Canterra Minerals · TSXV:CTM
Canterra Minerals — Investor Presentation (February 2024)
22 slides from Canterra Minerals's investor presentation, Feb 5, 2024
Slide 1: District Scale Critical Minerals Exploration
District Scale Critical Minerals Exploration Newfoundland, Canada Q1 2024 TSX.V: CTM OTCQB: CTMCF www.canterraminerals.com
Slide 2: Forward Looking Statements & Disclosures
Forward Looking Statements & Disclosures TSXV:CTM This presentation was prepared by management of Canterra Minerals Corporation (“Canterra” or the “Company”). The information contained in this presentation (a) is provided as at the date hereof, (b) does not purport to contain all the information tha
Slide 3: Resource Disclosures
Resource Disclosures Lundberg Mineral Resource Estimate is based on $20 US/t NSR cutoff from the technical report entitled “NI 43-101 Technical Report and Mineral Resource Estimate on the Lundberg Deposit, Buchans Area, Newfoundland and Labrador, Canada”, and dated April 15, 2019, was prepared by: M
Slide 4: Management and Board of Directors
Management and Board of Directors Chris Pennimpede, P.Geo Paul Moore, P.Geo, M.Sc Harry Chan, CPA, CGA CEO and Director VP Exploration CFO • 14 years of exploration experience • More than 30 years of exploration • 20 years experience in corporate • VP Corporate Development at experience focused in E
Slide 5: Capital Structure
Capital Structure 1 Basic Shares Outstanding Basic BasicShare ShareOwnership Ownership Canterra Shares Outstanding M 148.8 Shares Outstanding M 148.8 Partially Diluted Shares Outstanding Shares Outstanding M 148.8 Consideration Warrants 2 M 125.5 Partially Diluted Shares Outstanding M 274.3 Fully Di
Slide 6: Significant Resource Growth
Lundberg Lemarchant Boomerang Daniels Significant Resource Growth (1) Bobby's Pond Long Lake Domino Tulks Hill Tonnage – 26.7 Mt Contained Zinc – 1,749 M lbs Contained Copper – 297 M lbs Contained Zn Eq – 4,191 M lbs 48 419 212 583 1,441 341 138 8 158 18 17.2 254 666 42 386 920 Indicated Grades (2)
Slide 7: Comparable VMS Explorers and Developers
Comparable VMS Explorers and Developers Contained Tonnage (M&I – million tonnes) and Zinc Equivalent Grade (%) (1) 7.6% 17.2% 8.9% 6.7% 7.3% 39.1 Mt 35.7 Mt 11.9% 9.3% 22.8 Mt 23.4 Mt 18.9 Mt 10.3% 14.1 Mt 11.8% 11.2 Mt 9.6% 12.0% 10.9% 21.0% 4.7 Mt 5.9 Mt 0.9 Mt 3.4 Mt 3.8 Mt 2.7 Mt Spruce Wolfden
Slide 8: Consolidation of Resources in a Prolific Camp
Consolidation of Resources in a Prolific Camp TSXV:CTM • District scale land package of over 684 km2 • Road access, excellent Lundberg Deposit infrastructure, friendly (16Mt Zn-Cu) jurisdiction • 7 resource stage projects containing Zn, Cu, Pb, Au and Daniel’s Pond Ag (1.5Mt Zn) Bobby’s Pond Tulks H
Slide 9: Lemarchant
LEMARCHANT 9
Slide 10: Global Resources
Global Resources Contained Metal (1) Deposit Cut Off Grade Category Tonnes Au Ag Zn Pb Cu Zn Eq. Zinc Copper Precious Metals Zn Eq. (1) M g/t g/t % % % % M lbs M lbs Au Eq. oz M lbs Lemarchant (1) 4.0% ZnEq Indicated 2.4 1.2 64.0 6.2% 1.6% 0.7% 14.7% 328.1 36.3 151,840 783.8 Inferred 0.6 1.1 44.7 4.
Slide 11: Lemarchant Property
Lemarchant Property • Underlain by Tally Pond Group bimodal volcanics, host to several mineralized showings as well as the historic Duck Pond Mine • >50,000m (165 drill holes) drilled: • Main Zone Resource 100-250m deep 8.7m @ 23.8% ZnEq • NW Zone Resource 300-400m deep 1 • Significant intervals: •
Slide 12: Buchans
BUCHANS 12
Slide 13: Consolidation of Resources in a Prolific Camp
Consolidation of Resources in a Prolific Camp TSXV:CTM District scale land package of over 684 km2 Road access, excellent Lundberg Deposit infrastructure, friendly (16Mt Zn-Cu) jurisdiction 7 resource stage projects containing Zn, Cu, Pb, Au and Ag Daniel’s Pond (1.5Mt Zn) Bobby’s Pond Tulks Hill (2
Slide 14: Lundberg Resource
Lundberg Resource (3D oblique section view) Highlights Optimized pit Optimized • Substantial Metal Inventory NSR(US$/t) Pit Shell **Section line • Near-surface potential open pit $20-$30 US/t (white line) development $30-$40 US/t • Opportunities to expand resource include metal pricing & adjacent hi
Slide 15: Buchans Project – Geological Model
Buchans Project – Geological Model Target Mineralization in situ ore massive sulphides 1. In situ mineralization - massive (25-28% Zn-Pb-Cu) sulphides (48% of ore mined) 2. Transported mineralization - collapse of Lucky Strike in situ source and is an indication of nearby in situ source (adjacent ~4
Slide 16: Buchans Exploration
Buchans Exploration N Highlights 500 m • Substantial Metal Inventory Two Level • Near-surface BRLopen pit others potential (high-grade) others development • Opportunities to expand resource include metal pricing & adjacent high- grade mineralization • Two Level high grade zone open in multiple direc
Slide 17: Buchans – Lucky Strike – Two Level Target
Buchans – Lucky strike – Two level target New Year Orebody H-18-3524 Airport Thrust (Lucky Strike) Prom. Qtz Rhy./ tuffs qtz rhyolite basalt tuffs SH Two Level Orebody diabase 0.9 m baritic mass. sulphs (no assays) 0.15 m HG mass. sulphs (no assays) stockwork upper basalt - SH lower (28.2% BM / 0.46
Slide 18: Buchans Project – Undeveloped and Historical Deposits
Buchans Project – Undeveloped and Historical Deposits Middle Branch Two Level Historical Intercept Intersections Buchans North (in situ) - 1.8 m - 0.4% Cu, 3.1% Pb, 4.8% -1.8 m @ 9.48% CBM - 0.76% Cu, 3.15% Intersections Zn, 48 g/t Ag & 0.7 g/t Au Pb, 5.57% Zn, 90.5 g/t Ag & 0.37 g/t Au - 0.3m @15.5
Slide 19: Big Data Mining – Exploring for New High-Grade Deposits
Big Data Mining – Exploring for New High-Grade Deposits • ~3500 Holes – 395,000 m of historical drilling • 188 holes (~40,250m) drilled since 2007 • ~190,000m of core relogged across 935 holes between 2013- 2022 Buchans Core Library – core dating back ASARCO Archive – 2800 Scans to the 1920s TSX.V:
Slide 20: Timelines & Catalysts
Timelines & Catalysts • Evaluate drilling results at Lemarchant • Gravity survey at • Drilling at Buchans Lemarchant • Modelling and drill targeting at Buchans Q4 2023 Q1 2024 Q1 2024 Q3 2024 • Close acquisition of • 2,500 meters of Buchans drilling for high- • Integrate Buchans grade Zn and Cu at d
Slide 21: Appendix
Appendix 21
Slide 22: Wilding Gold Summary of Drilling to Date
Wilding: Wilding Gold Summary Project of Drilling to Date Soil targets along VLSZ Target Zone Metres Holes Elm 1,808 22 Elm Alder 1,032 9 5m @ 10 g/t 0.5m @ 40 g/t Red Ochre 3,053 18 Dogberry 839 7 VLSZ (North) 2,000 8 Alder West Wilding 1,805 9 Other 2,068 11 Dogberry Total 12,605 83 1m @ 88 g/t We
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