalty Holding
► TNR Gold Reports on Los Azules Copper Royalty Holding TNR Gold Updates Royalty Holdings; McEwen Copper Reopened Exploration Road – Three Work Camp Sites Established for a 10-Drill, 53,000 m Drill Program at Los Azules The contract for delivery of a pre-feasibility study (PFS) is at the tender stag
Slide 54: Los Azules Summary: Increased Value for TNR!
► Los Azules Summary Argentina is open for business Los Azules deposit is massive 100% owned by McEwen Mining TNR has 0.36% NSR royalty PEA shows favorable results Project is moving forward Increased Value for TNR! McEwen Mining TSXV: TNR www.tnrgoldcorp.com 54
Slide 55: Contact Us Today
CONTACT US TODAY We welcome your inquiries Investor Relations Hub Joint Venture https://tnrgoldcorp.com/investors/ Partnerships IR@tnrgoldcorp.com 3500 – 1055 Dunsmuir St., PO Box 49114, Vancouver, BC, Canada, V7X 1H7 Phone: +1 604-229-8129 Fax +1 604-229-8150 www.tnrgoldcorp.com Financing November
Slide 56: Technical Disclosure Statements
► Technical Disclosure Statements Certain Information in this presentation is based on studies conducted by McEwen Mining Inc. and their consultants and “Qualified Persons” as defined by National Instrument 43-101. Statements in the presentation referring to Resource Estimates and a Preliminary Econ