Maple Gold Mines Ltd · TSXV:MGM
Maple Gold Mines — Investor Presentation (March 2022)
30 slides from Maple Gold Mines's investor presentation, March 2022
Slide 1: Corporate Presentation March 2022
CORPORATE PRESENTATION MARCH 2022
Slide 2: Disclaimer
DISCLAIMER Cautionary Notes Regarding Forward-Looking Statements This Corporate Presentation (“Presentation”) includes “forward-looking information” and “forward-looking statements” (collectively referred to as “forward-looking statements”) within the meaning of applicable Canadian securities legisl
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS Established/Growing Gold Led by experienced mining, Strong Strategic and Located in Quebec’s Prolific Strategic & JV Partnership Robust Balance Sheet Resource and High-Grade exploration, and capital Institutional Shareholders Abitibi Greenstone Belt with a Top Tier Gold Produce
Slide 4: The Canadian Hub for Mining
THE CANADIAN HUB FOR MINING The Abitibi gold belt stretches from Wawa, Ontario to Chibougamau, Quebec – two of Canada’s top mining jurisdictions and a hotbed for M&A activity MAPLE GOLD Quebec is consistently ranked as a top 10 mining jurisdiction in the world (Fraser Institute) Exploration tax-ince
Slide 5: Recent M&A Activity Focused on the Abitibi Gold Belt
RECENT M&A ACTIVITY FOCUSED ON THE ABITIBI GOLD BELT The Abitibi region has produced over C$26B in M&A activity since 2013 2014 2014 2015 2015 2016 2017 $3.9B $524M $182M $526M $907M $928M Yamana Gold Osisko Gold Kirkland Lake Goldcorp Tahoe Resources Alamos Gold (50%) and Agnico Royalties acquires
Slide 6: Largest Abitibi Gold Mines
LARGEST ABITIBI GOLD MINES 2021 Gold Production (ounces) 800,000 714,784 oz 712,824 oz 700,000 600,000 500,000 (50%) 400,000 379,734 oz (50%) 300,000 287,000 oz 210,192 oz 195,000 oz 200,000 153,201 oz 134,510 oz 134,053 oz 133,800 oz 100,000 0 Canadian Detour Lake LaRonde Porcupine + Macassa Young-
Slide 7: Strategically Located District-Scale Land Position
STRATEGICALLY LOCATED DISTRICT-SCALE LAND POSITION Blue ellipses highlight key synergies between Agnico and Kirkland Lake assets/operations Gold ellipse is Maple Gold’s Douay-Joutel- Eagle 400 km² property package Established and growing 3.03 Moz gold resource at Douay (50/50) High-grade his
Slide 8: District-Scale Mineralization Footprint at Douay
DISTRICT-SCALE MINERALIZATION FOOTPRINT AT DOUAY Similar mineralization footprint to the two largest mines in the Abitibi Douay remains underexplored vs. Canadian Malartic and Detour Lake 55km of strike along the Casa Berardi Deformation Zone Significant exploration upside Disclaimer: Minera
Slide 9: Exceptional Infrastructure Access
EXCEPTIONAL INFRASTRUCTURE ACCESS 2.5-hour drive north of Val d’Or, Quebec along paved 2-lane provincial highway (Hwy #109), which runs through the property Next to 1 of 6 major power lines in Douay Resource 3.03M oz Au* the province 55 km SW of Matagami with skilled labour, local airport and
Slide 10: Strong Partnership with Agnico Eagle
STRONG PARTNERSHIP WITH AGNICO EAGLE CANADA’S LEADING GOLD PRODUCER & 3rd LARGEST GOLD PRODUCER WORLDWIDE. Takes extremely conservative and measured approach to investments and asset acquisition. 50-50 JV Agreement signed February 2021: Agnico funding C$18.25M in exploration over 4 years (2021
Slide 11: Douay Gold Project – Overview
DOUAY GOLD PROJECT – OVERVIEW DOUAY GOLD PROJECT (50%) One of the Largest Undeveloped Gold Resources in Quebec Indicated: 10.0 Mt @ 1.59 g/t Au for 511 Koz Au Inferred: 76.7 Mt @ 1.02 g/t Au for 2.53 Moz Au Major resource expansion and new discovery potential across 357 km2 property package - virtua
Slide 12: Douay 2022 Mineral Resource Estimate (MRE) Summary
DOUAY 2022 MINERAL RESOURCE ESTIMATE (MRE) SUMMARY Pit-Constrained & Underground Mineral Resource Estimate (SLR 2022) Pit-constrained Indicated Resource increased 21% compared to the Tonnes Grade Contained Metal RPA 2019 MRE* to 511,000 oz at an average grade of 1.59 g/t Au Resource Category (Mt)
Slide 13: Oblique View of 2022 SLR Pits, Resource Blocks and Recent Drilling
OBLIQUE VIEW OF 2022 SLR PITS, RESOURCE BLOCKS AND RECENT DRILLING Targeted infill drilling demonstrates 531 Zone Maiden Indicated Resource: the potential for future resource 58,000 oz @ 2.85 g/t Au conversion and continues to de-risk the Douay deposit Nika Zone ~6,200 m of additional drilling h
Slide 14: Douay Expansion Potential at Depth Compared to Canadian Malartic
DOUAY EXPANSION POTENTIAL AT DEPTH COMPARED TO CANADIAN MALARTIC The Douay-Joutel JV is based on the Canadian Malartic JV Partnership Canadian Malartic is now Canada’s largest gold mine NW-SE vertical longitudinal section (all zones) showing distribution of below-pit-shell underground blocks >1.15 g
Slide 15: Agnico Eagle's 1st Gold Mine: Joutel Mine Complex (1974-1993)
AGNICO EAGLE’S 1ST GOLD MINE: JOUTEL MINE COMPLEX (1974-1993) Joutel Mine Site Entrance Telbel Headframe Eagle Mine Mill Complex Note: Historical photos. All surface infrastructure has been reclaimed. PAGE 15
Slide 16: History of the Joutel Mine Complex
HISTORY OF THE JOUTEL MINE COMPLEX USD Gold Price Chart with Key Events MGM commences Phase I $2,250 drill program at Eagle MGM-AEM complete 50/50 JV on Douay/Joutel Gold Projects $2,000 Globex drills 12.4 m @ 2.9 g/t Au, including 4.8 m @ 5.4 ??? g/t Au (EM-14-001) at Eagle $1,750 $1,500 AEM drills
Slide 17: Joutel/Eagle: A Historic Mine Trend with High-Grade Upside
JOUTEL/EAGLE: A HISTORIC MINE TREND WITH HIGH-GRADE UPSIDE JOUTEL PROJECT JOUTEL (50%), GOLD EAGLE PROJECT PROJECT (50%) (100%) Hosts Agnico’s former Joutel Mining Complex Past production of 6.2 Mt at 6.5 g/t Au for total of 1.15 Moz gold* Mined from 1974 to 1993 (closed when gold price was ~$360/oz
Slide 18: Eagle-Telbel Long Section Shows Significant Drilling Gaps
EAGLE-TELBEL LONG SECTION SHOWS SIGNIFICANT DRILLING GAPS HOLE E-15 (SEE SLIDE 20) A High-Grade Restart Opportunity with Excellent Near-Mine Expansion Potential PAGE 18
Slide 19: Phase I Drill Program Underway at Eagle
PHASE I DRILL PROGRAM UNDERWAY AT EAGLE Lateral and depth extensions at Eagle both show significant potential Potential parallel mineralization shoot to the NW of mined out stopes at Eagle Exploration will target undrilled areas with grade and volume potential ~5,000 m Phase I program in Q1
Slide 20: High-Grade Mineralization Beyond the Main Mine Trend at Eagle
HIGH-GRADE MINERALIZATION BEYOND THE MAIN MINE TREND AT EAGLE Maple Gold has reviewed all of the historical drilling logs at Eagle Drill core samples were sent to the lab based on visual observations and often only assayed for gold due to higher cut-off grades in a lower gold price environment (
Slide 21: Capital Structure, Financial Position and Ownership
CAPITAL STRUCTURE, FINANCIAL POSITION AND OWNERSHIP As of March 25, 2022 Share Ownership Mix Shares Outstanding 335.4M 2.7% Warrants (~45% Agnico)1 56.9M 12.1% Options2 25.5M Management/Insiders/Closely Related Fully Diluted3 424.3M 44.2% Agnico Eagle Mines 52-week high/low share price $0.49-$0.24 M
Slide 22: Key Management & Advisors
KEY MANAGEMENT & ADVISORS Matthew Hornor Joness Lang Kiran Patankar Fred Speidel David Broughton President & CEO Executive VP SVP Growth Strategy VP Exploration Technical Advisor Extensive expertise in B.Com/Finance background 15 years of senior experience 30+ years exploration Former Exec
Slide 23: Board of Directors
BOARD OF DIRECTORS Michelle Roth Matthew Hornor Gérald Riverin Maurice Tagami Sean Charland Chairperson President & CEO, Director Director & Technical Advisor Director & Technical Advisor Director • Entrepreneur and business • Extensive expertise in • Internationally renowned • Technical Ambassador
Slide 24: The Maple Gold Value Stack
THE MAPLE GOLD VALUE STACK C$21.9M IN CASH (AS OF DECEMBER 31, 2021) C$21M IN POTENTIAL WARRANT PROCEEDS C$18.25M IN JOINT VENTURE FUNDING FROM AGNICO EAGLE (2021-2024) C$117M C$40M IN BUY BACK PROVISIONS TIED TO MAPLE GOLD’S 2% NSR AT DOUAY C$150M IN DRILLING REPLACEMENT COSTS (250,000+ M
Slide 25: Recent Milestones & Upcoming Catalysts
RECENT MILESTONES & UPCOMING CATALYSTS 2021 H1/2022 Signed Definitive JV Agreement with Agnico Eagle Delivered Updated NI-43-101 Mineral Resource Estimate Initial JV drill program returned 3 of top 5 intercepts ever reported at Douay Results from Fall 2021 drill campaign at Douay Major dig
Slide 26: Contact Information
CONTACT INFORMATION SUITE 600 1111 WEST HASTINGS STREET VANCOUVER, BC V6E 2J3 CANADA PHONE: +1 (647) 265.8688 EMAIL: INFO@MAPLEGOLDMINES.COM Douay headframe at night – October 2021
Slide 27: Appendix
APPENDIX Maria Sokolov (Senior Exploration Geologist) and Fred Speidel (VP Exploration) – October 2021
Slide 28: Douay 2022 Mineral Resource Estimate (MRE) Additional Information
DOUAY 2022 MINERAL RESOURCE ESTIMATE (MRE) ADDITIONAL INFORMATION Douay Pit-Constrained & Underground Resource Summary by Zone Douay Pit-Constrained Indicated & Inferred Resource Sensitivity Table Tonnes Grade Contained Metal Indicated Mineral Resources Inferred Mineral Resources Resource Category D
Slide 29: Increasing Hit Rate at Douay
INCREASING HIT RATE AT DOUAY TOP 20 DRILL HITS AT THE DOUAY GOLD PROJECT TO-DATE 4KM ACCESS ROAD TO HWY 109 (5 OF TOP 10 DRILL HITS DELIVERED BY MAPLE GOLD EXPLORATION TEAM) Rank Hole Year Length Area From To Interval Au g/t Accum 1 DO-05-04 2005 213.0 Porphyry 201 201.5 0.5 2888.0 1444.0 2 DO-21-29
Slide 30: Thank You
THANK YOU Northern Lights over Douay camp – October 2021
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