Firefly Metals Ltd · ASX:FFM
Firefly Metals — Diggers and Dealers 2021
17 slides from Firefly Metals's conference presentation, Aug 2, 2021
Slide 1: Pickle Crow Gold Project, Ontario, Canada
PICKLE CROW GOLD PROJECT, ONTARIO, CANADA A RAPIDLY ADVANCING HIGH-GRADE GOLD PROJECT DIGGERS AND DEALERS PRESENTATION Darren Cooke, Chief Operating Officer 2ND AUGUST 2021 | ASX: AUT
Slide 2: Disclaimer & Cautionary Statements
DISCLAIMER & CAUTIONERY STATEMENTS DISCLAIMER This presentation has been prepared by Auteco Minerals Limited (the Company) based on information from its own and third party sources and is not a disclosure document. No party other than the Company has authorised or caused the issue, lodgement, submis
Slide 3: Corporate Summary
CORPORATE SUMMARY A Canadian focused ASX listed company with one of the S H A R E HO LD E R S U M M A R Y highest grade +1.7Moz Resources Globally at 8.1g/t gold Board and Management 27% 120 (on a fully diluted basis) $0.20 Total Australian and Global institutions 26% 100 Substantial shareholders 80
Slide 4: Auteco Growth Vision
AUTECO GROWTH VISION Build a globally relevant and sustainable resources company focused on value creation for shareholders and the communities in which we operate COMMODITY Gold Focused ±Ag ±Cu PEOPL E, SAFETY & SOCIAL LICENCE • Develop and maintain our human capital JURISDICTION PRIMARY AUTECO FOC
Slide 5: Canada & Ontario – The Investment Case
CANADA & ONTARIO – THE INVESTMENT CASE A true Tier 1 mining location in every definition of the term ONTARIO IS HOME TO MAJOR GLOBAL JURISDICTION GOLD PRODUCERS Barrick, Newmont, Agnico-Eagle, Kirkland Lake, Evolution • Canada is one of the best mining locations globally • Ontario consistently ranks
Slide 6: Pickle Crow Asset Summary
PICKLE CROW ASSET SUMMARY One of the highest-grade historic gold deposits in Canada – Pickle Crow underground mine produced 1.5 Moz at 16.1g/t Au LOCATION • 400km north of Thunder Bay, Ontario, Canada • Access via paved highway, sealed roads and air ACCESS • Access 365 days per year Pickle Crow TENE
Slide 7: Pickle Crow Geological Setting
PICKLE CROW GEOLOGICAL SETTING World-class tier one mining district in Ontario, Canada CONTINENT TECTONIC ELEMENT PROVINCE REGION DEPOSIT Laurentia Uchi Sub- Pickle Lake Pickle Crow North Superior province Greenstone & Central America Craton Belt Patricia THE UCHI SUBPROVINCE One of the best gold ad
Slide 8: Deposit Scale Geology
DEPOSIT SCALE GEOLOGY Exploring the prolific Northern Pickle Lake greenstone belt CONTINENT TECTONIC ELEMENT PROVINCE REGION DEPOSIT Laurentia Uchi Sub- Pickle Lake Pickle Crow North Superior province Greenstone & Central America Craton Belt Patricia A CLASSIC ARCHEAN OROGENIC GOLD SYSTEM TWO DISTIN
Slide 9: Pickle Crow Resource
PICKLE CROW RESOURCE 1.7 Million Ounces of gold and still growing Mineralised Domain Cut-off Tonnes Grade Gold ∆ to 710,000oz of near-surface (Mt) (g/t) (Moz) Sept. 2020 Resource added from the Quartz Lodes 3.5 g/t 4.5 10.1 1.47 +0.47 Moz drill bit at A$15.25 per Alteration Hosted (BIF) 2.0 g/t 2.1
Slide 10: Economic Evaluation
ECONOMIC EVALUATION Underground and bulk mining opportunities highlight optionality OPEN PIT & UG OPTIONS The Auteco game plan is to establish underground drill positions to infill the 1.47Moz @ 10.1g/t vein Resource. The broad BIF / Alteration- hosted Resource may provide the platform to launch (0.
Slide 11: Exploration & Growth
EXPLORATION & GROWTH Building momentum at all stages of the project pipeline LONG TERM GROWTH PATHWAY TO PRODUCTION GENERATIVE DISCOVERY RESOURCE GROWTH Works Completed • Mapping and reconnaissance • First-pass drill testing of • Continued step out and ACTIVITY rock chip sampling conducted conceptua
Slide 12: Drilling Highlights
DRILLING HIGHLIGHTS Near Mine Exploration – Shaft 1 & Shaft 3 Area Near Mine Exploration – Albany Carey Area Recent intersections point to further Resource growth Carey Discovery – A revised geology model 12
Slide 13: Regional Exploration
REGIONAL EXPLORATION Exploring the prolific Northern Pickle Lake greenstone belt CAMP-SCALE POTENTIAL • As with many deposits of this style, there are parallel structures adjacent to the main Core 100% AUT TARP LAKE Mine shear at Pickle Crow 4.6m @ 7.2g/t Au from 76.9m 36.0m @ 1.5g/t Au from 158m •
Slide 14: Forward Work Plan
FORWARD WORK PLAN Key Strategic Work Pillars for Pickle Crow to December 2021 LONG TERM GROWTH PATHWAY TO PRODUCTION GROWTH & RESOURCE PATHWAY TO EXPLORATION UPDATE PRODUCTION • Continue the dual strategy of • Complete an updated • In anticipation of success, Near Mine Resource growth Mineral Resour
Slide 15: Auteco – A Compelling Investment Opportunity
AUTECO – A COMPELLING INVESTMENT OPPORTUNITY In summary AuTECO has built a strong platform for future growth Having advanced the historic Pickle Crow gold project to be one of the highest-grade emerging +1.7Moz Resources globally, work will continue to explore, define and grow the asset LOCATION THE
Slide 16: Pickle Crow Gold Project, Ontario, Canada
PICKLE CROW GOLD PROJECT, ONTARIO, CANADA A RAPIDLY ADVANCING HIGH-GRADE GOLD PROJECT Ground Floor, 24 Outram Street, West Perth WA 6005 | T: +61 8 9220 9030 E: info@autecominerals.com W: www.autecominerals.com 16
Slide 17: Appendices – Pickle Crow Acquisition
APPENDICES – PICKLE CROW ACQUISITION Earn-in up to 80% – First Mining Gold Inc Earn-in Details1: Auteco paid C$50,000 to First Mining (TSX: FF) in STAGE 1 EARN-IN signing binding term (51%): STAGE 2 EARN-IN sheet. Upon signing the (UP TO 70%): • Spending C$5,000,000 formal agreement: over three year