Magna Mining Inc · TSX:NICU
Magna Mining — Investor Presentation (December 2021)
22 slides from Magna Mining's investor presentation, December 2021
Slide 1: The Past Producing Ni-Cu-PGM Shakespeare Project
DECEMBER 2021 THE PAST PRODUCING Ni-Cu-PGM SHAKESPEARE PROJECT TSXV: NICU
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT This presentation contains forward-looking information and forward-looking statements (collectively, "forward-looking statement") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking state
Slide 3: A Sudbury-Focused Growth Strategy
A S U D B U R Y - F O C U S E D G R O W T H S T R AT E G Y SHAKESPEARE PROJECT NI 43-101 resource Permits Past producer FAST TRACK TO PRODUCTION Toll milling or plant construction Feasibility update Q1 2022 GROWTH THROUGH EXPLORATION & ACQUISITION Resource expansion potential Multiple regional explo
Slide 4: Capital Structure & Shareholders
C A P I TA L S T R U C T U R E & S H A R E H O L D E R S CAPITAL STRUCTURE Issued & Outstanding * 71,638,504 SIGNIFICANT SHAREHOLDERS Options 4,890,000 Dundee 19% Institutional 29% Warrants 14,083,651 Retail Haywood 12% 41% Fully Diluted * 90,612,155 Libra 4% Management & Directors Cash 1 $3.5M 30%
Slide 5: Sudbury – A World Class Mining District
SUDBURY – A WORLD CLASS MINING DISTRICT Social License Supportive governments, communities and First Nations groups who welcome new mining activity. Sudbury currently has 10 mines in operation. World Class Nickel District with Exceptional Geology The Sudbury basin has produced nickel and copper ore
Slide 6: Shakespeare Highlights
SHAKESPEARE HIGHLIGHTS Past Producing Mine Permits in Place 490,000 tonnes of ore was processed through a third-party mill at an Major permits are already in place for the construction of a 4,500 tpd open average grade of 0.33% Ni, 0.38% Cu and 0.9 g/t PGM + Au between pit mining operation, processi
Slide 7: 2021 Drill Program - Shakespeare
2021 DRILL PROGRAM- SHAKESPEARE Shakespeare 2021 drill result highlights Holes 15, 20, 22 and 25 returned intersections consistent with grades and widths in the existing Shakespeare resource. Results confirm our geological thesis that the Gap Zone is mineralized and the downdip extension of the West
Slide 8: P-4: A New Nickel-Copper-PGM Discovery
P-4: A New Nickel-Copper-PGM Discovery Figure 3: Map of regional magnetics showing relationship of the P-4 target and Shakespeare Mine site Maiden drilling intersected a zone of mineralized gabbro within sedimentary rocks with a zone semi- massive sulphides containing up 1.16% Ni with copper and pre
Slide 9: District-Scale Exploration
D I S T R I C T -S C A L E E X P L O R AT I O N Shakespeare Project Area Exploration Targets N 180 km ² land package including 30km of strike of underexplored, prospective geology for multiple base and precious metal commodities. Large magmatic system with potential for high grades and multiple unte
Slide 10: Accomplishments and Achievements in 2021
ACCOMPLISHMENTS AND ACHIEVEMENTS IN 2021 Significant New Financing • Completion of C$7 million RTO and launch of additional $3 million in flow through financing • Significant new supportive shareholders, including Dundee Corporation. Completion of 8,700 m of Drilling Since May 2021 • Testing near su
Slide 11: Next Steps & Catalysts
NEXT STEPS & CATALYSTS Publish Updated Feasibility Study, Q1 2022 • NPV and capex estimates for stand-alone, 4500 tpd open pit operation producing nickel and copper concentrates. • Base case feasibility, designed to avoid material amendments and changes to closure plan to remain in compliance with p
Slide 12: A Unique Battery Metals Investment Opportunity
A UNIQUE BATTERY METALS INVESTMENT OPPORTUNITY Top tier nickel mining region STRAEGIC ASSET, Past producing asset with existing permits STRATEGIC LOCATION Two fast track options for production restart Shakespeare resource expansion EXPLORATION UPSIDE Additional regional targets SUDBURY FOCUSSED COMP
Slide 13: Nickel for Our Future - Contact Us
NICKEL FOR OUR FUTURE TSXV: NICU CONTACT US Jason Jessup, CEO Paul Fowler, Senior Vice President Jason.Jessup@magnamining.com Paul.Fowler@magnamining.com 705 665 0262 416 356 8165 @MagnaMining www.magnamining.com
Slide 14: Appendix
NICKEL FOR OUR FUTURE APPENDIX
Slide 15: Management
MANAGEMENT Jas on Jessup, MBA Derrick Weyrauch, CPA Paul Fowler, CFA Dr. Mynyr Hoxha, C E O & Director C F O & Director Senior Vice President Ph.D, P.Geo, VP Exploration Jason has over 24 years of Derrick is an experienced mining Paul is an experienced capital Dr. Hoxha is a Professional experience
Slide 16: Directors and Strategic Advisors
D I R E C TO R S A N D S T R ATEGIC A D V I S O R S Ve r n B a ke r, P. E n g . , M B A G o r d Mo r r i so n , A d v i s o r Carl DeLu ca, Director Chairman Gord is an Executive Advisor for TMAC Carl was the Chief Legal Counsel for Vern has +30 years of experience in the Resources. Previously he se
Slide 17: NI 43-101 Resource
NI 43-101 RESOURCE Au NiEq. Category (Mt) N i (%) C u (%) C o (%) P t (g / t ) P d (g/t) (g/t) (%) West resource Open Pit (0.2% Ni Eq. cut-offgrade) pit shell East resource pit shell Indicated 14.436 0.34 0.37 0.02 0.34 0.37 0.19 0.63 Inferred 1.682 0.29 0.31 0.02 0.27 0.30 0.17 0.54 Underground (0.
Slide 18: P-4 Nickel-Copper-PGM Discovery
P-4 Nickel-Copper-PGM Discovery Hole MP4 21-02 Close up of Hole MP4 21-02 Intersected 90m and 140 m from surface, the mineralization in holes MP4 21-01 and MP4 21-02 exhibit interesting characteristics that are different to those in the . disseminated sulphide deposit at Shakespeare. In the second h
Slide 19: Pillars of Our ESG Strategy
P I L L A R S O F O U R E S G S T R AT E G Y N i c ke l S u l p h i d e s - L o c a l S t a ke h o l d e r S u p p o r t C r i t i c a l M i n e ra l s f o r C l e a n E n e r g y The project has already established an Impacts and Benefits Agreement (IBA) with Sagamok Anishnawbek First Nations. Magn
Slide 20: Active ESG Initiatives
A C T I V E E S G I N I T I AT I V E S E n v i ro n m e n ta l Social Governance Site design priorities: minimal visibility from Integrate co-disposal system in final mine Agnew Lake & minimal noise emissions from Publish Annual ESG Scorecard design plant Incorporate BEVs in fleet, charged by hydro
Slide 21: 2021 Drill Program - Shakespeare
2021 DRILL PROGRAM- SHAKESPEARE Simplified Vertical Section 20 Looking NE Simplified Vertical Section 22 Looking NE Simplified Vertical Section 25 Looking NE (See longitudinal section for location) (See longitudinal section for location) (See longitudinal section for location) 20
Slide 22: Spanish River – A Past Producing Copper Mine
Spanish River – A Past Producing Copper Mine . 22 21