Slide 1: Technical Presentation – Fall/Winter 2018
TECHNICAL PRESENTATION – FALL/WINTER2018
Slide 2: Disclaimer
DISCLAIMER Cautionary Notes Regarding Forward-Looking Statements This Corporate Presentation (“Presentation”) includes “forward-looking information” and “forward-looking statements” (collectively referred to as “forward-looking statements”) within the meaning of applicable Canadian securities legisl
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS ESTABLISHED RESOURCE: 0.48M Indicated ounces & 2.75M Inferred ounces (virtually royalty free)* PREMIER MINING JURISDICTION: Quebec ranked 6th best jurisdiction for mining in the world** C$23M MARKET CAP – TRADING @ ~C$7/OZ [~240,000m of drill core archived – replacement value ~
Slide 4: Vision & Outlook
VISION & OUTLOOK Targeting the next Malartic style combined “super-pit”/underground operation in the Abitibi Greenstone Belt Strong potential to connect a number of the existing resource zones and expand mineralization at depth and along strike The greater 377 km² Douay Project extends over a
Slide 5: Douay vs Malartic vs Detour Lake
DOUAY VS MALARTIC VS DETOUR LAKE Douay Malartic Detour Lake Notes Location Abitibi Greenstone Belt Abitibi Greenstone Belt Abitibi Greenstone Belt Same Deposit type Intrusive-related gold system Intrusive-related gold system Orogenic Gold ± Intrusive-related Detour Lake is somewhat different, but si
Slide 6: Excellent Infrastructure: 377 km² Project
EXCELLENT INFRASTRUCTURE: 377 KM² PROJECT Douay Gold Project* Indicated: 479,000 Inferred: 2,759,000 *Contained gold from resource estimate at 0.45 g/t cut-off grade. Please refer to press release dated February 14, 2018 PAGE 6
Slide 7: AGB – Intrusive-Related Gold Systems
AGB – INTRUSIVE-RELATED GOLD SYSTEMS Lac Shortt Douay Bachelor Lake Beattie Malartic (from Fayol et al., 2016) Camflo Young-Davidson PAGE 7
Slide 8: Intrusive Related Gold Systems: Magnetic Response
INTRUSIVE RELATED GOLD SYSTEMS: MAGNETIC RESPONSE “Annular” “Positive” “Composite” (from Fayol et al., 2016) PAGE 8
Slide 9: Intrusive-Related Gold Systems: Size & Type
INTRUSIVE-RELATED GOLD SYSTEMS: SIZE & TYPE (Fayol et al., 2016) As is also the case for BC alkalic Cu-Au porphyry systems (e.g. Red Chris), smaller “finger” porphyries are exploration targets. Figure shows Douay being about 1.8 km2 – now conceptual pits cover ~5 km2, i.e. at the upper end of the sc
Slide 10: Intrusive Related Gold Systems: Young Davidson Mine, Ontario
INTRUSIVE RELATED GOLD SYSTEMS: YOUNG DAVIDSON MINE, ONTARIO YOUNG DAVIDSON (ALAMOS GOLD INC) Operating mine currently, ~5M oz Au past production + reserves Syenite intrusion focused at volcanic- Timiskaming sedimentary unconformity (red line) High-grade mineralization localized structurally w
Slide 11: Intrusive Related Gold Systems: Malartic Mine, Quebec
INTRUSIVE RELATED GOLD SYSTEMS: MALARTIC MINE, QUEBEC (from Helt et al., 2016) • Operating mine currently owned by Yamana Gold and Agnico Eagle • Open pit (dashed outline) encloses historically mined high-grade areas (orange-yellow) associated with alkalic felsic intrusions with lower-grade gold mai
Slide 12: Property Geology
PROPERTY GEOLOGY N Resource Area NE Target 5km Regional geological map showing major lithotectonic break in red, coincident with North strand of CBDZ: Taibi Grp (Ata) to the north, Cartwright Hills Grp (Acc) to S. Douay Deposit associated with syenitic intrusive complex (Adoy) interpreted to be loca
Slide 13: Micon 2018 Resource Areas, Selected Gap Areas
MICON 2018 RESOURCE AREAS, SELECTED GAP AREAS Conceptual pit-shells from Micon 2018 resource estimate. Maple Gold believes additional discoveries similar to the 2018 Nika zones can be made with further “gap” drilling. Selected Gap Areas Mineral resources which are not mineral reserves do not have de
Slide 14: Preliminary Metallurgy
PRELIMINARY METALLURGY • Samples from different areas of the Douay Resourcewere evaluated with direct cyanidation, flotation and gravity to obtain preliminary recovery estimates and basic process parameters • Bond ball mill testwork was done on a single master composite sample; additional sampling a
Slide 15: Preliminary Gold Deportment Study
PRELIMINARY GOLD DEPORTMENT STUDY • Study limited to Douay West: 8 samples yielded a total of 885 gold grains • 87% of gold grains occur as free gold in carbonate gangue, remaining 13% as inclusions in, or intergranular to, pyrite. • Majority of gold grains are <5 microns in length, with few being >
Slide 16: 2018 Winter Drilling Campaign Overview
2018 WINTER DRILLING CAMPAIGN OVERVIEW Program Objectives Were: 1- Expand existing resource base via successful infill and step-out drilling 2- Confirm additional targets in greenfields areas Total meterage for campaign: 22,606m Resource Area drilling (step-out / infill): 16,262m (73%) Greenfields &
Slide 17: 2018 Work Areas
2018 WORK AREAS Distribution of 2018 field work; initial mapping and sampling, ongoing since early June, is now complete. PAGE 17
Slide 18: 2018 Drill Program Highlights
2018 DRILL PROGRAM HIGHLIGHTS Hole Zone From (m) To (m) Interval (m) Au g/t g/t x m DO-18-203 Porphyry 614 633 19.0 0.88 16.72 including Porphyry 625 626 1.0 4.13 4.13 including Porphyry 632 633 1.0 8.21 8.21 DO-18-216 Porphyry 441 493 52.0 3.53 183.56 including Porphyry 460 481 21.0 7.87 165.27 • H
Slide 19: Resource Area Drilling - 2018
RESOURCE AREA DRILLING - 2018 NW Zone NW Gap Area New Nika Zones N 218 Central Zone Porphyry Zone Douay West Zone Main Zone East Central 229 216 254 2018 drill-holes West Central Historic Holes 247 Conceptual Pits (Micon 2018) 531 Zone Current wireframes 500m` 2018 Resource Area drilling focused on
Slide 20: Distribution of Higher Grade Samples
DISTRIBUTION OF HIGHER GRADE SAMPLES NW Zone N Nika Zone Central Zone Porphyry Zone Douay W. Zone Main Zone Conceptual pit (Micon 2018) Historical drill samples >2 g/t Au 531 Zone 2018 drill samples >2 g/t Au 2019 drill targets for review 1km 2018 drilling has continued to provide higher grade (>2 g
Slide 21: Distribution of Higher Grade Blocks (>3 g/t Au)
DISTRIBUTION OF HIGHER GRADE BLOCKS (>3 g/t Au) Douay West Porphyry 531 Main 1000m Current (Micon 2018) conceptual pit shells with blocks >3 g/t Au. Reviewing and evaluating scenarios where deeper conceptual pits are modified in order to optimize stripping ratios is an exercise the Company plans to
Slide 22: Northwest Gap Area Drill Plan (incl. Nika Zones)
NORTHWEST GAP AREA DRILL PLAN (incl. NIKA ZONES) N 2018 drill-holes DO-18-217: 17.0m @ 1.08 g/t Au 200m Samples >2g/t Au, 2018 holes Historical Holes Conceptual Pits (Micon 2018) New Nika Zones NW Zone Micon 2018 wireframes Nika Zones Reported intersections DO-18-241: 12.0m@1.78g/t Au DO-18-218: 50.
Slide 23: Nika Zone Cross-Section 705200E
NIKA ZONE CROSS-SECTION 705200E P2019 P2019 West end of Porphyry Pit 100m Current (Micon 2018) conceptual pit and corresponding resource (brown outline) does not include more significant new Nika Zone mineralization. P2019 = proposed 2019 holes PAGE 23
Slide 24: Photos DO-18-218
PHOTOS DO-18-218 Pale pink syenite with pyrite-(fluorite) veinlets. Part of sample assaying 2.44 g/t Au. Core diameter = 47mm. PAGE 24
Slide 25: Photos DO-18-218
PHOTOS DO-18-218 Strongly fractured pink to red syenite with abundant disseminated and veinlet pyrite, forming part of sample assaying 9.22 g/t Au. Core diameter = 47mm PAGE 25
Slide 26: 2018 Drill Results Porphyry Zone (W-Central)
2018 DRILL RESULTS Porphyry Zone (W-Central) DO-18-229: Section 705900E 5.5m @ 1.94 g/t Au 8.5m @ 3.83 g/t Au N 12.0m @ 1.90 g/t Au DO-18-216: DO-18-230: 52.0m @3.53 g/t Au 7.0m @ 1.17g/t Au 4.8m@1.25 g/t Au DO-18-234: 7.0m @ 1.47 g/t Au 27.9m @ 0.66 g/t Au Porphyry Zone 2018 Drillhole Collars Histo
Slide 27: 2018 Drill Results Porphyry Zone (West-Central)
2018 DRILL RESULTS Porphyry Zone (West-Central) S N P2019 13.6m @ 0.98g/t Au 4.8m @1.25 g/t Au 93.6m @ 0.87 g/t Au 7m @ 1.17 g/t Au 200m PAGE 27
Slide 28: 2018 Drill Results Porphyry Zone (West-Central)
2018 DRILL RESULTS Porphyry Zone (West-Central) S N 7.0m @1.47 g/t Au 27.9m @0.66 g/t Au 4.0m @1.21 g/t Au 200m PAGE 28
Slide 29: 2018 Drill Results Porphyry Zone (West-Central)
2018 DRILL RESULTS Porphyry Zone (West-Central) 52.0m @ 3.53 g/t Au 100m Black bars on left side of hole trace = individual Au assays, scale 0.1-10.0 g/t Au for presentation purposes. Mineralized zone uses 0.25 g/t Au cutoff. Note significantly higher grade at depth in DO-18-216 (visible gold presen
Slide 30: 2018 Drill Results Porphyry Zone (E-Central)
2018 DRILL RESULTS Porphyry Zone (E-Central) DO-18-254: 61.5m @ 0.8 g/t Au Incl. 27.5m @ 1.3 g/t Au Section 708000E DO-18-244: N 2.5m @ 3.5 g/t Au Section 707850 3.0m @ 1.4 g/t Au 7.0m @ 2.1 g/t Au 1.0m @ 6.3 g/t Au DO-18-247: 21.0m @ 3.5g/t Au Porphyry Zone Incl. 6.0m @9.3g/t Au 2018 Drill Collars
Slide 31: 2018 Drill Results Porphyry Zone (E-Central)
2018 DRILL RESULTS Porphyry Zone (E-Central) S N P2019 P2019 21m@ 3.49 g/t Au 100m Geological Section for DO-18-247. Mineralization extends from surface to below the lower limit of the current (Micon 2018) conceptual pit shown as dark v-shaped outline, with the deeper intercept in DO-18-247 being si
Slide 32: 2018 Drill Results Porphyry Zone (E-Central)
2018 DRILL RESULTS Porphyry Zone (E-Central) S N P2019 P2019 27.5m @ 1.25 g/t Au 100m Geological Section for DO-18-254: note very limited drilling. Higher grade mineralization continues beyond limits of conceptual pit shown as dark v-shaped outline. Lower grade zone in D-93-11 is associated with mix
Slide 33: 2018 Drill Results Porphyry Zone (E-Central)
2018 DRILL RESULTS Porphyry Zone (E-Central) Fig. 3 (A to C): A, top left, altered hematitic and pyritic syenite with quartz veinlets in highest grade portion of DO-18-247. Note speck of visible gold to the left of the dime. B, top right, bleached and strongly pyritic syenite in DO-18-254. C, bottom
Slide 34: Douay West Section 704300E
DOUAY WEST SECTION 704300E S N 200m Higher grade mineralization (red = >2.5 g/t Au) is associated with structures, iron-rich basalts and minor feldspathic alteration and/or injections with associated pyrite PAGE 34
Slide 35: Generative Drilling - NE Syenite Target
GENERATIVE DRILLING - NE SYENITE TARGET N Resource Area NE Syenite Target Historical drillhole collars NE Target 2018 collars Possible centers 2km 2018 greenfields holes show widespread anomalous Na, Sr, more focused As, Ce, Cr, Cs, K, La, P, S, Sb, Zn. Together with local presence of fluorite, this
Slide 36: Generative Drilling – West RC Area
GENERATIVE DRILLING – WEST RC AREA Estrades Horizon “Top-of-Bedrock” RC drilling (on regional magnetic gradient) in westernmost part of property generated three target areas from till gold anomalies, supported by adjacent bedrock geochemistry anomalies. Past production at high grade Au-rich Estrades
Slide 37: Drill Program Summary & Upcoming Plans
DRILL PROGRAM SUMMARY & UPCOMING PLANS • New mineralized zones continue to be discovered outside conceptual pits (Nika Zones) • New mineralized zones are still being found within existing conceptual pits, in areas previously classified as waste (eg. NW and Porphyry Zones) • Summer greenfield explora
Slide 38: Key Takeaways
KEY TAKEAWAYS WORLD CLASS JURISDICTION, ESTABLISHED RESOURCE & INFRASTRUCTURE STRONG MANAGEMENT, TECHNICAL & BOARD (INCLUDING SEVERAL EX-IVANHOE MINES) DOUAY GOLD PROJECT EXHIBITS STRONG SIMILARITIES TO AN EARLY STAGE CANADIAN MALARTIC WITH SIGNIFICANT EXPLORATION UPSIDE DEMONSTRATED WITH RESU
Slide 39: SUITE O: +1(416) 682.2674 RICHMOND STREET WEST =: +1(416) 306.8141
SUITE 701 O: +1(416) 682.2674 1 RICHMOND STREET WEST =: +1(416) 306.8141 TORONTO, ONTARIO MSH 3W4 CANADA INFO@MAPLEGOLDMINES.COM MAPLEGOLDMINES.COM oe y WAS RANA AN ‘\ & MAPLE MAPLEGOLDMINES.COM