Benz Mining Corp. · TSXV:BZ
Benz Mining — Investor Presentation (February 2021)
20 slides from Benz Mining's investor presentation, Feb 24, 2021
Slide 1: Driving Growth of a High-Grade Gold District
For personal use only z ELECTROMAGNETICS EASTMAIN GOLD PROJECT QUEBEC, CANADA DRIVING GROWTH OF A HIGH-GRADE GOLD DISTRICT BENZMINING.COM | TSXV: BZ, ASX: BNZ FOLLOW US: @BENZMINING CORP
Slide 2: Disclaimer and Forward Looking Statements
DISCLAIMER AND FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "Expect", "Anticipate", "Continue", "Estimate", "Objective", "Ongoing", "May", "Will", "Projec
Slide 3: Eastmain – Quebec's Forgotten Gold District
EASTMAIN – QUEBEC’S FORGOTTEN GOLD DISTRICT An underexplored gold district in the heart of Quebec For personal use only Over 220 km2 of highly prospective tenure covering 45km strike of greenstone belt Discovered in 1970 via airborne electromagnetics surveys (EM) High grade gold mineralization ident
Slide 4: Board of Directors
BOARD OF DIRECTORS For personal use only EVAN CRANSTON PETER WILLIAMS NICK TINTOR MATHEW O’HARA Executive Chairman Director Director Director B. Com., LLB from University of Western M.Eng.Sc in Geophysics from Colorado BSc. in Geology from the University of B.Com. from University of Western Australi
Slide 5: Highly Experienced Management Team
HIGHLY EXPERIENCED MANAGEMENT TEAM XAVIER BRAUD, MAIG CEO & Head of Corporate Development Australia For personal use only M.Sc. in Geology from Universite Paris XI, Ecole Normale Superieure de Paris and Universite de Cergy-Pontoise, exploration geologist with 13 years field experience Previous roles
Slide 6: Corporate Summary
CORPORATE SUMMARY For personal use only Symbol TSXV:BZ / ASX:BNZ BZ.TSXV YTD Share price and volume $1.40 1400 Common Shares Outstanding 98,838,756 Warrants (C$0.12 - C$1.00) 50,265,428 $1.20 1200 Options (C$0.07 - C$3.00) 7,457,213 $1.00 1000 Volume (Thousands) Top 20 Shareholders (%) ~50% $0.80 80
Slide 7: Quebec: A World Class Mining Jurisdiction
QUEBEC: A WORLD CLASS MINING JURISDICTION For personal use only Quebec – one of the largest gold producing regions in the world (+260 Moz gold) James Bay area quickly becoming one of the hottest places for exploration in Quebec with numerous new (2019) gold discoveries including: Azimut Exploration
Slide 8: Upper Eastmain Greenstone Belt – The Next Frontier
UPPER EASTMAIN GREENSTONE BELT – THE NEXT FRONTIER For personal use only Upper Eastmain Greenstone Belt is an underexplored greenstone belt ~150km in length and up to 20km wide 316 km by road from Chibougamau, a major mining centre with workforce and process plants Eastmain Gold Project is in territ
Slide 9: History of the Eastmain Gold Project
HISTORY OF THE EASTMAIN GOLD PROJECT 1994-95 - Mining MSV Res Inc. mined 118,356 tonnes @ 10.58 g/t Au 1969-1970 - Discovery 1981/82 2016 For personal use only ~ 40koz Acquired by Placer for base metal exploration Recoveries >95% via CIL All season road to property Placer re-staked Eastmain Anomaly
Slide 10: The Theory – Targeting High Grade Gold with EM
THE THEORY – TARGETING HIGH GRADE GOLD WITH EM A rare situation where electromagnetics can directly lead to high-grade gold For personal use only Eastmain Mineralization Semi massive pyrrhotite “In order to solve the problem of defining prospective sulphide lenses, borehole geophysics was used. It s
Slide 11: Eastmain Deposit – What We Identified
EASTMAIN DEPOSIT – WHAT WE IDENTIFIED Last ground EM programs conducted by For personal use only Placer in 1980s Borehole PEM (DHEM) successfully targeted high grade lodes in A and B Zones Significant advances in EM technology since 1980s Recent drilling (last 20 years) has been based off geological
Slide 12: Over 10km of Significant Exploration Potential
OVER 10KM OF SIGNIFICANT EXPLORATION POTENTIAL For personal use only Z High grade drill intercepts spread over 10km of strike High grade rock chips quartz associated with pyrrhotite same as resource mineralization Mineralization also present in multiple parallel geological contacts No ground electro
Slide 13: First Step – FLEM Highlights Mine Trend and Identifies Kotak Trend
FIRST STEP – FLEM HIGHLIGHTS MINE TREND AND IDENTIFIES KOTAK TREND From one mineralized trend to two with multiple large EM targets For personal use only 9 targets with high grade drill intercepts 110 line km fixed loop time domain electromagnetic (FLEM) Multiple VTEM anomalies (flown 2005) – majori
Slide 14: Second Step – Drill Conductors; Third Step – DHEM
SECOND STEP – DRILL CONDUCTORS THIRD STEP – DHEM First drill holes into FLEM targets intersected targeted host rocks Down Hole EM (DHEM) refined targets For personal use only EM20-132 38 historical holes surveyed with DHEM • Largest FLEM conductor • Newly discovered parallel trend Numerous DHEM cond
Slide 15: January 2021 – EM Identifies Third Conductive Trend – Nisto Trend
JANUARY 2021 – EM IDENTIFIES THIRD CONDUCTIVE TREND – NISTO TREND Reprocessed FLEM modelled plate confirmed by the last DHEM survey of 2020 For personal use only New trend is located 200m in the footwall of A Zone and D Zone New parallel conductive trend in the footwall of A Zone Identified by FLEM
Slide 16: February 2021 – High Grade Assays Confirm Multiple Discoveries
FEBRUARY 2021 – HIGH GRADE ASSAYS CONFIRM MULTIPLE DISCOVERIES Multiple +8g/t Au intervals - individual assays up to 85g/t Au For personal use only All targets returned high-grade intervals Mineralization on all three trends found with electromagnetics Potentially stronger than anticipated nugget ef
Slide 17: EM – Proven Direct Detection Tool for Gold at Eastmain
EM – PROVEN DIRECT DETECTION TOOL FOR GOLD AT EASTMAIN Extensions to the existing resource and new high grade mineralized trends, all driven by electromagnetics For personal use only Surface New high grade interval downplunge from A Zone Nisto trend discovery in the footwall of D Zone BENZ MINING CO
Slide 18: Assays vs Visible Gold – The Coarse Gold Blessed Curse
ASSAYS VS VISIBLE GOLD – THE COARSE GOLD BLESSED CURSE Fire assay technique used for most of the past drilling might be under-reporting true gold grades For personal use only EM20-135 EM20-132 0.9m at 7.4g/t Au from 79.2m 3.0m at 13.7g/t Au from 531.8m EM20-137 1.5m at 2.8g/t Au from 519.5m +30 gold
Slide 19: Fast Tracking Growth Through Discovery
FAST TRACKING GROWTH THROUGH DISCOVERY Three high-grade discoveries in 6 months of activity – fully funded high-impact 12 months campaign for 2021 For personal use only 2020 2021 6 months of activity 12 months of exploration Upcoming FLEM Discovery of 2 new high-grade 376,000oz at 7.9g/t Au C$15,000
Slide 20: Experienced Management and Board; Fully Funded Exploration
Experienced specialist Management and Board Demonstrable success in similar geological For personal use only environments New strategy Exploration focused, growing the Eastmain Project Proven new exploration techniques Identify potential for multiple parallel trends BenzMining.com | TSXV: BZ, ASX: B