Melkior Resources Inc. · TSXV:MKR
Melkior Resources — Investor Presentation (December 2019)
30 slides from Melkior Resources's investor presentation, Dec 17, 2019
Slide 1: Corporate Presentation Dec 2019
A CANADIAN GOLD EXPLORATION COMPANY FOCUSED ON DISCOVERY MKR: TSX-V Corporate Presentation Dec 2019 MKRIF: OTC MEK: Frankfurt
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains certain statements that may be deemed “forward-looking statements”. All statements, other than statements of historical fact, that address events or developments that Melkior Resources Inc. expects to occur, are forward-looking statements. Forwar
Slide 3: Overview
Overview • Strong Shareholder Base • Focused on follow-up drilling in Carscallen as 23.5g/t over 8 meters with 0.036% CU over 81 meters and .067% Zinc over 36 meters was intersected in Nov 2019 Drill Results. • Experienced technical team • Strong Management • Management team is working hard to advan
Slide 4: Strategy for Value Creation
Strategy for Value Creation Near Term Catalysts 1 Carscallen Project (Timmins ON): Winter Program • Following the success of the Nov 2019 drill program (23.5g/t over 8 meters) our technical team will be planning approximately 2,400 meters of follow up drilling to test the high grade mineralized syst
Slide 5: Management
Management Jim Deluce Norman Farrell Chief Executive Officer and Director Director Mr. Deluce obtained his Industrial Engineer degree Founder and first president of Melkior Resources Inc, then from the University of Toronto. He has 40 years Messeguay Mines Inc, from 1987 to 1993 he sat on the extens
Slide 6: Technical Team
Technical Team Peter Caldbick Consulting Geologist Mr. Caldbick has been active in exploration and mining for the past 36 years throughout Northern Ontario, Quebec, Newfoundland and the Northwest Territories in the positions of VP Exploration, mine geologist, and technical consultant. Mr. Caldbick’s
Slide 7: Carscallen Project Summary
Carscallen Project Summary Carscallen Project: ➢ 100% Ownership ➢ 320 claim units, covering over 47 square kilometers ➢ Nov 2019 drilling intersected 23.5g/t over 8 meters with 0.036% CU over 81 meters and .067% Zinc over 36 meters. ➢ ZamZam gold bearing zone has been traced on surface for a length
Slide 8: Carscallen Project
Carscallen Project The 100% owned Carscallen Gold Project is located in the Abitibi Greenstone belt, 3 kilometres due north of the PDFZ and 25 kilometres west of the city of Timmins in Northeastern Ontario. The project shares approximately 9 kilometres of common boundary with Lake Shore Gold who was
Slide 9: Carscallen – Nov 2019 Drilling
Carscallen – Nov 2019 Drilling ➢ Intersected 23.5 g/t Au over 8.0 meters from 426.0 to 434.0 meters Including 372 g/t Au over a half meter from 433.0 to 433.5 meters in hole CAR-19-03A. Additionally this hole interested .036% Copper over 81.0 meters and .067% Zinc over 36 meters. ➢ An interpretation
Slide 10: Carscallen – Jan/Feb 2020 Drilling
Carscallen – Jan/Feb 2020 Drilling Stage 1: Mise-a-la-Masse Downhole Geophysical Survey • In March of 2012, Abitibi Geophysics did a downhole survey on CAR-79-2012 and detected an offhole conductor 500 meters at depth and approximately 25 meters from the drillhole but were unable to vector in on the
Slide 11: Carscallen – Other Sections
Carscallen – Other Sections Section 36A of Zam Zam / Jowsey Gold Deposit Section 18A Of Shenkman Gold Deposit Looking Northwest 330 Degrees Granodiorite CAR – 07 -06 5.59 g/t / 1.3 m WKD -07 – 6B 14.21 g/t / 2.9 m CAR – 72 -2011 12.13 g/t / 1.5 m Granodiorite Mafic Volcanics Open at Depth Porphyry O
Slide 12: Carscallen – Geology & Historical Intercepts
Carscallen – Geology & Historical Intercepts MKR: TSX-V | MKRIF: OTC | MEK: FSE 12
Slide 13: Carscallen Project
Carscallen Project • DDH Plan View Showing Locations of Shenkman With Respect To Zam Zam/Jowsey Zones. Note Relatively Zam Zam/Jowsey Zones 177 Meters Untested Area between the three zones Shenkman Zone 133 Meters MKR: TSX-V | MKRIF: OTC | MEK: FSE 13
Slide 14: Maseres Project Summary
Maseres Project Summary Maseres Project: ➢ Located about 14 km southwest of the Osisko Black Dog Deposit ➢ The Maseres land package is about 12 km by 20 km (90,000 acres) of contiguous sole ownership. (100% Owned) ➢ The 2018 VTEM survey data supports the hypothesis that the Urban Barry Greenstone Be
Slide 15: Maseres Project
Maseres Project Melkior is of the opinion the Maseres Project may be situated on a prospective gold rich, Bousquet Type, VMS environment. • Robust 12 km conductive trend is linked into a very intriguing 4 km by 6 km concentric magnetic anomaly with an outer robust conductive ring anomaly. • Geotech
Slide 16: Maseres Project
Maseres Project 2020 Project Plan: ➢ A re-interpretation of the 2017 soil survey results and analytical results indicates that targets are expected to be up-ice from the glacier formation that put in place the till layer. ➢ This explain the results of the 2018-2019 drill program showing anomalous ba
Slide 17: Maseres Project
Maseres Project 2020 Project Plan : Anomalies : Principles Soil The glacier pass over the mineralization and spread pieces of rocks of various size down-ice from the glacier direction. This result in the formation of a till layer that is assayed during a soil sample survey. The results give you indi
Slide 18: Maseres Project
Maseres Project 2020 Project Plan: ➢ Target 7 : Multiples anomalous samples in the same cluster show a high potential for a common source to Source? all of the soil anomalies. This contrast highly with the other samples in the same area. ➢ The rest of the area indicate a lower potential due to limit
Slide 19: Maseres Project
Maseres Project 2020 Project Plan : ➢ Target 1 and 2 ➢ Next to the 2018-2019 drill program that focussed on high conductivity anomalies. ➢ The soil anomalies, sitting right on top of the drill holes suggest an up-ice source. This means the soil anomalies would instead be associated with lower conduc
Slide 20: Maseres Project
Maseres Project 2020 Project Plan: ➢ Targets 3, 4 and 5. ➢ Melkior has additional targets that can be easily followed upon for a relatively low cost. This will either confirm or infirm the anomalies. Confirmed anomalies will become very significant targets since a source would have to be located on
Slide 21: Maseres Project
Maseres Project 2020 Project Plan: ➢ Other Targets : ➢ Two very interesting boulders were discovered in 1992 and 1993 by ODM and are probably associated with VMS system found on the Maseres Property: ➢ Boulders K-93-62 and K-92-53 are located very closely and both show Osisko 2018 DDH location the s
Slide 22: Maseres Project 2017 A-Horizon Soil Analysis
Maseres Project 2017 A-Horizon Soil Analysis A-horizon soil analysis over the EM trend returned up to: MKR: TSX-V | MKRIF: OTC | MEK: FSE 22
Slide 23: Maseres Project 2019 Maiden Drill Program
Maseres Project 2019 Maiden Drill Program Drill results over the EM trend returned up to: Element Returned Au (Gold) 0.309 g/t Ag (Silver) 181.0 g/t Cu (Copper) 0.14% Zn (Zinc) 1.74% Pb (Lead) 0.69% MKR: TSX-V | MKRIF: OTC | MEK: FSE 23
Slide 24: White Lake Project Summary
White Lake Project Summary ➢ Located approximately 15 km northeast of the Hemlo Gold Mine currently operated by Barrick Gold Corporation ➢ 100% Ownership ➢ 244 contiguous claim units. ➢ Historical surface work resulted in the discovery of the high-grade Carroll MacDougall gold occurrence ➢ Full prop
Slide 25: White Lake Project
White Lake Project The available information suggests that “Hemlo Style” mineralization may be present at a depth of 100m and could persist for an additional two hundred meters or more, beyond the limitations of the VTEM survey conducted. The historical information has coalesced to reinforce the exp
Slide 26: White Lake Project
White Lake Project • Samples obtained from the Carrol-MacDougall occurrence confirmed its gold bearing nature with 1,168 g/t gold and the 2018 high grade grab sample was 82 g/t gold. • Five priority exploration areas were defined and are presented in the following table on the next page: MKR: TSX-V
Slide 27: White Lake Project
White Lake Project MKR: TSX-V | MKRIF: OTC | MEK: FSE 27
Slide 28: Royalty Portfolio
Royalty Portfolio Property Operator Location Stage Metal Terms 1 Joubi Agnico Eagle Dubuisson Township of Quebec Exploration Au 1% NSR 2 Launay O3 Mining (Osisko) Launay Township of Quebec Exploration Au 1.5% NSR (0.75% Buyback for $750K) 3 Souart Osisko Metals Souart Township of Quebec Exploration
Slide 29: Share Capital (as of May 31, 2019)
Share Capital (as of May 31, 2019) Share Capitalization Share Price Performance Share Price (Nov 29) C$0.03 52 Week High / Low C$0.01 / C$0.13 Shares Outstanding 193,657,586 Warrants 20,000,000 Options 4,600,000 Fully Diluted 219,010,791 MKR: TSX-V | MKRIF: OTC | MEK: FSE 29
Slide 30: www.melkior.com info@melkior.com Tel: 705-267-4000
www.melkior.com info@melkior.com Tel: 705-267-4000 66 Brousseau Ave Suite 207 Timmins, Ontario P4N 5Y2
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