Nuvau Minerals Inc. · TSXV:NMC
Nuvau Minerals — Investor Presentation (June 2024)
25 slides from Nuvau Minerals's investor presentation, Jun 4, 2024
Slide 1: Dawn of a New Era
Dawn of a New Era Matagami, Quebec
Slide 2: Cautionary Statement
Cautionary Statement The information provided in this presentation (this "Presentation") is not an offer to sell any securities of Nuvau Minerals Corp. ("Nuvau"). This Presentation is for information purposes only. This Presentation is not, and under no circumstances is to be construed as, a public
Slide 3: The Next Highly Coveted Critical Metals Story
The Next Highly Coveted Critical Metals Story World Class Asset Experienced Team Exploration Upside • Past producing complex • Exceptional roster of board • Multiple existing targets • MRE - +0.29Mlbs Cu, 0.78Mlbs and management • Potential for multiple VMS Zn from Caber Complex • Aligned with share
Slide 4: Vision and Growth Strategy
Vision and Growth Strategy To Re-Establish Matagami as a Major Critical Minerals Producer Production Exploration Bring Matagami back into Realize growth and district scale production potential • Leverage existing resources providing 10+ • Increase resources to 20+ years years LOM • Delineate identif
Slide 5: Management and Board of Directors
Management and Board of Directors Peter van Alphen President, CEO & Director Peter van Alphen has almost 30 years of experience in progressive leadership roles in various sectors of mining industry. Most recently he was the COO of Premier Gold Mines, where he Technical Team oversaw Premier’s mining
Slide 6: Matagami – World Class Mining District
Matagami – World Class Mining District A renowned base metals district characterized • Located in Quebec, a Tier 1 mining-friendly by VMS deposits and situated in the prolific jurisdiction Abitibi Greenstone Belt • District scale potential – 1,300 km2 • Mineral endowment is proven Wallbridge Matagam
Slide 7: District scale potential
Significant Land Package District scale potential +85 km D-25 NH REN NO Manhattan, NY PD1 NOE R2 PER CBN CB LG +30 km ID ML OW OR BA BAS NH New Hosco BA Bell Allard NO Norita PD2a PD2b BRM PER Persévérance OR Orchan NOE Norita East PD2c ID Isle Dieu BAS Bell Allard South LG Garon Lake +21 km ML Matt
Slide 8: A Proven Long-Life Mining Camp
A Proven Long-Life Mining Camp Matagami was operating for almost 60 years despite vast portion of the land package remains underexplored – only 4.6% has drilling below 200 m Total DDH Drilled m per cell Total Meatrage (>200m total length, cell =per 250m x 250m) 250m cell DDH with vertical depth < 20
Slide 9: Mineral Resource Estimate – More to come
Mineral Resource Estimate – More to come Current defined MRE is within the Caber Complex Deposit Tonnes Zn Cu Ag Au Zn Cu Ag Au Cu Eq. Cu Eq. Kt % % g/t g/t kt kt koz koz % Mlbs Caber Complex M&I 1,493 6.11% 1.15% 10.0 0.21 91.2 17.1 481 9.90 3.19% 105 Caber Inferred 109 4.96% 1.01% 8.1 0.19 5.4 1.1
Slide 10: Existing Infrastructure
Existing Infrastructure Concentrator Site Tailing Storage Facility (TSF) • Permitted 3,000 tpd mill with 2 float circuits • Alternative TSF locations have been identified • Very well maintained by Glencore (closed in June 2022) • Permitting baseline work started • Rail loading facility for concentra
Slide 11: Growth Strategy at a High-level
Growth Strategy at a High-level McLeod Bracemac McLeod CaberCaber Complex Renaissance Renaissance DeepExtension & Extension PEA Complex Discovery Discovery Bracemac McLeod Upper McLeod Deeps Open • Mine ready to restart • Defined Resource – 10.6 Mt, • New VMS discovery • New High-grade discovery 550
Slide 12: Bracemac McLeod Mine
Bracemac McLeod Mine Bracemac McLeod Mine • Permitted mine • Developed mine infrastructure to 1,400m • Surface infrastructure remains in place • Glencore operated until June 2022 Upper McLeod Bracemac • McLeod Deep resource not depleted • Deposits are located just below surface, extending to over 1,
Slide 13: Bracemac McLeod Mine – McLeod Extension
Bracemac McLeod Mine – McLeod Extension 2.65m @ 4.47% Zn (*) MCL-13-31W1 16.4m @ 14.22% Zn, 2.72% Cu, 91.7g/t Ag, 0.38g/t Au MCL-13-31W4 NSV (Dyke out) MCL-13-31W2 Open 2.05m @ 24.28% Zn, 0.48% Cu (*) 11.3m @ 6.69% Zn, 2.28% Cu, 0.68g/t Au, 73.70g/t Ag Including : 7.1m @ 10.25% Zn, 4.07% Cu, 1.03g/t
Slide 14: Bracemac McLeod Mine
Bracemac McLeod Mine Resources • Remaining resources in McLeod Deeps = 280,000 t at 4m thick (150m diameter) • Internal estimate of 0.9Mt at 6% Zn and 0.9% Cu 16.4m @ 14.22% Zn, 2.72% Cu 2.65m @ 4.47% Zn Exploration • McLeod Extension discovered in 2023 • Adding High grade tonnage, close to the mine
Slide 15: Caber Complex PEA – Summary
Caber Complex PEA – Summary • Undeveloped deposits, near-term production potential • Caber • Caber Nord PD1 Caber North • PD1 • Combined Mineral Resource Caber • M&I – 3.36 Mt, 5.18% Zn, 1.10% Cu, 14.30 g/t Ag, 0.16 g/t Au • Inf – 7.32 Mt, 2.43% Zn, 1.28% Cu, 11.50 g/t Ag, 0.09 g/t Au • Some Explora
Slide 16: Matagami Mining Camp Economics
Matagami Mining Camp Economics Caber Complex PEA Building a Compelling Highlights Growth Value Proposition • Clear path to production • Low CAPEX burden due to existing infrastructure ? • Major opportunity for optimisation exist ~10 Year After-Tax NPV8% Mine Life $115.9M $115.9M Value IRR Initial Ca
Slide 17: Renaissance Zone
Renaissance Zone Exciting New Discovery • Drilled a VTEM anomaly • Massive and semi-massive sulphides Renaissance • Early-stage target, open in all directions • VMS lens with high grade precious metals West Camp • Close proximity to the Caber Complex • Unique structural context for the area – at the
Slide 18: Renaissance Zone
Renaissance Zone Conductor interpretation • 3 structural panels • Separated by intrusives and faults Only Main Panel drilled to-date Early-Stage Drilling • Current focus on the Main Panel of the zone • 650,000 m3 sulphide-pipe material nuvauminerals.com envelope intersected 18
Slide 19: Renaissance Zone Drilling – Main Panel
Renaissance Zone Drilling – Main Panel nuvauminerals.com 19
Slide 20: Key Milestones and Objectives
Key Milestones and Objectives • Potential for early production from the existing, permitted mine McLeod McLeod • Demonstrated high grade resource expansion potential Extension Extension • 2024 drill program – 5,000m to extend resource Open • Potential for 3+ years of early production (2 - 3 Mt) • Po
Slide 21: Capital Structure
Capital Structure Share Ownership Capital Raised to-date $20.67 Million 21% Top Shareholders 40% Europac Gold Fund Ewan Downie 29,893,998 ~11,640,000 Michael Vitton Issued & Outstanding Insider Ownership Libra Advisors Canada Group Sprott Group of Companies 9,677,833 2,570,000 39% Warrants* Options
Slide 22: Work Plan and Next Steps
Work Plan and Next Steps Timeline and Catalyst 2024 / 2025 Budget ($ M) • McLeod Extension Exploration Exploration and Met drilling $8.5 Next 12 Months • Renaissance Exploration Resource, Engineering, Studies $2.4 • Caber Complex – Conversion and Met sample drilling Permitting $1.4 • TSF Permitting
Slide 23: Set Up for Success & Highly De-risked
Set Up for Success & Highly De-risked Solid foundation to create value through continued de-risking and execution Tier 1 mining-friendly jurisdiction Existing site infrastructure Situated in the prolific Abitibi Greenstone Belt Permitted 3,000tpd mill Highly supportive local community Permitted deve
Slide 24: Contact
Contact Peter van Alphen President, CEO and Director pvanalphen@nuvauminerals.com nuvauminerals.com
Slide 25: Appendix – Caber Complex PEA – Economics Summary
Appendix – Caber Complex PEA – Economics Summary Long-Term Pricing Assumptions Engineering & Permitting Work Zinc US$/lb $1.30 • Streamlined permitting work – permitting baseline work has commenced Copper US$/lb $3.74 Gold US$/oz $1,650 • 2-3 years away from construction decision stage Silver US$/oz