Brixton Metals Corporation · TSXV:BBB
Brixton Metals — Investor Presentation (June 2016)
28 slides from Brixton Metals's investor presentation, June 2016
Slide 1: Corporate Presentation June 2016
Corporate Presentation BBB : TSX Venture JUNE 2016 A Canadian Gold-Silver Exploration & Development Company 1
Slide 2: Safe Harbour Statement
SAFE HARBOUR STATEMENT Information set forth in this presentation involves forward-looking statements, including but not limited to comments regarding timeline, predictions and projections. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-lo
Slide 3: Why Brixton Metals?
WHY BRIXTON METALS ? Vision: To advance toward feasibility, multi-million ounce, high-grade gold-silver deposits within North America. Mission: To create shareholder wealth by unlocking value in high-grade gold-silver assets through low cost acquisitions and exploration/development. Experience
Slide 4: Management & Directors
MANAGEMENT & DIRECTORS GARY THOMPSON P.GEO., CHAIRMAN & CEO IAN BALL B.Com, DIRECTOR • Co-Founder of Brixton Metals Corporation • CEO of Abitibi Royalties Inc. • 25 years in exploration for precious/base metals, • Previously President of McEwen Mining Inc., geothermal energy & Oil & Gas • Credited w
Slide 5: Share Structure
SHARE STRUCTURE TSX Venture Exchange : BBB $0.38 Rob McEwen Shares Outstanding 26,888,226 14% Options 35,000 Management 15% Warrants ($0.15 to April 2019) 7,665,200 Retail CMP 9% Fully Diluted 34,557,126 Hecla 9% Market Capitalization $10.2 Million Cash (as at 8 April 2016) $1.2 Million Debt none •
Slide 6: The Famous Cobalt Silver Camp
THE FAMOUS COBALT SILVER CAMP NATIVE SILVER Photo courtesy of Gino Chitaroni UNDERGROUND HIGHGRADE SILVER ORE IN COBALT 1960’s 6
Slide 7: Highlights Langis-Cobalt
HIGHLIGHTS LANGIS‐COBALT Langis past production at 10.4 Moz Ag at 25 oz/t Ag Drilling: 618.3 oz/t Ag over 1.6 ft 49.8 oz/t Ag over 31.0 ft 61.1 oz/t Ag over 11.4 ft 118.2 oz/t Ag over 1.0 ft Hudson Bay past production 6.4 Moz Ag at 123 oz/t Stope: cut 93.4 oz/t Ag over 6.0 ft Rapidly
Slide 8: Langis Summary
LANGIS SUMMARY 100% owned subject to a 2% NSR to vendors. HIGH GRADE SILVER NORTHEAST ONTARIO Near term production potential. Past production of 10.4M oz of Ag from 418,305 short tons, recovery grade of 25 oz/t or (Closed in 1990 due to silver price drop to $5/oz) Plus Hudson Bay mine, past
Slide 9: Langis Cross-Section
LANGIS CROSS‐SECTION Shallow workings Open at depth Drill Grade Interval Grade Interval The unmined Langis zone intersected by drilling: ID oz/t Ag Feet g/t Ag metres 49.85 oz/t Ag over 31 ft and 40.0 oz/t Ag over 64‐85 51.00 5.00 1,586.28 1.54 13ft. This area will be the focus for follow up 64‐80 3
Slide 10: Langis Drill Results & Underground Workings
LANGIS DRILL RESULTS & UNDERGROUND WORKINGS Open at depth Open at depth 618.3 / 1.6’ OzAg / feet 10
Slide 11: Langis Long-Section
Looking North LANGIS LONG‐SECTION Drill Intercepts oz/t Scale 50m SILVER Mined out blocks 250m surface Shaft #6 Shaft #4 - 325 ft level - 400 ft level -492 ft level Select Drilling Results Select Drilling Results oz/t Ag ft level oz/t Ag ft level 39.9 9.7 335.0 21.5 3.0 355.0 Select Drilling Results
Slide 12: Langis Geology
LANGIS GEOLOGY Significant high‐grade silver intersections have • 0 been recovered from within all three rock types. Silver bearing veins in the area are steeply- dipping and are categorized as single- vein or multiple-vein type structures. Scale 0 1km Drilling cut 618 oz/t over 1.6 ft Low c
Slide 13: Depth Potential
DEPTH POTENTIAL Apparent Vertical Drill Targets 13
Slide 14: Next Steps at Langis
NEXT STEPS AT LANGIS Complete historical data compilation into 3d model IP and magnetic geophysical surveys, interpretation / 3d model Summer/fall drilling 2016 for confirmation holes and test new targets Proposed Langis Project Budget 2016 Geological Modelling & Data compilation $ 80,000 Geop
Slide 15: An Emerging Gold-Silver District
An Emerging Gold-Silver District 15 15
Slide 16: Thorn Project Summary
THORN PROJECT SUMMARY Northwest British Columbia Gold-Silver Accessed via one hour fixed wing flight from Whitehorse to the on site airstrip Claim size 28,000 Ha 100% owned claims in good standing with no work requirements until 2025 Centerra Gold Multiple styles/hosts of gold mineralization J
Slide 17: Geology & Structure
GEOLOGY & STRUCTURE 10km OBAN: In pit inferred: 3.7Mt of 105.07 g/t AgEq for 12.5Moz AgEq Underground inferred: 0.5Mt of 113.84 g/t AgEq for 1.9Moz AgEq 95.08m of 1.71 g/t Au, 628 g/t Ag uKSV: Late Cretaceous AMARILLO AREA 265 g/t Au IJTF: 631 g/t Ag 12 g/t Au / 1m within 20m uKIN2: Lower to Mid Roc
Slide 18: Thorn Drill Highlights / Plan
THORN DRILL HIGHLIGHTS / PLAN OBAN ZONE: 95.08m 628 g/t Ag, 1.71 g.t Au (including 9.25 of 2,984 g/t Ag. 3.0 g/t Au) OUTLAW ZONE: 59.65M OF 1.15 g/t Au, 5.64 g/t Ag (including 9m of 3 g/t Au,10 g/t Ag) GLENFIDDICH ZONE: 2.2m of 10.6% Cu, 583 g/t Ag, 2.5 g/t Au TALISKER ZONE: 49.78M OF 1.41 G
Slide 19: 2016 Gold Targets
2016 GOLD TARGETS 2016 areas of interest 25.93 g/t Au 43.0 g/t Au 24.14 g/t Au 57.38 g/t Au 22.13 g/t Au 10.0 g/t Au 20.50 g/t Au 11.0 g/t Au 19
Slide 20: Thorn's Chivas Zone
THORN’s CHIVAS ZONE New Discovery Potential 2016 Planned Program LOOKING WEST No previous work reported in this area Anomalous 700m soil line 2014: up to 11 g/t Au, 12 g/t Ag, 11 g/t Te 66 ppb Au 85 ppb Au 248 ppb Au 176 ppb Au 11 ppb Au 39 ppb Au 84 ppb Au 493 ppb Au 127 ppb Au 11,000 ppb Au 83 ppb
Slide 21: Why Invest in Brixton?
WHY INVEST IN BRIXTON? A well seasoned and efficient management team A tight share structure with less than 27M shares outstanding Strong shareholders: Rob McEwen, Hecla Mining, CMP, Management and close associates hold ~60% of the stock Brixton has a near term production opportunity with ve
Slide 22: Contact Information
Contact Information BRIXTON METALS CORPORATION (TSX-V: BBB) GARY R. THOMPSON, P.GEO, CHAIRMAN & CEO 1 (604) 630-9707 office gary.thompson@brixtonmetals.com Suite 1010 – 409 Granville Street Vancouver, BC, Canada V6C 1T2 brixtonmetals.com 22
Slide 23: Appendix
Q Bx BRIXTON 5¥ Y METALS APPENDIX 23
Slide 24: Outlaw Zone Drilling and Au Geochem
OUTLAW ZONE DRILLING AND AU GEOCHEM 24
Slide 25: Thorn Resource Highlights
THORN RESOURCE HIGHLIGHTS Highlights: Maiden Inferred Resource of 21.5Moz AgEq on 15,160m drilled. Inferred Mineral Resource Statement, Thorn Project, British Columbia, SRK Consulting (Canada) Inc., October 28, 2014. In‐Situ Grade Contained Metal Metal Ag Metal Au Metal Cu Metal Pb Metal Zn Tonnage
Slide 26: Oban Block Model
OBAN BLOCK MODEL 95.08m of 628 g/t Ag, 1.71 g/t Au Including 9m of 3,646 g/t AgEq 123m of 190.68 g/t Ag 1.19 g/t Au 3.25% Zn 1.74% Pb Within 310m of 223.51 AgEq Hole 119 ended in OBAN Zone 121 AgEq at Diatreme Breccia 383m (off section) 26
Slide 27: Gold Silver Ratio
Q BX Brixton GOLD SILVER RATIO ¥ METALS All Data Gold/Silver Last Close: 75.27 110 High: 100.82 Low: 14.01 33.77 81.36% 100 90 80 70 | 60 50 404 30 1976 1982 1988 1994 2000 2006 2011 Wednesday, May 25, 2016 27
Slide 28: Gold / US Debt
i) BRIXTON GOLD / US DEBT *¥ JMETALS Price of Gold in USD vs. US Total Debt (millions) $20,000,000 7) $2,000 od A $18,000,000 $1,800 $16,000,000 $1,600 $14,000,000 = $1,400 $12,000,000 $1,200 US debt $10,000,000 $1,000 Gold price $8,000,000 $800 $6,000,000 $600 $4,000,000 + $400 $2,000,000 + $200 $0