Storm Exploration Inc · TSXV:STRM
Storm Exploration — Lithoquest Resources — Investor Presentation (February 2022)
19 slides from Storm Exploration's investor presentation, February 2022
Slide 1: Exploring for High-Grade Gold in Northwestern Ontario
TSX-V: LDI Exploring for High-Grade Gold in Northwestern Ontario February 2022
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation may contain “forward-looking statements.” These forward-looking statements are made as of the date of the PowerPoint presentation and Lithoquest Resources Inc. (“Lithoquest”) does not intend, and does not assume any obligation, to update these forward- lo
Slide 3: The Value Proposition
The Value Proposition • Three district scale gold projects in a tier 1 jurisdiction: NW Ontario, Canada • Extensive drill-confirmed, high-grade gold in banded iron formation (“BIF”) with geological similarities to known economic deposits • Internationally recognized technical & capital markets team
Slide 4: Corporate Structure
Corporate Structure SHARE STRUCTURE MAJOR SHAREHOLDERS Shares Outstanding 95,243,974 Institutions 27% Warrants (w.a. $0.14) 12,822,800 Retail 40% Options (w.a. $0.19) 8,860,000 Shares Price $0.10 HNW / Family Market Cap $10.0M Office 23% Management/ Advisors 10% Cash* $1.26M *As at 30-Sep-2021 Medal
Slide 5: Experienced Leadership
Experienced Leadership Management & Directors Bruce Counts: President, CEO & Director Dwight Walker: CFO & Corporate Secretary Lon Shaver: Director Michael Sweatman: Director Joanne Price: Director Advisors & Consultants Harvey Yesno (fmr Chief): First Nations Advisor Dr. Rob Carpenter: Technical Ad
Slide 6: Responsible ESG
Responsible ESG First Nations Lithoquest’s Ontario projects are within the traditional territory of the Eabametoong First Nations. The Company is committed to engaging with the local community to advance the projects in a cooperative, respectful and mutually beneficial way. Social & Environmental Re
Slide 7: Gold Camps of Ontario, Canada
Gold Camps of Ontario, Canada Home to +200Moz of gold production Historic Gold Camps Timmins-Porcupine: +67Moz Kirkland Lake: +42Moz Red Lake: +30Moz Hemlo: +21Moz Fort Hope Area Greenstone belt with the potential to host a major gold camp Targeting banded iron formation (“BIF”) hosted gold deposits
Slide 8: BIF Hosted Gold Deposits
BIF Hosted Gold Deposits What makes BIF hosted gold deposits attractive? Multimillion ounce potential High-grade / high-margin deposits Notable BIF Hosted Gold Deposits Deposit Size Avg. Grade Homestake +42Moz 8.4g/t Meliadine +10Moz 7.1g/t Musselwhite +6Moz 5.3g/t Lupin +3Moz 9.1g/t Madsen – Red La
Slide 9: Lithoquest Projects
Lithoquest Projects District Scale Potential Strategic acquisitions in the Miminiska- Fort Hope greenstone belt 1. Option to purchase a 100% interest in the two most advanced projects in the belt: Miminiska – high-grade gold in BIF Keezhik – numerous high-grade Keezhik gold discoveries 2. Grassroots
Slide 10: Acquisition Terms
Acquisition Terms Earning a 100% interest in Miminiska & Keezhik Table of Option Payments Payment Date Cash Shares On signing (6th May 2021) $25,000 Nil 9th July 2021 $100,000 Nil 24th December 2021 $250,000 $400,000 24th June 2022 $250,000 $500,000 24th December 2022 $250,000 $750,000 24th Ju
Slide 11: Major Milestones
Major Milestones Applying a modern exploration techniques to an overlooked district 2021 2022 H1 H2 H1 H2 Agreement to Compile historical • Capital raise to support • EM survey at Keezhik acquire a 100% data Miminiska drill program • Discovery drilling at interest in Complete Airborne • EM survey
Slide 12: Miminiska Project
Miminiska Project Drill Confirmed High-Grade Gold Miminiska Prospect Select Historical Results* Drill From To Interval Au Frond Hole (m) (m) (m) (g/t) Prospect 0603-8 51.9 72.8 20.8 5.75 0604-32 235.8 241.1 5.3 13.95 88C-10 54.6 69.3 14.7 3.74 0603-18 120.6 131.8 11.2 4.49 0603-17 43.5 61.2 17.7 2.4
Slide 13: Miminiska Prospect
Miminiska Prospect Z-Fold Structures with Multi-Million-Ounce Potential Similarities to Lupin Miminiska Prospect BIF Lupin Mine BIF Hosted Gold Deposit Gold hosted in BIF 3.4MOz @ 9.1 g/t Au BIF folded into “Z” Gold occurs with sulphide minerals Shear zones control gold mineralization Miminiska Prop
Slide 14: Miminiska Prospect
Miminiska Prospect Historical Drilling Provides Proof of Concept More Drilling Target Area 1 Required Most historical drilling <200m High-grade results require follow-up Significant portions of BIF untested Next Steps Q1 Geophysics • Complete EM survey Q1-Q2 Drilling • Expand known 100 mineralized z
Slide 15: Keezhik
Keezhik Early-Stage Opportunity with Multi-million Ounce Discovery Potential Select historical results* Sample Interval Zone Au (g/t) Type (m) KL-12 Core 2.0 16.2 KL-12A Core 0.6 47.7 KL-12B Core 1.3 25.8 KL-18 Core 3.0 9.8 Numerous drill-confirmed high-grade gold prospects No sustained exploration
Slide 16: Attwood
Attwood Grassroots Property with Precious and Base Metal Potential Prospective Ground Weese Lake Cu Showing 100% owned project No Royalty No exploration since 1970’s Less than 20 historical drill holes Within 5km of all-weather road Next Steps Q2/2022 – Airborne EM survey Q3/2022 – Geochemical Sampl
Slide 17: Key Reasons to Buy
Key Reasons to Buy Lithoquest is exploring for multi-million-ounce gold deposits in NW Ontario Management & Advisors has a track record of creating value through discovery Exceptional list of supportive shareholders Projects with extensive gold showings: drill- confirmed and high-grade Cle
Slide 18: lithoquest.com TSX-V: LDI
info@lithoquest.com lithoquest.com +1 (604) 506-2804 TSX-V: LDI
Slide 19: Miminiska Prospect
Miminiska Prospect Historical Drilling: Plan and Long Section TSX–V: LDI 19
Lithoquest Resources — Investor Presentation (February 2022) on 6ix