Mayo Lake Minerals, Inc. · CSE:MLKM
Mayo Lake Minerals — Merger or Acquisition (September 2024)
22 slides from Mayo Lake Minerals's merger presentation, Sep 17, 2024
Slide 1: Tintina Gold Province Merger
TINTINA GOLD PROVINCE MERGER CSE: MLKM Anderson Gold Trend Gold Camp in the Making Carlin West Significant Gold Resource High-Grade Keno Hill Silver in South-Central Alaska September, 2024 17.09.2024 Presentation
Slide 2: Forward-Looking Statement and Disclaimer
FORWARD-LOOKING STATEMENT AND DISCLAIMER Forward-Looking: This Presentation includes certain "forward-looking statements" which are not comprised of historical facts and include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that
Slide 3: Mayo Lake Minerals – WestMountain Gold Merger
MAYO LAKE MINERALS – WESTMOUNTAIN GOLD MERGER The Combined Company Brings Together a Large Prospective Land Position for Successful Exploration and Development • Multiple exploration projects and properties in the Tintina Gold Province – Alaska and Yukon are favorable mining jurisdictions with World
Slide 4: Prolific Tintina Gold Belt
PROLIFIC TINTINA GOLD BELT Tintina Gold Province Hosts Numerous Multi Million Ounce Deposits and Numerous Producing Mines in World Class Address 0 200km Note For reference see: Slide B 4 08.08.2024 https://www.mayolakeminerals.com/uploads/1/4/1/8/141817088/summary_of_mayo_lake_minerals_inc__announce
Slide 5: Management and Board Expertise
MANAGEMENT AND BOARD EXPERTISE Officers and Directors Have Extensive Successful Experience in Mineral Exploration Projects Dr. Vern Rampton, P.Eng., Executive Chairman and Director • Over 25 years experience in Yukon; 40 years in mineral exploration André Rancourt, CPA, C.A., Chief Financial Officer
Slide 6: Executive Summary: Terra Gold Project
EXECUTIVE SUMMARY: TERRA GOLD PROJECT Advanced Resource With Potential To Become A World Class Gold Mine WestMountain Gold, Inc. (OTC: WMTN) is a mineral resource exploration company that owns the Terra Gold Project in Alaska, with a focus on growing its current identified 2.5-million-ounce gold res
Slide 7: Potential Multi-Million Ounce Deposit
POTENTIAL MULTI-MILLION OUNCE DEPOSIT Significant Near-Term Upside Potential to Increase Resource at Fish and Ben Zones, at Depth and Along Strike and in the Connection Zone. Underground Bulk Mining at Ben, 1,490,000 ounces Au; Open Pit Mining at Fish, 440,000 ounces Au Drilling will increase the Qu
Slide 8: Ben Zone Vein Structure
BEN ZONE VEIN STRUCTURE The Ben Zone Comprises Parallel Vein Structures, Steeply Dipping, Open Along Strike to the North, South and at Depth; Zone Width 250–300 Metres Drilled-off Segment: Length ~ 1000m; Depth ~ 250m N Looking East 0 200m Each Zone consists of multiple parallel structures or panels
Slide 9: Fish Zone Vein Structure
FISH ZONE VEIN STRUCTURE The Fish Zone Comprises 15 Parallel Vein Structures, Steeply Dipping to the East; Open Along Strike to the North, South and at Depth; Zone Width - 250–300 Metres Drilled-off Segment: Length ~ 600m, Depth ~ 250m N Looking East 0 100m Each Zone consists of multiple parallel st
Slide 10: Narrow High-Grade Vein Underground Mining
NARROW HIGH-GRADE VEIN UNDERGROUND MINING Total Gold Resources Increased by 178,212 Ounces; A 25% Increase Due to Lowering of Cut-off from 5.0g Au/t to 2.5g Au/t Terra: narrow vein underground, cut-off at 2.5g, Au/t; present Mid-2024 Gold resources1 Spot price, ≥ US$2300 Indicated Resources 504,799
Slide 11: Bulk Mining: Surface and Underground
BULK MINING: SURFACE AND UNDERGROUND Numerous Parallel Gold Structures Define a 250 - 300m Wide Zone That is Bulk Mineable. The Estimated Cut-off for Surface, 0.35g Au/t; for Underground, 1.0g Au/t Each zone consists of a number of parallel gold structure, 2 - 20m + wide, each containing one or two
Slide 12: Crushing and Gravity Concentration
CRUSHING AND GRAVITY CONCENTRATION Ore Processing Through Crushing and Gravity Separation Avoids Cyanide Use and Accelerates Approval Of Mining Operations • Extracted and produced 4,769 ounces gold from ~3000 tonnes (~1.6oz Au/t), 2013-2015 transported at the on-site mill • Extracted material is put
Slide 13: Identified Veins and Priority Targets
IDENTIFIED VEINS AND PRIORITY TARGETS Technical Resource Report for the Ben Zone and Fish Zone Identifies 706,600+ Ounces Indicated and Inferred Gold with Narrow Vein Mining; 2.5+ Million Ounces Gold with Bulk Mining, Open Pit; 1.9+ Million Ounces Gold, Underground Bulk Mining at Ben Zone • The Conn
Slide 14: Executive Summary: Yukon Properties
EXECUTIVE SUMMARY: YUKON PROPERTIES Four Yukon Properties With High Potential in Gold and Silver 948 Claims Covering 190 Square Kilometers Anderson-Davidson • Numerous placer creeks, anomalous gold zones and prospects spread over its 86 sq. km • Road access onto property with trail crossing property
Slide 15: Additional Opportunities for Significant Resources
ADDITIONAL OPPORTUNITIES FOR SIGNIFICANT RESOURCES Anderson Gold Trend - A Gold Mining Camp In The Making Our previous exploration programs at Anderson-Davidson were successful in expanding known gold zones, in discovering new zones and in identifying more areas showing gold potential on our large 3
Slide 16: Prolific Mineral Setting for Gold and Silver Discoveries
PROLIFIC MINERAL SETTING FOR GOLD AND SILVER DISCOVERIES Keno Silver Mines Eagle Mine: mining suspended 262M oz Ag Produced Reserves: 3.3M oz Au at 067g Au/t Reserves: 37M oz Ag Resources: 4.7M oz Au at 0.62g Au/t Resources Indicated: 87.6M oz Ag (include reserves) (includes reserves) Resources Infe
Slide 17: Anderson Gold Trend – Potential Gold Mining Camp
ANDERSON GOLD TREND – POTENTIAL GOLD MINING CAMP Numerous Gold Anomalies on Anderson Gold Trend Indicate Good Potential for Additional Discoveries Large Land Area With Numerous Gold Indications Indicate Potential for Gold Mining Camp • Gold Trend parallels large regional structural trend • Placer mi
Slide 18: Keno Hill: High-Grade Silver Mineralization
KENO HILL: HIGH-GRADE SILVER MINERALIZATION Carlin West and AJ - High-grade Silver Our drill program at Carlin West in 2022 identified broad silver structures up to 22m in core length, associated with grabs 1 up to 3994g Ag/t. Soil sampling identified a 60m by 125m block (Block) with all soils runni
Slide 19: Carlin-Roop Potential – High-Grade Keno Hill Style Deposit
CARLIN-ROOP POTENTIAL – HIGH-GRADE KENO HILL STYLE DEPOSIT Exciting High-Grade Drill Targets Have Been Delineated at the Carlin West and AJ zones Carlin West • 3,994 and 662g Ag/t grab samples at Carlin West. AJ Zone • Soils assayed ≥ 30g Ag/t1 over a 60m by 125m+ zone. • A number of vein and barren
Slide 20: Summary
SUMMARY The Combined Company Has The Necessary Elements for Successful Exploration of its Assets • Diversity - Multiple exploration projects and large land holdings in favorable jurisdictions • Experienced Management for the Place and Times - Management team with successful history of creating value
Slide 21: Forward-Looking Statements – U.S. SEC
FORWARD-LOOKING STATEMENTS – U.S. SEC This Presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of strictly historical fa
Slide 22: Corporate Contacts
CORPORATE CONTACTS WestMountain Gold, Inc. Mayo Lake Minerals Inc. Vern Rampton Rick Bloom President & CEO Chief Executive Officer Tel: 613-836-2594 Tel: 818-995-7171 E-mail vrampton@mayolakeminerals.com E-mail: rick.bloom@outlook.com Lee Bowles Director Tel: 011 3462 466 9063 Corporate Office E-mai
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