Harfang Exploration, Inc. · TSXV:HAR
Harfang Exploration — Investor Presentation (February 2021)
28 slides from Harfang Exploration's investor presentation, February 2021
Slide 1: An Active Player and Project Generator in James Bay
TSX.V: HAR AN ACTIVE PLAYER AND PROJECT GENERATOR IN JAMES BAY February 2021 WWW.HARFANGEXPLORATION.COM
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Certain statements contained in this presentation may be deemed "forward-looking statements“ within the meaning of applicable Canadian and U.S. securities laws. All statements in this presentation, other than statements of historical fact, that address future events, devel
Slide 3: A Junior on the Rise
A JUNIOR ON THE RISE MISSION Generating new gold districts in James Bay, Québec DEVELOPMENT MODEL Generation of new mining projects Advancing greenfield projects trough field investigation Partnerships on its properties EXCELLENT CASH POSITION 3
Slide 4: Well Financed and Strong Support
WELL FINANCED AND STRONG SUPPORT CAPITALIZATION OWNERSHIP Shares outstanding 62.8 million Retail 40% Warrants 13.3 million Québec institutional funds 30% Options 1.7 million Osisko Gold Royalties Ltd. 9.9% Fully diluted shares outstanding 77.8 million Close associates 14% Treasury (as of October 31,
Slide 5: Skilled Board of Directors & Management
SKILLED BOARD OF DIRECTORS & MANAGEMENT ANDRÉ GAUMOND, CHAIRMAN Director at Altius Minerals Corporation and Former President & CEO of Virginia Mines FRANÇOIS GOULET, P.GEO., MSC President & CEO JEAN-PIERRE JANSON, DIRECTOR Managing Director at Richardson GMP Limited and Chairman of the Board of Midl
Slide 6: Experienced & Field-Orientated Team
EXPERIENCED & FIELD-ORIENTATED TEAM HIGHLY EFFICIENT ON THE GROUND 6
Slide 7: Active Gold Projects in James Bay
ACTIVE GOLD PROJECTS IN JAMES BAY Close to significant gold discoveries Underexplored territory Located on key geological domains (greenstone belts, major tectonic boundaries) Good access & infrastructures Proven collaboration with local communities 7
Slide 8: 2021 Exploration Budget
2021 EXPLORATION BUDGET OUR MOST ACTIVE YEAR • Serpent Project (Winter 2021 : 1,515,000$) IP survey and Grid cutting (69 km) Drilling Campaign (4,000 m, approx. 30 DDH) • Serpent and other projects (Summer & Fall 2021 : 1,300,000$) • 2021 Total budget : 2.82 M$ First-ever drilling program by Har
Slide 9: Serpent Project
SERPENT PROJECT OUR FLAGSHIP ASSET 100% owned by Harfang, no NSR 845 claims (43,452 ha) located 80 km SE of Radisson, adjacent to the Billy-Diamond paved road Located 75 km northwest of Éléonore mine, adjacent to the La Grande-Opinaca contact Underexplored area prior to the creation of the p
Slide 10: Serpent Project: High Grade Gold Results
SERPENT PROJECT HIGH GRADE GOLD RESULTS 10 Background: Residual Magnetic Field from GDS survey (2019)
Slide 11: Serpent Project: Outstanding Gold-in-Till Anomaly
SERPENT PROJECT OUTSTANDING GOLD-IN-TILL ANOMALY (> 8 KM2) 222.58 g/t Au Vein • 30% of the samples inside the anomaly >50 gold grains (regional background: 3-5 gold grains) • Scheelite abundant locally (high W content) Quantity of gold grains after adjusting the table feed weights (fraction <2 mm) t
Slide 12: Serpent Project: High Ratios of Pristine Gold Grains in Till
SERPENT PROJECT HIGH RATIOS OF PRISTINE GOLD GRAINS IN TILL Pristine gold grains = Mineralized bedrock source likely proximal Gold in till sample E46238 12
Slide 13: Serpent Project: Multiple Visible Gold Occurrences in Rocks
SERPENT PROJECT MULTIPLE VISIBLE GOLD OCCURRENCES IN ROCKS Ana Sasquatch Area Sasquatch Area Gold Specks Visible gold in a quartz vein grading 222.58 g/t Au 13
Slide 14: Serpent Project: Extensive & High Gold Content in Soil
SERPENT PROJECT EXTENSIVE & HIGH GOLD CONTENT IN SOIL • Clusters A and B overlap the most gold-rich tills • Soil samples highlight new sectors with gold potentiel in bedrock; all gold clusters are south of the Stu structure 14
Slide 15: Serpent Project: Huge Quartz Veins Associated with Shear Zones
SERPENT PROJECT HUGE QUARTZ VEINS ASSOCIATED WITH SHEAR ZONES Deformation corridors (5-10 m wide and up to 350 m long) are found inside or on the edge of the differentiated ultramafic to mafic intrusion spatially associated with the gold-in-till anomaly Sasquatch Structure (N245°/85°) N E-W Shear
Slide 16: Serpent Project: Huge Quartz Veins Associated with Shear Zones
SERPENT PROJECT HUGE QUARTZ VEINS ASSOCIATED WITH SHEAR ZONES 24.91 g/t Au (boulder up-ice from TR-SER-20-005) Moby-Dick Structure (N245°/80°) 18.75 g/t Au over 0.55 m, 17.07 g/t over 0.35 m 7.78 g/t Au over 6.15 m, including 24.06 g/t Au and 8.95 g/t Au over 0.45 m (TR-SER-20-005) over 1.8 m and
Slide 17: Cu-Au-Ag Mineralization at Mista
SERPENT PROJECT CU-AU-AG (±BI±TE) MINERALIZATION AT MISTA The Mista corridor extends at least 350 m in a WNW-ESE direction Aerial view looking west 0.59% Cu, 0.25 g/t Au, 6.42 g/t Ag over 5.60 m (Channel) MAIN TRENCH 0.59% Cu, 0.21 g/t Au, 7.66 g/t Ag over 2.05 m (Channel) 0.99% Cu, 0.20 g/t Au, 7
Slide 18: New Geological Model
SERPENT PROJECT NEW GEOLOGICAL MODEL Discovery of major gold-bearing deformation corridors associated with a large differentiated ultramafic to dioritic intrusion Till Sample Gold Showing Mafic Dyke Swarm Ultramafic intrusion « The Snake » Tonalitic gneiss Rehausser les couleurs, je trouve ca fade D
Slide 19: Lake Ménarik & Ménarik East Projects
LAKE MÉNARIK & MÉNARIK EAST PROJECTS READY FOR PARTNERSHIP 100% owned by Harfang (2% NSR Osisko Gold Royalties on most claims on Lake Ménarik) Located 48 km SE of Radisson Lake Ménarik = 110 claims (5,653 ha) / Ménarik East = 64 claims (3,289 ha) 5 km from James Bay paved road, properties ac
Slide 20: Lake Ménarik Project: Abundant Gold Occurrences
LAKE MÉNARIK PROJECT ABUNDANT GOLD OCCURRENCES Very high-grade gold occurrences in quartz veins (up to 1,918 g/t Au) hosted in monzonite and adjacent volcano- sedimentary assemblage; higher gold grades in monzonite Gold commonly associated with high contents in Ag, Te and Bi, locally with Cu T
Slide 21: Lake Ménarik Project: Gold in and around the Monzonite Intrusion
LAKE MÉNARIK PROJECT GOLD IN AND AROUND THE MONZONITE INTRUSION Some of the best mineralized intervals (DDH and Trenches) DDH/Trench Intervals DDH-1404-03 0.89 g/t Au over 68.25 m (Pierre) DDH-1404-05 2.53 g/t Au over 4.72 m (Benoît) DDH-1404-17 0.76 g/t Au over 34.28 m; 0.75 g/t Au over 10.44 m (Pi
Slide 22: Lake Ménarik Project: Syenite and Orogenic Models
LAKE MÉNARIK PROJECT SYENITE AND OROGENIC MODELS Brecciated, chloritized and hematized monzonite (2.35 g/t Au over 5.09 m) [Pierre showing] Shear-hosted quartz veining at Gordie showing Polygenic conglomerate (Ekomiak Formation) with altered monzonite fragments 12.46 g/t Au and 25.5 g/t Ag over 3.60
Slide 23: Ménarik East Project
MÉNARIK EAST PROJECT CR-PGE & AU SHOWINGS IN AND AROUND THE MENARIK COMPLEX Calculated resources* in the Menarik layered ultramafic complex : 6.335 Mt @ 7.73% Cr2O3, 398 ppb Pd & 105 ppb Pt *Not compliant with NI 43-101 23
Slide 24: Bonfait and La Passe Projects
BONFAIT AND LA PASSE PROJECTS Rusty quartz veins in laminated wacke Located 90 km SE of Radisson and adjacent to Lake Sakami; Bonfait claims are 2 km south of the Transtaiga road and the La Grande-3 airport Bonfait (194 claims; 9,940 ha) and La Passe (80 claims; 4,117 ha) projects are 100% owned
Slide 25: Lake Fagnant Project
LAKE FAGNANT PROJECT 68 claims (3,352 ha) located 60 km east of Great Whale greenstone belt Kuujjuarapik and 160 km north of Radisson; Banded Iron Formation access by air transportation Sedimentary Rock Joint Venture between Harfang (40%), Basalt Kenorland Minerals Ltd. (40%) and Esker Gold show
Slide 26: Lake Fagnant Project: Gold and Polymetallic Showings
LAKE FAGNANT PROJECT GOLD AND POLYMETALLIC SHOWINGS Except for one mineralized site, all showings were discovered during historical exploration work (1997 to 2000) Field visit by Harfang and Kenorland in 2018 confirmed the high-grade gold and polymetallic mineralizations; discovery of one showin
Slide 27: Lake Aulneau Project
LAKE AULNEAU PROJECT A CU-NI-PGE RESOURCE IN THE LABRADOR TROUGH PROJECT SUMMARY 143 claims (6,720 ha); 125 km south of Kuujjuaq and 265 km NNW of Schefferville 100% Harfang; no NSR Access by air transportation 5 significant Cu-Ni-PGE prospects in the Labrador Trough Marymac II Marymac [
Slide 28: www.harfangexploration.com
TSX-V: HAR WWW.HARFANGEXPLORATION.COM For more information, please contact: François Goulet, P.Geo, M.Sc. President & CEO 514 627-1406 Email: fgoulet@harfangexploration.com 28 www.harfangexploration.com
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