Metals Creek Resources Corp. · TSXV:MEK
Metals Creek Resources — Investor Presentation (December 2023)
36 slides from Metals Creek Resources's investor presentation, December 2023
Slide 1: Ogden and Shabaqua Corners Gold Projects
Ogden and Shabaqua Corners Gold Projects
Slide 2: Shabaqua Corners Gold Project
Shabaqua Corners Gold Project
Slide 3: Forward-Looking Statements
Forward-Looking Statements – Certain statements included in this and unexpected problems during the development, construction and presentation are forward-looking statements which are made pursuant to start-up phases of the underground mine. For a more comprehensive the “safe harbor” provisions of t
Slide 4: Shabaqua Corners Gold Project
Shabaqua Corners Gold Project Recently acquired 2023 Located approximately 52 kms west of Thunder Bay Along the same trend as Deltas’ New Eureka Discovery Initial round of prospecting yielded up to 45 g/t Gold in grab samples from Main Zone Claims adjoining Delta’s Eureka Property on MEK’s Eastern B
Slide 5: Shabaqua Corners Gold Project cont'd
Shabaqua Corners Gold Project cont’d Recently discovered Western Shear Zone (WSZ) 950 meters west of Main Zone returned 18.5 g/t Gold Additional new zone 205 meters west of Main Zone and 150 meters south of Echo with grabs samples up to 50.1 g/t Gold Multiple new zones discovered showing how vastly
Slide 6: Shabaqua Corners Gold Project
SHABAQUA CORNERS GOLD PROJECT CITY OF THUNDER BAY , awe H QUETICO SUBPROVINCE Pistol Lake Au Zone b) < “ Bandore Au Deposits [AS SHABAQUA CORNERS GOLD PROJECT e LK”. hs _ METALS CREEK “¢|L eS c= RESOURCES jag o-S° = = es RUUTTIELETS ~ WAWA SUBPROVINCE
Slide 7: Shabaqua Corners Sampling
/ yh Fg BAQUA CORNER SAMPLING (3456/4 0002) U Ny uae i jo.sog/t | /f OrtPert += NEW DISCOVERY ECHO ZONE Sediments’ Era ies Volcanics KY. — — = Zone of intense pervasive —_ =. carbonate alteration METALS CREEK RESOURCES @ June release grab samples TSX-V: MEK 50 & May 25th release grab samples meters
Slide 8: Shabaqua Corners Sampling
j ) SHABAQUA GORNER SAMPLING) = ,* Sedinidhise: _ NEW DISCOVERY si EAST ZONE 46 GODIGAGHE WAIN ZONE MONS SS eh shun (50/531 “= S@OUT\F ZONE Volcanics LX” METALS CREEK RESOURCES TSX-V: MEK
Slide 9: Trenching Results
TRENCH 2-9 3B Gire,oun GORNER CON i. ne pe Oe) ctAu Nyt is 40g i Au NTRENGHING RESUS , “Nee bie / i ae ‘ j ¥ p Pl — ~ »» ON ery | A NEW DISCOVERY Ht, iy a ECHO ZONE Ba ee ) tf f Aes he Au y, ‘ Sediments", . ” , MAIN ZONE : 2g UAW, Hing eaten » 10.208/t Au »” 6. 56a Au], 0,90m (048) AU 18.70m Bon dps
Slide 10: Shabaqua Corners and Delta Resources Drilling
288200 mE 280,005 NE 205 200 me 231,003 me T T q SHABAQUA CORNERS GOLD PROJECT \ Delta Resources x *DL-22-22 drilled 2.74g/t Au / 6.00m 1 ECHO ZONE j “ae Channeling of go 1.04g/t Au /18.70m Delta Resources—Eureka Zone & grabs to 18.40g/t Au 7 * DL-22-18 drilled 5.929/t Au /31.00m MEK GROUND Delta Re
Slide 11: Neighbouring Drill Results and Sources
Sources: *Delta Resources website ** Mistango River Resources website *** Assessment report 2000019006 Mistango River Resources **GLD-009 drilled 2.03g/t Au /4.90m Mistango River Resources Delta Resources . **GLD-07-18 drilled 2.03g/t Au / 9.70m *DL-22-22 drilled 2.74g/t Au / 6.00m ' “> ita fE _ 14
Slide 12: Untested Soil Anomalies
Bg me coco ws cnc toom suc -W UNTESTED AU-IN-SOIL ANOMALIES ‘WESTERN SHEAR ZONE Grabs to 18.5g/t Au METALS CREEK RESOURCES TSX-V: MEK SHABAQUA CORNERS GOLD PROJECT UNTESTED SOIL ANOMALIES MAIN ZONE Grabs to 54.4g/t Au P oe Grabs to 1.01g/t Au 2 i) 500 ee meters = | EAST ZONE Grabs to 4.2g/t Au ‘ Gra
Slide 13: Main Zone grab sample 42.8 g/t Gold
Main Zone grab sample 42.8 g/t Gold
Slide 14: Echo South grab sample 50.1 g/t Gold
Echo South grab sample 50.1 g/t Gold
Slide 15: Mineralized Echo Qtz-Carb Stockwork
Mineralized Echo Qtz-Carb Stockwork
Slide 16: Work to Date
Work to Date First piece of ground was acquired in Feb 2023 Work in 2023 has produced 150 grab samples by means of prospecting 116 soils collected resulting in numerous anomalies (highest is 715ppb Au at Western Shear Zone) Mechanical stripping resulted in 2 new discoveries to date (Echo South 50.1g
Slide 17: Similar Characteristics to Deltas' Eureka Property
Similar Characteristics to Deltas’ Eureka Property Quartz-Carbonate stockwork with multiple generations of veins Strong correlation to golds grades with increased vein density Gold Mineralization hosted within pervasive carbonatization halo ranging 50-100m in width Gold mineralization at or near sed
Slide 18: Ogden Gold Project, Timmins Gold Camp Ontario
Ogden Gold Project, Timmins Gold Camp Ontario
Slide 19: Timmins Gold Camp Mineralized trend
Timmins Gold Camp Mineralized trend
Slide 20: Ogden Gold Project – 50/50 JV with Newmont
Ogden Gold Project – 50/50 JV with Newmont Metals Creeks Flagship Property. Drilling in the shadow of the Head Frames in Canada’s most prolific Gold Camp Metals Creek have formed a 50/50 joint venture with Newmont, MEK is operator Over 8km of strike length of the Porcupine-Destor Break, the key cond
Slide 21: Ogden Gold Project – Gold Zones
Ogden Gold Project – Gold Zones
Slide 22: Thomas Ogden West – December 2017 Drilling
METALS CREEK RESOURCES THOMAS OGDEN WEST— DECEMBER 2017 DRILLING OG17-001 0.24g/t Au over 17,.00m 0G12-001 8.28g/t Au over 0.59m IP CONDUCTOR OG17-002 3.07g/t Au over 8.22m Incl. 4,.96g/t Au over 3.97m iP CONDUCTOR TOG-17-60 8,37g/t Au over 2.00m And 1,21 g/t Au over 24.80m including 2.19 g/t Au ove
Slide 23: Thomas Ogden Zone
Thomas Ogden Zone MEK results from drilling 210.19 g/t Au over 12.53 m, including 2732.6 g/t (2.73 kg) over 0.93 m 49.96 g/t Au over 9m April 2013 1.94g/t over 94m February 2012 2.20 g/t Au over 75.85m including 5.26g/t over 23.4 m Recent step out drilling 480m west of TOZ hit 5.06g/t over 2.6 meter
Slide 24: DeSantis Mine Schematic Long-Section
METALS CREEK 4 _ DeSantis Mine ee TW04-01 e azsia ® = ‘ y » 2.14g/t Au over 1.80m X v7. \ 200m el oe 706-1758 0617-002 “~ 4.96¢/t Au over 3.97m Om el = Onl ~~: 0617-001 2.14g/t Au over 2.58m ’ s Two4-11 0.24g/t Au over 17.00m 06-17-60 0616-040 ~ INO 1.78g/t Au over 4.50m Baia, cxomee ees Nee a __ OE
Slide 25: Highlights 2012/13 Drilling
Highlights 2012/13 Drilling Drill Hole Number Meters From Meters to Total Meters Gold g/t (Grammes per tonne) TOG 11-11 78.00 172.00 94.00 1.94 TOG 12-03 90.50 118.00 27.50 1.14 and 148.00 171.30 23.30 5.73 TOG 12-05 141.30 185.00 43.70 2.34 including 170.00 185.00 15.00 5.04 TOG 12-06 146.60 162.87
Slide 26: 2021 Drilling Utilizing Oriented Core
2021 Drilling Utilizing Oriented Core
Slide 27: TOG-21-65A: VG-bearing Zone
METALS CREEK TOG-21-65A: VG-bearing Zone (350.6 to 352.25m) ve Sn capa aa aS en A total of 30 clusters of visible gold were observed between 350.62 and 352.25m (red-outlined area, as shown above). Specks and blebs of gold vary in coarseness between <0.25 and 3mm, mainly occurring tangentially to, or
Slide 28: Close-ups of VG-bearing Zone
LX”. METALS CREEK RESOURCES te ae Easies of VG-bearing Zone 350.63m: 3mm by 1mm wide VG wisp/band ~352.2m: very fine- to fine-grained VG observed in tangential to a flat-lying veinlet composed of pale close proximity to very fine-grained seams of grey/transiucent quartz, hosted within altered felsit
Slide 29: Visible Gold in Quartz-Carbonate Veinlets
LX”. METALS CREEK RESOURCES ~352m: Fine-grained VG “floating” within clearAvhite quartz-carbonate veiniet. VG- bearing veiniet appears to crosscut narrow white quartz-carbonate extensional stringer with small clots of dark green chlorite. 351.4m: Fine-grained VG within biebby white quartz- carbonate
Slide 30: Visible Gold in Core
Visible Gold in Core METALS CREEK
Slide 31: Visible Gold in Core
AY. Visible Gold in Core METALS CREEK RESOURCES
Slide 32: Naybob South Zone
Naybob South Zone Historic Results 6.33 g/t Au over 5.37m 11.85 g/t Au over 1.83m MEK recent drill results 9.24 g/t Au over 6.61m 6.22 g/t Au over 6.63m Press released January 10. 2012 ▪ all with visible gold at less than 100 meters vertical depth. ▪ close to existing infrastructure.
Slide 33: Naybob South Longsection
LX”. METALS CREEK RESOURCES Naybob South Longsection Ww 100 mN —OomN 100 mN Naybob South Gold Mineralization Grade x Thickness
Slide 34: Thomas Ogden Area and South Zone
TRO METALS CREEK RESOURCES 9.2ag/t Au / 6.61m 2.14g/t Au / 1.80m 2.39g/t Au /2.15m 6.22g/t Au / 663m ———————— ES 8.28g/t Au /0.59m aed 1.7ag/t Au / 450m 2.38g/t Au /5.19m . 1.90g/t ‘a {2.00m THOMAS OGDEN AREA a ee SOUTH ZONE kilometers
Slide 35: Schematic Longsection
Schematic Longsection METALS CREEK BUFFALO-ANKERITE TIMMINS WEST PAYMASTER MINE DEPOSIT THUNDER CREEK DISCOVERY NAYBOB MINE THOMAS OGDEN ZONE THOMAS OGDEN ZONE j CO re RS ae ¢ Ogden Property ¢- “A { (Western Extent) ‘= Ld Ogden Property (Eastern Extent)
Slide 36: Location! Location! Location!
Key Points about MEK Gold Projects Location ! Location ! Location ! - Located in the Prolific Timmins Gold Camp - 50/50 Joint Venture with Goldcorp, MEK is the operator and sets the budget on Ogden - High grade gold over wide widths - Near existing infrastructure - Shabaqua Corners Project along tre
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