Metals Creek Resources Corp. · TSXV:MEK
Metals Creek Resources — Investor Presentation (February 2022)
41 slides from Metals Creek Resources's investor presentation, February 2022
Slide 1: Finding Gold in the Shadow of Headframes at Two Flagship Projects
Finding Gold in the Shadow of Headframes at Two Flagship projects Dona Lake Gold Project
Slide 2: 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 3: TSX.V: MEK
TSX.V: MEK www.metalscreek.com 3
Slide 4: MEK's 2nd option agreement with Newmont
MEK’s 2nd option agreement with Newmont • Option Agreement with Newmont • Metals Creek can earn 100% • MEK issue 7,000,000 shares and spend $4 million over 3 years (June 2022) • Newmont has the right to participate in future MEK financings for up to 19.9% • Newmont has a one time back-in 51/49 Newmo
Slide 5: Metals Creek recently completed drill program
Metals Creek recently completed drill program • Twenty Three Drillholes completed by MEK to date • DL20-002 hit 8.37 g/t over 3.19 meters confirming gold mineralization outside previously mined out area. • DL20-003 (Deep Hole) hit 8 g/t over 7 meters confirming gold mineralization continues below lo
Slide 6: TSX.V: MEK
TSX.V: MEK www.metalscreek.com 6
Slide 7: Dona Lake drill hole map
teers 11.88g/t Au over 2.70m and 4.11g/t Au over 2.00m 5,701,000 mN, =< 2.35g/t Au over 4.10m incl. 4.11g/t Au over 2.00m 1.37g/t Au over 1.50m and 2.76g/t Au over 0.80m and 3.59g/t Au over 1.00m 2.62g/t Au over 3.10m and 5.25g/t Au over 1.80m 1.37g/t Au over 1.50m and f ] , 2.76g/t Au over 0.80m an
Slide 8: TSX.V: MEK
TSX.V: MEK www.metalscreek.com 8
Slide 9: TSX.V: MEK
TSX.V: MEK www.metalscreek.com 9
Slide 10: TSX.V: MEK
TSX.V: MEK www.metalscreek.com 10
Slide 11: TSX.V: MEK
TSX.V: MEK www.metalscreek.com 11
Slide 12: Note: Assays cut to g/t
Note: ASSAYS CUT TO 20 G/T ALL INTERSECTIONS REPORT AU GRADES TSX.V: MEK www.metalscreek.com 12
Slide 13: Drill Results To Date By MEK
Drill Results To Date By MEK Drill Hole Meters From Meters to Gold g/t Total Meters DL-20-001 137.00 153.00 0.74 16.00 Including 139.00 140.00 4.53 1.00 DL-20-002 254.85 269.20 2.43 14.35 including 254.85 260.00 5.67 5.15 Including 255.85 259.00 8.45 3.15 and 278.60 287.80 2.34 9.20 Including 286.70
Slide 14: TSX.V: MEK
TSX.V: MEK www.metalscreek.com 14
Slide 15: Dona Lake DL20-006
Dona Lake DL20-006 Two 0.5mm flakes of gold in association with amphiboles (actinolite), with magnetite-chert-amphibolite-pyrrhotite iron formation. Sample DL20-006-027 – 6.17 g/t Gold over 1 meter VG TSX.V: MEK www.metalscreek.com
Slide 16: Dona Lake DL20-006
Dona Lake DL20-006 VG TSX.V: MEK www.metalscreek.com www.metalscreek.com
Slide 17: Dona Lake DL20-004
Dona Lake DL20-004 TSX.V: MEK www.metalscreek.com www.metalscreek.com
Slide 18: Dona Lake DL20-004
Dona Lake DL20-004 TSX.V: MEK www.metalscreek.com www.metalscreek.com
Slide 19: Gold Deposits in Banded Iron Formations
GOLD DEPOSITS IN BANDED IRON FORMATIONS DONA LAKE MINE CENTRAL PATRICIA MINE MUSSELWHITE MINE HOMESTAKE MINE HARDROCK DEPOSIT PICKLE LAKE, ON PICKLE LAKE, ON NORTHERN ON SOUTH DAKOTA GERALDTON, ON Surface : an “5 gl See 1000m J eins: = | 1000m. | OPEN | DOWN sooum PLUNGE Produced 0.62M oz Au 1) 2000
Slide 20: TSX.V: MEK
TSX.V: MEK www.metalscreek.com 20
Slide 21: Dona Lake Highlights
Dona Lake Highlights • Similar Geology (Banded Iron Formation) to Musselwhite Mine which has produced greater than 4 million ozs gold • Two subparallel gold zones approximately 25m apart (B-zone and Main) • Produced 246,500 ozs gold (Gold was approx $325) • Main zone mined to the 455 level or 455m v
Slide 22: Dona Lake Data
Dona Lake Data • The Corporation cautions that historical data quoted in the Dona Lake presentation has not been verified or validated TSX.V: MEK www.metalscreek.com 22
Slide 23: Ogden Gold Project, Timmins Gold Camp Ontario
Ogden Gold Project, Timmins Gold Camp Ontario
Slide 24: Timmins Gold Camp Mineralized Trend
Timmins Gold Camp Mineralized trend
Slide 25: Ogden Gold Project – 50/50 JV with Newmont
Ogden Gold Project – 50/50 JV with Newmont Metals Creeks 2nd 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
Slide 26: Ogden Gold Project – Gold Zones
Ogden Gold Project – Gold Zones
Slide 27: Thomas Ogden West – December 2017 Drilling
METALS CREEK RESOURCES THOMAS OGDEN WEST— DECEMBER 2017 DRILLING OG17-001 0.24g/t Au over 17,.00m 0G 12-001 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 ov
Slide 28: 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 29: Schematic Long-Section
Ne oGi2-001 8.284/t Au aver 0.59m amet ~ 200m el =~ THOMAS 017-001 0.24/¢ Au over 17.00m 1.78g/t Au over 450m TO62I-65A 9.200/t Au over 47m METERS Twoe0g 2.00g/¢ Au over 3.151 SoHANOMALY 200m e! va SMOGIAS CODEN CTRATORAPIT METALS CREEK SCHEMATIC LONG-SECTION RESOURCES
Slide 30: 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 31: 2021 Drilling Utilizing Oriented Core
2021 Drilling Utilizing Oriented Core
Slide 32: TQG-21-65A: VG-bearing Zone (350.6 to 352.25m)
METALS CREEK TQG-21-65A: VG-bearing Zone (350.6 to 352.25m) General 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 within, nar
Slide 33: METALS CREE!
P METALS CREE! RESOURCES 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 felsite brassy pyrite along the boundarie
Slide 34: METALS CREE!
P METALS CREE! RESOURCES 7:3 174 175 17.177 178 179 180 12 eyreeees fe 354.4m Fine-grained VG within blebby white quartz- carbonate veining, along its contact with altered felsite host rock (note: photo taken of side of core that faces into box) s 4 ae ~352m: Fine-grained VG “floating” within clear/
Slide 35: Visible Gold in Core
Visible Gold in Core METALS CREEK
Slide 36: Visible Gold in Core
AY. Visible Gold in Core METALS CREEK RESOURCES
Slide 37: 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 38: Naybob South Longsection
LX”. METALS CREEK RESOURCES Naybob South Longsection w 300 mN 200 mN Osa 100 mN —omN 100 mN Naybob South Gold Mineralization Grade x Thickness
Slide 39: Thomas Ogden West to South Zone Schematic Longitudinal Section
LX” METALS CREEK RESOURCES 4.96 g/t Au / 3.97 210.19g/t Au (uncut) / 12.53m 2.24g/t Au/ 1.80 2.39g/t Au / 2.15m 6.22g/t Au / 6.63m 9.24g/t Au / 6.6m, 8.28g/t Au/ 059m 17ag/t Au / 450m 2.38g/t Au /5.19m, 1.90g/t Au {2.00m THOMAS OGDEN AREA —— SOUTH ZONE P ‘ Schematic Longitudinal Section P| Thomas Og
Slide 40: Schematic Longsection
METALS CREEK TIMMINS WEST DEPOSIT THUNDER CREEK DISCOVERY THOMAS OGDEN ZONE BUFFALO-ANKERITE Schematic Longsection PAYMASTER MINE j CQ ORS g a SA @ Ogden Property a os S (Western Extent) Ogden Property (Eastern Extent)
Slide 41: Key Points about MEK Gold Projects
Key Points about MEK Gold Projects Location ! Location ! Location ! - Located in the Prolific Timmins Gold Camp and Pickle lake area - Can earn 100% interest on Dona Lake - 50/50 Joint Venture with Goldcorp, MEK is the operator and sets the budget on Ogden - High grade gold over wide widths - Near e
Metals Creek Resources — Investor Presentation (February 2022) on 6ix