Storm Exploration Inc · TSXV:STRM
Storm Exploration — Lithoquest Resources — Investor Presentation (September 2021)
19 slides from Storm Exploration's investor presentation, September 2021
Slide 1: Exploring for Ontario's Next Multi-Million-Ounce Gold Deposit
TSX-V: LDI Exploring for Ontario’s Next Multi-Million-Ounce Gold Deposit September 2021
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation may contain “forward-looking statements.” These forward-looking statements are made as of the date of the PowerPoint presentation and Lithoquest Resources Inc. (“Lithoquest”) does not intend, and does not assume any obligation, to update these forward- lo
Slide 3: The Value Proposition
The Value Proposition • Lithoquest is exploring for multi-million-ounce gold deposits in a Tier 1 jurisdiction: NW Ontario • Internationally recognized technical team • Best-in-class gold fund managers as committed financial partners providing access to capital • Extensive drill-confirmed, high-grad
Slide 4: Corporate Structure
Corporate Structure SHARE STRUCTURE* MAJOR SHAREHOLDERS Shares Outstanding 90,736,881 Institutions 22% Warrants (w.a. $0.15) 24,661,436 Retail 47% Options (w.a. $0.19) 8,860,000 HNW / Shares Price $0.11 Family Office 21% Market Cap $10.0M Management/ Advisors 10% Cash $2.5M *As at 30-Jun-2021 Medali
Slide 5: Experienced Leadership
Experienced Leadership Management & Directors Technical Team Bruce Counts: President, CEO & Director Dr. Rob Carpenter: Senior Technical Advisor Lon Shaver: Director & Audit Committee Chair Allison Rippin-Armstrong: ESG Advisor Michael Sweatman: Director & Compensation Committee Chair Dave Skelton:
Slide 6: Greenstone Hosted Gold Deposits
Greenstone Hosted Gold Deposits Greenstone belts are a significant source of global gold supply There are numerous greenstone belts in northern Ontario, and they host some of the world’s richest gold mines Most exploration is focused on the crowded historic gold camps, like the +30Moz Red Lake distr
Slide 7: Uchi Geological Sub-province
Uchi Geological Sub-province 625 km of precious metal endowment in NW Ontario Major gold deposits have been found on every greenstone belt in the Uchi geological sub-province except the Miminiska-Fort Hope belt Gold was first discovered in the Miminiska- Fort Hope belt in the early 20th century, but
Slide 8: Miminiska – Fort Hope Greenstone Belt
Miminiska – Fort Hope Greenstone Belt Potential to host Ontario’s next gold camp Our research singled out the Miminiska-Fort Hope belt as having potential to host a new gold camp: • The right geology: BIF • Drill-confirmed high-grade gold We made the following strategic acquisitions 1. Option Agreem
Slide 9: Miminiska
Miminiska Historical Drilling Confirmed High-Grade Gold Zones: Miminiska & Frond Areas of initial focus - opportunity to significantly expand gold mineralization exists at both locations Miminiska – Select Historical Results* From To Interval Drill Hole Au (g/t) (m) (m) (m) 0603-8 51.94 72.78 20.84
Slide 10: Miminiska
Miminiska Potential to Discover Multi-Million Ounce Deposits Intermittent historical exploration concentrated on zones of known gold mineralization with last work completed in 2005 Several gold occurrences discovered between Miminiska & Frond suggest potential for additional discoveries Modern explo
Slide 11: Keezhik
Keezhik An Early-Stage Opportunity with Multi-million Ounce Discovery Potential Select historical results from Keezhik* Sample Interval Zone Au (g/t) Type (m) KL-12 Drill Core 2.0 16.2 KL-12A Drill Core 0.6 47.7 KL-12B Drill Core 1.3 25.8 KL-18 Drill Core 3.0 9.8 KL-27 Drill Core 1.4 13.3 KL-31 Dril
Slide 12: Acquisition Terms
Acquisition Terms In May 2021, Lithoquest entered into an Option Agreement to acquire a 100% interest in the Miminiska and Keezhik projects for a total of $4.025M in cash and shares over two years Table of Option Payments Payment Date Cash Shares On signing $25,000 Nil 9th July 2021 $100,000 Nil
Slide 13: Attwood: Greenfields Copper Exploration
Attwood: Greenfields Copper Exploration 100% owned project covers high- interest “greenstone” geology with precious & base metal potential Weese Lake copper showing indicates base metal potential Weese Lake Numerous occurrences of sulfide mineralization indicate the potential for precious metals No
Slide 14: Responsible ESG
RESPONSIBLE ESG First Nations Lithoquest’s Ontario projects are within the traditional territory of the Eabametoong First Nations. The Company is committed to engaging with the local community to advance the projects in a cooperative, respectful and mutually beneficial way. Social & Environmental Re
Slide 15: Near Term Milestones
Near Term Milestones Applying a new exploration model to an overlooked district 2021 2022 Q2 Q3 Q4 Q1 Field programs: Compile and Combine Airborne review historical and Drill test Surveys historical data recent data priority targets Geological (In Progress) (In Progress) Mapping Soil Sampling Why?
Slide 16: The Longer Term
THE LONGER TERM Value is created in the longer term with sustained and systematic drilling 2021 2022 2023 Compile/review Drilling to expand historical data Additional drilling at known showings & & collect new baseline one or more locations test new targets data Goal Goal Goal Develop a plan to Defi
Slide 17: Targeting Gold at the Right Time
Targeting Gold at the Right Time Our Shareholders Asked for a Strategic Shift to Gold - We Responded with Strategic Acquisitions Early Stages of the “Lassonde Curve” Our Projects Poised to take advantage of the most desirable part of the “Lassonde Curve” Miminiska Extensive drill-confirmed gold mine
Slide 18: The Power of Discovery
THE POWER OF DISCOVERY Generating Wealth Creation from Exploration Success Great Bear Resources is an example of the value that can be created with the discovery of a significant gold deposit in northwestern Ontario Stock price chart for Great Bear Resources (TSXV: GBR) In 2018, Great Bear Resources
Slide 19: lithoquest.com TSX-V: LDI
info@lithoquest.com lithoquest.com +1 (604) 506-2804 TSX-V: LDI
Lithoquest Resources — Investor Presentation (September 2021) on 6ix